Welcome to our dedicated page for General Dynamics news (Ticker: GD), a resource for investors and traders seeking the latest updates and insights on General Dynamics stock.
General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company with operations spanning business aviation, naval ship construction and repair, land combat systems, weapons systems and munitions, and technology products and services. This news page focuses on company developments that relate directly to these activities and to the four reported segments: Aerospace, Marine Systems, Combat Systems and Technologies.
News about General Dynamics often includes contract awards and program milestones across its defense and government customer base. For example, public announcements from its General Dynamics Information Technology (GDIT) business unit describe large task orders and contracts to modernize U.S. Navy C5ISR systems and to provide enterprise mission IT services for U.S. Army Europe and Africa. These updates highlight how the Technologies segment supports mission command, secure communications, AI, cloud, cybersecurity and data analytics for defense and government agencies.
Another key news theme involves shipbuilding and marine programs within the Marine Systems segment. Releases from General Dynamics NASSCO describe awards to construct additional John Lewis-class fleet replenishment oilers and collaborations with international shipbuilders to advance ship design and manufacturing automation. Such stories illustrate the company’s role in U.S. Navy logistics and auxiliary vessel programs.
Investors and observers can also expect financial and corporate governance updates, including quarterly and annual earnings announcements, webcasts of results conference calls, dividend declarations and executive leadership changes disclosed via press releases and Form 8-K filings. These items provide context on segment performance, orders, backlog and capital deployment.
By following GD news, readers can track how General Dynamics’ Aerospace, Marine Systems, Combat Systems and Technologies segments are performing, how major defense and government contracts evolve over time, and how corporate decisions and financial results relate to the company’s broader aerospace and defense portfolio.
General Dynamics (NYSE: GD) has announced its 28th consecutive annual dividend increase, with the board declaring a regular quarterly dividend of $1.50 per share on the company's common stock. This represents a 5.6% increase compared to last year's dividend.
The dividend will be payable on May 9, 2025, to shareholders of record on April 11, 2025. The company, a global aerospace and defense leader, reported revenue of $47.7 billion in 2024 and currently employs more than 110,000 people worldwide. General Dynamics operates across multiple sectors, including business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services.
General Dynamics (GD) reported strong financial results for Q4 and full-year 2024. Fourth-quarter net earnings reached $1.1 billion (up 14.2% YoY) with revenue of $13.3 billion (up 14.3% YoY), resulting in diluted EPS of $4.15. Full-year performance showed net earnings of $3.8 billion (up 14.1%) on revenue of $47.7 billion (up 12.9%), with diluted EPS of $13.63.
The company demonstrated strong operational performance with Q4 operating cash flow of $2.2 billion (188% of net earnings). Gulfstream delivered 47 aircraft in Q4, including 42 large-cabin aircraft, totaling 136 deliveries for the year. The company maintained robust order activity with a 1-to-1 book-to-bill ratio for the year, ending 2024 with a substantial backlog of $90.6 billion and total estimated contract value of $144 billion (up 9.1% YoY).
General Dynamics (NYSE: GD) has announced it will host a webcast to discuss its fourth-quarter and full-year 2024 financial results on Wednesday, January 29, starting at 9 a.m. EST. The live webcast will be accessible through the company's website at www.gd.com, with a replay available shortly after the presentation concludes.
General Dynamics Information Technology (GDIT) has secured a significant $5.6 billion contract from the Air Force Mission Partner Capabilities Office. The contract, awarded in November, spans a five-year base period with a five-year option.
Under this agreement, GDIT will modernize, operate, and maintain the Department of Defense's Mission Partner Environment (MPE), which enables secure military communication and information sharing at multiple classification levels. The company will deliver mission, cyber, and enterprise IT services, focusing on improving interoperability with U.S. government, non-government, and international coalition partners.
GDIT brings over three decades of experience in MPE programs, including operating the largest coalition intelligence sharing program globally. Notable achievements include implementing an MPE network for U.S. Army Europe and Africa, and demonstrating Zero Trust exercises at Talisman Sabre 2023 for secure data sharing in battlefield environments with connectivity.
General Dynamics (NYSE: GD) has announced two significant shareholder-focused initiatives. The board of directors declared a quarterly dividend of $1.42 per share, payable on February 7, 2025, to shareholders of record as of January 17, 2025. Additionally, the board authorized management to repurchase an additional 10 million shares of the company's common stock on the open market.
The company, which operates in aerospace and defense sectors, maintains a workforce of over 100,000 employees across 65 countries and reported revenue of $42.3 billion in 2023.
Gulfstream Aerospace, a General Dynamics unit, has secured a $991 million contractor logistics support services contract from the U.S. Air Force Life Cycle Management Center for C-20 and C-37 fleets. The seven-year contract covers maintenance, component overhaul, repair, and modification services for multiple military branches including the Air Force, Navy, Marine Corps, Army, and Coast Guard. Work will be performed at various military bases across the U.S. and Germany. Gulfstream has delivered over 200 special missions aircraft to more than 40 countries, including all U.S. military branches.
General Dynamics (GD) reported strong Q3 2024 financial results with revenue reaching $11.7 billion, up 10.4% year-over-year. Operating earnings increased 11.7% to $1.2 billion, while diluted EPS grew 10.2% to $3.35. The company achieved a 10.1% operating margin, expanding 10 basis points from the previous year. Gulfstream delivered 28 aircraft, including 24 large-cabin aircraft. The quarter saw strong order activity with a book-to-bill ratio of 1.1-to-1, resulting in a total backlog of $92.6 billion and total estimated contract value of $137.6 billion.
General Dynamics (NYSE: GD) will showcase its latest innovations at the Association of the U.S. Army (AUSA) annual meeting from Oct. 14-16 in Washington, D.C. Four business units will exhibit:
1. General Dynamics Land Systems will display its Mission Command on the Move (MCOTM) concept, featuring three new vehicles: Stryker MCOTM, MUTT XM, and TRX Defender.
2. General Dynamics Mission Systems will demonstrate various technologies, including the IMPACT software suite, Smart Munitions, TEWS-I, and Assured PNT solutions.
3. General Dynamics Ordnance and Tactical Systems will showcase weapon systems, artillery systems, and missile subsystems.
4. General Dynamics Information Technology will present solutions for Zero Trust, Mission Partner Environments, Tactical 5G, AI-Assisted Software Factory, and Artificial Intelligence.
These exhibits highlight GD's commitment to advancing military technology and supporting multi-domain operations.
General Dynamics (NYSE: GD) has announced that it will webcast its third-quarter 2024 earnings results conference call on Wednesday, October 23, starting at 9 a.m. EDT. The live webcast will be accessible at www.gd.com, with a replay available shortly after the presentation concludes. This event provides an opportunity for investors and analysts to gain insights into the company's financial performance for the quarter. General Dynamics, a major player in the aerospace and defense industry, regularly hosts these quarterly calls to discuss its financial results and provide updates on its business operations.
General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), has been awarded a $299 million contract by the Defense Information Systems Agency (DISA) to support the Pentagon's network infrastructure. The contract, part of the Joint Service Provider Enterprise Transport Management-Next Generation (JSP ETM-NG) program, has a one-year base period with two six-month options.
Under this contract, GDIT will:
- Continue operating and maintaining the Pentagon and National Capitol Region's network infrastructure, supporting over 55,000 customers
- Optimize the IT environment
- Improve the speed, security, and reliability of the network infrastructure
This partnership aims to enhance technological superiority for warfighters by providing a modern, secure, and reliable network.
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