General Dynamics Corp Stock Price, News & Analysis

General Dynamics (NYSE:GD) has announced it will host its second-quarter 2025 financial results conference call on Wednesday, July 23, at 9 a.m. EDT. The event will be accessible via live webcast on the company's website at www.gd.com, with a replay available shortly after the presentation.

General Dynamics (NYSE: GD) has secured a significant $1.85 billion contract modification through its Electric Boat division for submarine production support. The modification, announced by the U.S. Department of Defense on June 26, 2025, covers long lead time materials and preliminary construction for Virginia-class submarines.

Electric Boat, which employs over 24,000 people at its Groton, Connecticut headquarters, specializes in designing, building, repairing, and modernizing nuclear submarines for the U.S. Navy. The parent company, General Dynamics, reported $47.7 billion in revenue for 2024 and maintains a global workforce of more than 110,000 employees.

General Dynamics (NYSE:GD) announced that its Information Technology unit (GDIT) has secured a $580 million Integrated Base Defense Sustainment Support task order to enhance U.S. Army base security. The contract includes a one-year base period with four option years.

GDIT will maintain force protection systems including radars, cameras, and sensors globally, focusing on high-threat locations. The company will utilize its Cove AI Ops Digital Accelerator to optimize logistics support and reduce operating costs. This builds on GDIT's existing Army partnerships, including training programs for 500,000 soldiers and flight school services for 4,000 Army students annually.

General Dynamics Electric Boat (NYSE: GD) has secured a $987 million contract modification for submarine production support. The modification covers Component Development, Class Lead Yard Support, and Submarine Industrial Base supplier development enhancements. The work will be distributed across three locations: 70% in Groton, Connecticut, 15% in Newport News, Virginia, and 15% in Quonset Point, Rhode Island, with completion expected by 2031. The contract aims to accelerate submarine delivery and enhance shipyard output. General Dynamics Electric Boat, which employs over 24,000 people, specializes in designing, building, repairing, and modernizing nuclear submarines for the U.S. Navy. The parent company, General Dynamics, is a global aerospace and defense corporation that generated $47.7 billion in revenue in 2024 and employs more than 110,000 people worldwide.

General Dynamics Information Technology (GDIT), a General Dynamics business unit, has secured a $396 million IT Enterprise contract to support U.S. Special Operations Command (SOCOM) components. The contract spans one base year with four option years, focusing on modernizing IT networks for Special Operations Forces (SOF). GDIT will implement AI capabilities, facilitate multi-cloud migration, and deploy zero trust cybersecurity solutions to enhance operational effectiveness in contested environments. The company will leverage its experience in delivering mission-critical IT capabilities, building on its existing relationships with SOCOM and other combatant commands. This contract reinforces GDIT's role in supporting military operations through advanced digital solutions, ensuring SOF units maintain technological superiority in their complex global missions.

General Dynamics (NYSE: GD), a global aerospace and defense company, has announced its board of directors has declared a regular quarterly dividend of $1.50 per share on common stock. The dividend will be paid on August 8, 2025, to shareholders of record as of July 3, 2025. The company, which employs over 110,000 people globally, specializes in business aviation, ship construction and repair, land combat vehicles, weapons systems, munitions, and technology services. General Dynamics reported revenue of $47.7 billion in 2024.

General Dynamics Electric Boat has secured a $12.4 billion contract modification to build two Virginia-class submarines for fiscal year 2024. The contract includes options that could increase the total value to $17.2 billion.

The agreement encompasses investments to enhance shipyard productivity and workforce support. Electric Boat, working with the Navy, Congress, and administration, has obtained funding to increase nuclear-powered vessel workforce wages and improve facility capabilities.

The Virginia-class submarines are specifically designed for 21st-century missions, including anti-submarine warfare, surface ship warfare, and special operations support. Electric Boat serves as the prime contractor and lead design yard, collaborating with HII's Newport News Shipbuilding for construction.

Based in Groton, Connecticut, Electric Boat employs over 24,000 people and is part of General Dynamics, which reported revenue of $47.7 billion in 2024 with a global workforce exceeding 110,000.

General Dynamics (NYSE: GD) reported strong Q1 2025 financial results with revenue reaching $12.2 billion, up 13.9% year-over-year. Operating earnings increased 22.4% to $1.3 billion, while diluted EPS grew 27.1% to $3.66.

The company achieved a 70-basis-point operating margin expansion to 10.4%. The Aerospace segment showed exceptional performance with revenue up 45.2%, operating earnings increasing 69.4%, and margins expanding 210 basis points to 14.3%.

Orders totaled $10.2 billion with an $88.7 billion backlog. The board declared a quarterly dividend of $1.50 per share, marking the 28th consecutive annual increase. Total estimated contract value reached $141.3 billion, including $52.7 billion in potential contract value.

Gulfstream Aerospace, a General Dynamics (NYSE:GD) subsidiary, announced that its G800 business aircraft has received both FAA and EASA certifications with enhanced performance capabilities. The aircraft exceeded initial projections, achieving a range of 8,200 nautical miles at Mach 0.85, a 200nm improvement over original estimates.

The G800's performance specifications include: travel capability of 7,000nm at Mach 0.90, 8,000nm at Mach 0.87, and an increased maximum operating speed of Mach 0.935. The aircraft features shorter takeoff and landing distances than initially announced, with a balanced field length of 5,812 feet and landing distance of 3,105 feet.

The aircraft boasts advanced cabin features including the industry's lowest cabin altitude of 2,840 ft at 41,000 ft altitude, 100% fresh air system, plasma ionization air purification, and 16 Panoramic Oval Windows. The G800's enhanced performance is attributed to its Rolls-Royce Pearl 700 engines and Gulfstream-designed aerodynamic wing and winglet.