Company will sustain force protection systems across the globe FALLS CHURCH, Va. , June 26, 2025 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced today that it was awarded a $580 million Integrated Base Defense Sustainment Support task order to continue enhancing the security and readiness of U.S. Army bases.
Following the U.S. airstrikes on Iran on June 21, which involved at least six B-2 Spirit stealth bombers targeting nuclear infrastructure, traders quickly turned their focus to defense stocks as markets reopened.
GROTON, Conn. , June 18, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $987 million contract modification to a previously awarded contract supporting submarine production.
General Dynamics received an addition to a prior contract with the U.S. Navy for its electric boat company to continue work on submarines and shipbuilding.
Company will leverage AI, cloud and cyber capabilities to enhance operational effectiveness FALLS CHURCH, Va. , June 13, 2025 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a foundational Information Technology Enterprise contract to support components of the U.S. Special Operations Command (SOCOM).
Defense stocks will be in the spotlight on Friday and in the coming days as investors focus on the ongoing crisis in the Middle East where Israel attacked Iran's nuclear sites.
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