|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||190.70 - 193.75|
|52 Week Range||184.21 - 230.00|
|PE Ratio (TTM)||19.69|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||3.72 (1.93%)|
|1y Target Est||241.06|
U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government's push to sell more weapons overseas and said they expected European defence spending to increase in the coming years. Western arms makers are jockeying to take advantage of expanding defence budgets among NATO allies and in other regions. Shares in Lockheed Martin (LMT.N), Boeing (BA.N) and other big U.S. arms makers have seen double-digit percentage rises since President Donald Trump took office in January 2017.
U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government's push to sell more weapons overseas and said they expected European defence spending to increase in the coming years. Western arms makers are jockeying to take advantage of expanding defence budgets among NATO allies and in other regions. Shares in Lockheed Martin, Boeing and other big U.S. arms makers have seen double-digit percentage rises since President Donald Trump took office in January 2017.
These defense titans have each enjoyed a significant run-up over the last five years. Which is the better buy today?
U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government's push to sell more weapons overseas and said they expected European defense spending to increase in the coming years. Western arms makers are jockeying to take advantage of expanding defense budgets among NATO allies and in other regions. Shares in Lockheed Martin, Boeing and other big U.S. arms makers have seen double-digit percentage rises since President Donald Trump took office in January 2017.
Northrop Grumman Corporation (NYSE:NOC) announced July 12 that current CEO Wes Bush would step aside as chief executive at the end of the year to be replaced by COO Kathy Warden. Under Bush’s leadership, NOC stock generated an annualized total return over eight-and-a-half years of 27.5%. Warden will be hard-pressed to deliver those kinds of numbers, but it’s important to point out that Bush’s tenure benefited greatly by taking over in January 2010, less than a year into the longest bull market in U.S. history.
Wes Bush had served in that top spot since 2010 for the Falls Church defense contractor, one of the largest in the world and the sixth-largest public company in the Washington region.
He departed as chief growth officer at the revamped General Dynamics Information Technology after two months in the job.
Scale is still the name of the game in government contracting M&A, no matter how much companies downplay it.
FALLS CHURCH, Va. , July 12, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its second-quarter 2018 financial results conference call on Wednesday, July 25, 2018 , beginning at 9 am EDT ...
LONDON, UK / ACCESSWIRE / July 5, 2018 / Active-Investors has a free review on General Dynamics Corp. (NYSE: GD) following the Company's announcement that it will begin trading ex-dividend on July 05, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding holidays) that is by latest at the end of the trading session on July 03, 2018. Active-Investors has initiated due-diligence on this dividend stock.
A generous flow of funds from the Pentagon was not sufficient enough to boost the aerospace and defense stocks substantially
Microsoft Corp. is catching up to Amazon.com Inc. in obtaining federal security approvals, giving it an edge over other potential bidders in the Pentagon’s winner-take-all competition for a multibillion-dollar cloud computing contract. The company best-known for its office software is advancing toward the certification needed to host the government’s most sensitive, classified information -- a status held currently only by Amazon Web Services -- as it expands cloud-computing storage centers through its Azure Government Secret unit. “Based on the security accreditation process alone there are really only two competitors,” Amazon and Microsoft, said Christopher Cornillie, a federal market analyst for Bloomberg Government.
The Space Network Ground Segment Sustainment (SGSS) team also successfully completed initial installation testing of new Space Ground Link and Management and Control capabilities essential for future Space ...
ST. PETERSBURG, Fla. , June 27, 2018 /PRNewswire/ -- General Dynamics Ordnance and Tactical Systems was awarded a $33.8 million contract on May 22, 2018 , by the U.S. Army Contracting Command, Warren, ...
GDIT will provide local area network enterprise services to over 100 offices nationwide. FAIRFAX, Va. , June 26, 2018 /PRNewswire/ -- CSRA LLC, a managed affiliate of General Dynamics Information Technology ...
STERLING HEIGHTS, Mich. , June 26, 2018 /PRNewswire/ -- The U.S. Army has awarded General Dynamics Land Systems a $258 million contract modification to upgrade 116 Stryker flat-bottom vehicles to the Stryker ...
General Dynamics' (GD) Hydra-70 rockets can be mounted on most of the rotary and fixed-wing aircraft, which include the Apache, Cobra and F-16.
The Trump administration’s “zero tolerance” policy at the border generated weeks of outrage, but for some federal contractors it’s also generating profits, analysts say. Under Trump’s policy, launched in April, anyone who crosses the border without authorization is subject to criminal prosecution, even if they are seeking asylum.
It underscores the challenges companies face when they find their brands ensnared in Trump-related controversy, if not outright personal ire.
General Dynamics' (GD) Stryker Land Vehicle provides the U.S. Army with an effective mix of capabilities, including infantry transport, offensive firepower and reconnaissance.
A sudden sell-off was witnessed in the global stock market, which in turn overweighed the positive impact of the U.S. Senate's approval for fiscal 2019 budget.
Sustainable investors, playing the long game, are engaging with companies to strengthen human-rights practices even after the Trump administration decided to rescind its executive order to separate migrant families at the border, deciding to keep families together in custody. Sister Nora Nash, who oversees retirement funds for the Sisters of St. Francis of Philadelphia, told Barron’s that she is working with JPMorgan Chase (JPM) and Wells Fargo (WFC), “financial institutions who support legislation on human rights, and asking them to do due diligence on financing prisons.” Earlier this week, Nash says, she had written half a dozen companies, including the two banks, “to ask their CEOs to address the issue at the border.” After Nash sent the letters, she says, the Business Roundtable—a group of CEOs of major corporations chaired by JPMorgan Chase CEO Jamie Dimon—issued a statement urging the administration “to end immediately the policy of separating accompanied minors from their parents.