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 reports developments across its aerospace and defense portfolio, including Gulfstream business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services. News commonly covers quarterly results, order activity, backlog, cash generation, capital spending and dividend actions.
Company updates also include contract awards and partnerships involving General Dynamics Information Technology, including C5ISR modernization, artificial intelligence and cloud-related defense solutions. Coverage reflects the company's aerospace, marine, combat systems and technologies segments and its role as a supplier to military, government and business aviation customers.
General Dynamics (NYSE:GD) has appointed Elizabeth L. Schmid as the senior vice president for Government Relations and Communications. Schmid, who has been with the company since 2015, previously served as vice president for Government Relations since 2018. She succeeds Phebe N. Novakovic, chairman and CEO, who highlighted Schmid's significant contributions to the company. Schmid's prior roles include vice president for National Security and Acquisition Policy at the Aerospace Industries Association and positions within the Senate Defense Appropriations Subcommittee and the Office of the Secretary of Defense. General Dynamics, a global aerospace and defense company, employs over 100,000 people and reported $42.3 billion in revenue for 2023.
The board of directors of General Dynamics (NYSE: GD) has declared a regular quarterly dividend of $1.42 per share on the company's common stock. The dividend will be payable on August 9, 2024, to shareholders of record as of July 5, 2024.
General Dynamics is a global aerospace and defense company offering a wide range of products and services, including business aviation, ship construction and repair, land combat vehicles, weapons systems, and technology products. The company employs over 100,000 people in 65 countries and generated $42.3 billion in revenue in 2023.
General Dynamics Information Technology (GDIT) was awarded a $185 million task order by the U.S. Air Force Civil Engineer Center (AFCEC) to provide global cybersecurity services. This contract, granted by the 772nd Enterprise Sourcing Squadron at Tyndall Air Force Base, covers a one-year base period with four option years. GDIT will secure industrial control systems at 188 installations worldwide, enhancing building automation, life safety, utility monitoring, and airfield control systems. The company aims to mitigate cybersecurity risks using its expertise in cybersecurity and zero trust. GDIT has a longstanding partnership with the Air Force and has previously won significant contracts, including a $4.5 billion indefinite-delivery/indefinite-quantity security support services contract. General Dynamics, GDIT's parent company, generated $42.3 billion in revenue in 2023 and employs over 100,000 people globally.
Gulfstream Aerospace, a subsidiary of General Dynamics (NYSE: GD), announced that its G700 aircraft has received type certification from the European Union Aviation Safety Agency (EASA) as of May 15, 2024. This follows the aircraft's Federal Aviation Administration (FAA) certification obtained on March 29, 2024. The G700 boasts significant performance enhancements, including a range of 7,750 nautical miles at Mach 0.85 and 6,650 nautical miles at Mach 0.90, a maximum operating speed of Mach 0.935, and the lowest cabin altitude in business aviation. The EASA certification will enable increased international deliveries, enhancing Gulfstream's global market presence. The G700 offers a spacious cabin with various configurations and advanced comfort features.
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