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 aerospace and defense company with operations spanning business aviation, naval ship construction and repair, land combat systems, weapons systems and munitions, and technology products and services. This news page focuses on company developments that relate directly to these activities and to the four reported segments: Aerospace, Marine Systems, Combat Systems and Technologies.
News about General Dynamics often includes contract awards and program milestones across its defense and government customer base. For example, public announcements from its General Dynamics Information Technology (GDIT) business unit describe large task orders and contracts to modernize U.S. Navy C5ISR systems and to provide enterprise mission IT services for U.S. Army Europe and Africa. These updates highlight how the Technologies segment supports mission command, secure communications, AI, cloud, cybersecurity and data analytics for defense and government agencies.
Another key news theme involves shipbuilding and marine programs within the Marine Systems segment. Releases from General Dynamics NASSCO describe awards to construct additional John Lewis-class fleet replenishment oilers and collaborations with international shipbuilders to advance ship design and manufacturing automation. Such stories illustrate the company’s role in U.S. Navy logistics and auxiliary vessel programs.
Investors and observers can also expect financial and corporate governance updates, including quarterly and annual earnings announcements, webcasts of results conference calls, dividend declarations and executive leadership changes disclosed via press releases and Form 8-K filings. These items provide context on segment performance, orders, backlog and capital deployment.
By following GD news, readers can track how General Dynamics’ Aerospace, Marine Systems, Combat Systems and Technologies segments are performing, how major defense and government contracts evolve over time, and how corporate decisions and financial results relate to the company’s broader aerospace and defense portfolio.
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.
JLens, sponsor of the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV), has urged shareholders to vote against specific proposals at upcoming General Dynamics (GD) and Lockheed Martin (LMT) annual meetings. The proposals in question request a Human Rights Impact Assessment at GD and an evaluation of political activities alignment with human rights policy at LMT.
The shareholder votes are scheduled for May 7, 2025 (GD) and May 9, 2025 (LMT). JLens argues these proposals are motivated by the BDS (Boycott, Divestment, and Sanctions) movement and aim to pressure companies to cut ties with Israel. Both companies' Boards of Directors have recommended voting AGAINST these proposals.
The TOV ETF, launched with ADL support, aims to combat what they describe as antisemitic and anti-Israel activities in corporate governance. JLens has filed Notices of Exempt Solicitation with the SEC opposing both proposals.
General Dynamics (NYSE: GD) has announced it will host its first-quarter 2025 financial results conference call via webcast on Wednesday, April 23, 2025, at 9 a.m. EDT. The live webcast will be accessible through the company's website at www.gd.com, with a replay available shortly after the presentation concludes.
General Dynamics Electric Boat (NYSE: GD) has secured a $1 billion undefinitized contract modification for purchasing long lead time materials for Virginia Class Block VI submarines. The contract supports the U.S. Navy's submarine production requirements.
Mark Rayha, president of General Dynamics Electric Boat, emphasized that this funding maintains the important demand signal needed for the submarine industrial base to invest in capacity and materials for increased production volume. The Virginia-class submarines are specifically designed for 21st-century mission requirements, including anti-submarine warfare, surface ship warfare, and special operations support.
General Dynamics Electric Boat, headquartered in Groton, Connecticut, serves as the prime contractor and lead design yard for the Virginia class, collaborating with HII's Newport News Shipbuilding. The company 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 Information Technology (GDIT), a General Dynamics unit, has expanded its partnership with Amazon Web Services (AWS) through a Strategic Collaboration Agreement focused on digital modernization for government agencies. The collaboration aims to develop advanced solutions in cybersecurity, artificial intelligence, and cloud migration for defense, intelligence, and civilian agencies.
The partnership will leverage GDIT's R&D labs and AWS's secure cloud computing environment to explore emerging technologies like quantum and edge computing. Key focus areas include enhancing real-time intelligence, improving healthcare outcomes, and reducing fraud in civilian agencies. GDIT, an AWS Premier Consulting Partner, operates hundreds of cloud programs across government agencies with thousands of cloud professionals.
This agreement is part of GDIT's technology investment strategy launched in 2023. General Dynamics (NYSE:GD) reported revenue of $47.7 billion in 2024 and employs over 110,000 people globally.
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