Tag: $General Dynamics

General Dynamics Corp (GD) is one of the defense & aerospace stocks gaining from rising geopolitical spending. On January 12, General Dynamics Corp (GD) confirmed that its information technology unit has secured a $988 million contract for the Ship and Air Command, Control, Communications, Computers, Combat, Intelligence, Surveillance, and Reconnaissance (C5ISR) Systems Support (SACSS).

General Dynamics reported a 27% rise in first-quarter profit on Wednesday, driven by recovery in its aerospace segment, as well as sustained strength in its defense business.

General Dynamics beat Wall Street expectations for fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment even as supply-chain pressures drove up costs.

Oct 25 (Reuters) – U.S. defense contractor General Dynamics (GD.N) beat Wall Street estimates on Wednesday, as buoyant military equipment demand helped overcome higher operating expenses.