|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||221.27 - 223.88|
|52 Week Range||183.72 - 230.00|
|PE Ratio (TTM)||23.30|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||3.72 (1.67%)|
|1y Target Est||246.58|
Leidos (LDOS) said Wednesday it’s been awarded an IT modernization task order from the Department of Veterans Affairs worth up to $472 million. Leidos will support the VA’s Information Technology Operations and Services Infrastructure Operations with data center operations, security, architecture, applications management, service desk support and command center support. It was the catalyst behind Reston-based Leidos’ bid for Lockheed Martin’s $5 billion Information Systems and Global Solutions business back in 2016, and it’s what has the proposed union of General Dynamics (GD) and CSRA (CSRA) nipping at its heels.
There's still opportunity for growth in the defense sector, but given the run up in stocks investors need to tread carefully. Who's the better buy among these defense heavyweights?
General Dynamics (GD), being one of the only two contractors in the world equipped to build nuclear-powered submarines, enjoys a dominant position as a Navy contractor
General Dynamics Corp is being awarded a $696 million modification to a previously awarded contract for additional material associated with fiscal 2019 Virginia-class submarines and fiscal 2020 Virginia-class ...
DXC (DXC) announced in October its plan to spin out the business by combining with Chantilly-based Vencore Inc. and a Colorado company called KeyPoint Government Solutions Inc. “In selecting the new company’s name and brand, it was important to represent the optimism and excitement around the unique value that this combined entity will deliver to government customers,” Vencore CEO Mac Curtis, who will serve as Perspecta’s chief executive, said in a statement. “The name Perspecta does just that.
Aircraft manufacturers as well as defense majors rely on foreign imports. Aerospace Industries Association believes that the tariff imposition might lead to a marketplace retaliation.
Dassault Aviation (AVMD.PA), one of France's leading military and civilian jet makers, voiced concerns over the impact of Brexit on Thursday, as it reported higher 2017 profits. Dassault Aviation's head Eric Trappier told reporters that uncertainty over British defence spending and the Brexit process could impact French and British co-operation on joint military projects. In 2016, France and Britain agreed to invest 2 billion euros (1.78 billion pounds) to help build a new drone, and in January this year the two countries also unveiled further joint initiatives in security and military spheres.
General Dynamics Corp. raised its quarterly dividend by 11% to 93 cents a share, with the new dividend payable May 11 to shareholders of record on April 13. The aerospace and defense company said this ...
FALLS CHURCH, Va. , March 7, 2018 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 93 cents per share on the company's common stock, ...
CSRA Inc. was pursued by two other potential buyers along with General Dynamics before the Falls Church defense giant triumphed in a bidding war that is poised to create the second-largest government IT and professional services player in the market. CACI International (CACI), not named in the filing but identified as "Company A," and Science Applications International Corp. (SAIC), called "Company B," were the other two suitors, according to sources, beginning a series of overtures almost a year ago. SAIC and CACI, analysts say, need to make their own grab for scale as the GD-CSRA union vaults past them in the group of the five largest government IT services players and the DXC Technology spinout will soon muscle its way into that group.
Boeing's (BA) P-8A Multi-mission Maritime aircraft, also known as Poseidon, is used for long-range anti-submarine warfare, anti-surface warfare and intelligence missions.
With proven combat management system lineage, Lockheed Martin's (LMT) MMSC has the interoperability necessary for today's joint and allied naval force maneuvers
SAVANNAH, Ga., March 5, 2018 /PRNewswire/ -- Gulfstream Aerospace Corp. today announced it has created a center dedicated to the resolution of aircraft-on-ground (AOG) issues, providing Gulfstream operators with an unprecedented level of integrated support and ensuring faster return to service of their grounded aircraft. The nearly 2,400 square-foot/223 square-meter center is located in the 679,199-sf/63,100-sm Gulfstream Savannah Service Center, the world's largest and most technically advanced maintenance facility built specifically for business jets, and is staffed by an enterprise-wide team of experts dedicated to predicting, preventing and resolving maintenance or logistics issues that would prevent an aircraft from making its next flight. "This is the first time we've concentrated such a broad team of multidisciplinary personnel together in a space solely dedicated to AOG situations," said Derek Zimmerman, president, Gulfstream Product Support.
Dassault Aviation (AVMD.PA) announced plans for a new long-range business jet on Wednesday, renewing a battle with Gulfstream (GD.N) at the top end of the market as demand for the ultimate status symbol recovers from a prolonged recession. The new Falcon 6X plane will be able to fly from London to Los Angeles and will enter service in 2022, Chief Executive Eric Trappier told journalists at a business aerodrome outside Paris. "It will feature the most spacious cabin in the long-range segment," Trappier said in a vast showroom for prestige jets, adding that it would sell for $47 million (£34 million).
With a massive boost to defense spending and a series of acquisitions in pipeline, the U.S. aerospace and defense sector is poised for growth in 2018.
General Dynamics (GD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
General Dynamics Land Systems-Canada: A Partner in Canada's Advanced Manufacturing Supercluster
The Zacks Analyst Blog Highlights: Boeing, Lockheed Martin, Huntington Ingalls, General Dynamics and Raytheon