General Dynamics posted strong growth in key metrics, but aerospace and submarine segments faced challenges, impacting overall performance and necessitating a price target trim to $307. Aerospace segment underperformed due to G700 certification delays and supply chain issues, but improvements are expected, potentially boosting future guidance. Combat Systems and Marine Systems showed solid grow...
General Dynamics Corporation's recent share price weakness presents a compelling entry point, with strong operational performance and a robust $90.6 billion backlog. The company demonstrated solid revenue and net earnings growth, driven by strong demand in Aerospace and robust order growth in Combat Systems. Management guides for 2025 revenue growth of 5.5%, margin expansion, and EPS growth, su...
President Trump issued an executive order for the United States to deploy an Iron Dome defense system similar to the one that Israel has successfully implemented and used to protect their homeland from rocket attacks from Hamas, Iran, and other hostile entities.
General Dynamics (GD -3.95%) topped quarterly expectations, but some of the company's key business units underwhelmed. Investors were disappointed, sending General Dynamics shares down 6% at the open Wednesday and down 4% as of 1:30 p.m.
General Dynamics Corporation (NYSE:GD ) Q4 2024 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Phebe Novakovic - Chairman, Chief Executive Officer Kim Kuryea - Chief Financial Officer Nicole Shelton - Vice President of Investor Relations Conference Call Participants Ronald Epstein - Bank of America Doug Harned - Bernstein Gautam Khanna - TD Cowen Scott Deuschle - Deut...
General Dynamics reported a 14.2% rise in fourth-quarter profit on Wednesday, as sustained demand for military munitions and vehicles boosted its defense businesses.
Fourth-quarter net earnings of $1.1 billion, diluted EPS of $4.15, on $13.3 billion in revenue Full-year net earnings of $3.8 billion, diluted EPS of $13.63, on $47.7 billion in revenue $2.2 billion net cash provided by operating activities in the quarter, 188% of net earnings Ended the year with $90.6 billion in backlog RESTON, Va. , Jan. 29, 2025 /PRNewswire/ -- General Dynamics (NYSE: GD) to...
Dublin, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The "Armored Vehicles Automatic Fire Extinguishing Systems (AFES) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Armored Vehicles Automatic Fire Extinguishing Systems (AFES) was valued at US$101.8 million in 2024 and is projected to reach US$121.7 million by 2030, growing at a CAGR o...
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