• Aerospace & Defense
  • Industrials
General Dynamics Corporation logo
General Dynamics Corporation
GD · US · NYSE
292.99
USD
+2.19
(0.75%)
Company Overview

11011 SUNSET HILLS RD,RESTON VA 20190,703-876-3000

CEO

Ms. Phebe N. Novakovic

Employess

100000

Sector

Industrials

Industry

Aerospace & Defense

Website

https://www.gd.com

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment designs, manufactures, and sells business jets; and offers aircraft maintenance and repair, management, charter, aircraft-on-ground support and completion, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships. This segment also provides navy ships maintenance and modernization services; lifecycle support and repair services for navy surface ships; and program management, planning, engineering, and design support services for submarines and surface ships. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments. This segment also offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; and intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers. This segment also offers cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; software-defined networks; everything-as-a-service; defense enterprise office system solutions; and unmanned undersea vehicle manufacturing and assembly services. General Dynamics Corporation was founded in 1899 and is headquartered in Reston, Virginia.

Next Earnings Date

Oct. 23, 2024

Ex Dividends date

Aug. 09, 2024

Dividend Date

July 5, 2024

YTD Performance

13.30%

Fiscal Year End

12-31

IPO Date

1978-01-13

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 3.08% 3.15% 3.68% 7.27%
EPS 6.09% 1.39% 3.22% -1.38%
Equity 3.92% 12.67% 10.79% 14.71%
Cash -9.69% 14.71% -12.18% 54.03%
Return On Capital (ROIC) 15.67% 12.48% 11.70% 10.91%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 832 1,250 1,000 3,000 2,920
Long Term Debt 10,300 9,240 10,500 10,000 9,010
LT Finance Leases 1,820 1,620 1,680 1,410 1,500
Shares Outstanding 273 275 280 287 288
Market Cap 70,900 68,300 58,500 42,700 50,800
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
General Dynamics Board Declares Dividend
1 month

RESTON, Va. , Aug. 7, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable November 15, 2024, to shareholders of record on October 11, 2024.

prnewswire.com
General Dynamics Electric Boat awarded $1.3 billion contract modification for long lead time material for Virginia-class submarines
1 month

GROTON, Conn. , Aug. 5, 2024 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1.3 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials for Virginia Class Block VI submarines as detailed in the U.S. Department of Defense contract award.

prnewswire.com
General Dynamics Announces Rayha to Succeed Graney as President of Electric Boat
2 months

RESTON, Va., Aug. 1, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Kevin Graney, who currently serves as president of Electric Boat, has informed the company that he will retire at the end of the year.

prnewswire.com
7 Top Defense Stock Picks Geopolitics Continues to Take Center Stage
2 months

Although a controversial sector, the concept of top defense stocks will likely become an increasingly important one. Primarily, circumstances in the geopolitical realm will likely worsen.

investorplace.com
Bad News for Defense Investors: General Dynamics' Terrific Growth Won't Last
2 months

General Dynamics reported terrific Q2 results -- and investors sold off the stock anyway. General Dynamics reported a book-to-bill ratio below 1 for the second quarter in the past three.

fool.com
The 3 Best Acoustic Cloaking Stocks to Buy Now
2 months

While it may sound like something straight out of science fiction, acoustic cloaking technology is real, albeit incredibly niche in its industrial applications. As a result, there are currently no companies we can comfortably call acoustic cloaking companies, and no stocks that are directly related to the acoustic cloaking technology.

investorplace.com
7 Stocks to Buy as Trump Moves Toward a Second Term
2 months

Elections are tricky business and it's important not to put too much emphasis on polls, especially polls before September. That said, it seems clear that Republican candidate and former President Donald Trump has a less-complicated path to the White House.

investorplace.com
7 Dividend Aristocrats Set to Dominate the Next Decade: July 2024
2 months

Dividend aristocrats are stocks with at least 25 years of consecutive annual dividend growth. These “regal” dividend stocks are often considered some of the highest-quality long-term stocks to buy and hold.

investorplace.com
Why General Dynamics Stock Slumped 4% Today
2 months

General Dynamics beat on sales but missed on earnings this morning -- barely. Revenue surged at the company's Gulfstream jets division, and both sales and earnings growth in general looked very strong.

fool.com
General Dynamics (GD) Q2 Earnings Lag, Revenues Rise Y/Y
2 months

General Dynamics' (GD) Q2 revenues of $11.98 billion beat the Zacks Consensus Estimate by 3.9% and also improved 18% from the prior-year reported figure.

zacks.com
General Dynamics Posts Higher Q2 Aircraft Deliveries
2 months

General Dynamics (GD) reported second-quarter results Wednesday that revealed a sizable revenue bump driven by increased aircraft deliveries.

investopedia.com
General Dynamics (GD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 months

While the top- and bottom-line numbers for General Dynamics (GD) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com