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 leader in aerospace, defense systems, and marine technologies, serving government and commercial clients worldwide. This page provides a comprehensive repository of official press releases, financial announcements, and strategic updates directly from the company and verified sources.
Investors and industry professionals can efficiently track GD's latest developments across its core segments: Gulfstream business aviation updates, combat vehicle production milestones, naval shipbuilding contracts, and defense technology innovations. The curated feed includes earnings reports, major Department of Defense contracts, product certifications, and leadership updates.
Content is organized chronologically and updated in real time, enabling users to monitor operational developments, analyze business trends, and assess regulatory filings. Key coverage areas include new submarine program announcements, aerospace delivery schedules, and mission systems advancements.
Bookmark this page for streamlined access to General Dynamics' official communications and third-party analysis. Combine this resource with Stock Titan's financial tools for comprehensive investment research.
General Dynamics Land Systems has announced a Strategic Teaming Agreement with Epirus, Inc. to enhance mobile Short Range Air Defense (SHORAD) solutions against drone swarms and electronic threats. This collaboration aims to integrate the Leonidas directed energy system into the Army’s Stryker vehicles, providing advanced counter-electronics capabilities. The partnership is set to improve Stryker formations and includes the development of modular robotic combat vehicles to meet future mission needs.
General Dynamics (NYSE: GD) will host a live webcast of its third-quarter 2021 financial results conference call on October 27, 2021, at 9 a.m. EDT. Investors can access the call via www.gd.com, with a replay available afterward. This webcast provides an opportunity for stakeholders to gain insights into the company's financial performance and strategies moving forward.
On October 4, 2021, Gulfstream Aerospace Corp., a subsidiary of General Dynamics (NYSE: GD), unveiled two new aircraft: the G800 and G400. The G800 boasts the longest range in Gulfstream's history at 8,000 nautical miles, while the G400 is the first new large-cabin aircraft in over a decade. Both aircraft feature advanced technology, including the Gulfstream Symmetry Flight Deck and enhanced environmental efficiency. Deliveries for the G800 are projected to begin in 2023, with G400 deliveries expected in 2025, marking significant advancements in the business aviation sector.
Cubic Corporation has been awarded a contract by the U.S. Army to develop a Synthetic Training Environment Live Training System prototype. This contract, executed in partnership with General Dynamics Mission Systems, focuses on enhancing ground training solutions and modernizing the Army's training capabilities globally. The prototype aims for readiness by early 2023, as existing systems reach their end of life. This initiative promises improved realism and soldier preparedness in training scenarios.
The board of directors of General Dynamics (NYSE: GD) announced a quarterly dividend of $1.19 per share on August 4, 2021. This dividend will be payable on November 12, 2021, to shareholders on record as of October 8, 2021. General Dynamics, based in Reston, Virginia, reported $37.9 billion in revenue for 2020 and employs over 100,000 individuals globally, offering products and services across various defense sectors.
General Dynamics (NYSE: GD) reported second-quarter 2021 net earnings of $737 million on revenue of $9.2 billion, with diluted EPS rising 19.7% to $2.61. Operating margin improved to 10.4%, an increase of 140 basis points year-over-year. Backlog reached $89.2 billion, up 8% from last year. Cash flow from operations was $1.1 billion with free cash flow totaling $943 million. Notable contracts included $135 million from the U.S. Navy and $620 million from the U.S. Army.
General Dynamics (NYSE: GD) will host a live webcast of its second-quarter 2021 financial results conference call on July 28, 2021, at 9 a.m. EDT. Investors can access the live stream and a subsequent replay at www.gd.com. This session will provide insights into the company's financial performance for the quarter, offering critical information for stakeholders.
The board of directors of General Dynamics (NYSE: GD) has declared a quarterly dividend of $1.19 per share, payable on August 6, 2021, to shareholders of record by July 2, 2021. Additionally, management has been authorized to buy back 10 million shares of common stock. General Dynamics, a leader in aerospace and defense, generated $37.9 billion in revenue in 2020 and employs over 100,000 people worldwide.
General Dynamics (NYSE: GD) announced first-quarter 2021 financial results with net earnings of $708 million and revenue of $9.4 billion, representing a 7.3% year-over-year growth. The Aerospace and Marine Systems segments saw over 10% growth. The total backlog increased by 4.5% to a record $89.6 billion, driven by strong order activity. Operating margin was 10%, and cash flow improved significantly from the prior year. The company returned capital to shareholders through dividends of $315 million and share repurchases totaling $744 million.
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