179.27 0.00 (0.00%)
After hours: 5:08PM EST
|Bid||179.00 x 800|
|Ask||179.79 x 1800|
|Day's Range||177.57 - 180.57|
|52 Week Range||143.87 - 193.76|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||15.54|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||205.83|
General Dynamics Mission Systems is the prime contractor for the contract, with 94% of the work to be done in Scottsdale during the 10-year contract period.
The fighter jet is a military aircraft designed for air-to-air combat against other aircraft. Savvy investors on the prowl for investment opportunities in the space have a number of choices. A number ...
General Dynamics (NYSE: GD) announced today that General Dynamics Land Systems' president Gary L. Whited has informed the company of his intent to retire effective April 1, 2020. He will be succeeded by Danny Deep, who currently serves as chief operating officer of General Dynamics Land Systems.
Moderate flow of funds might have driven U.S. defense stocks. While General Dynamic (GD) secures a $22-billion deal, Curtiss Wright (CW) hikes its share buyback program.
The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.02 per share on the company's common stock, payable February 7, 2020, to shareholders of record on January 17, 2020.
General Dynamics' (GD) Electric Boat division will work with Huntington Ingalls' Newport News Shipbuilding division for the construction of the fifth block of Virginia-class submarines.
We learned in November that General Dynamics Corp. (NYSE: GD) of Reston had secured an agreement to deliver new Virginia-class submarines to the Navy. On Monday, we found out just how much the contract will be worth: a whopping $22.2 billion, the largest shipbuilding contract in Naval history. The deliveries of nine fast-attack, nuclear-powered submarines are scheduled to run from 2025 to 2029, and the contract includes an option for a 10th ship to be constructed within the contract time frame.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Tariffs aren’t the only weapon in a trade war. Countries are also turning to “blacklists” to restrict the economic activities of certain foreign companies. While such steps are often described as necessary to preserve national security, they’re increasingly being deployed as policy tools to gain leverage in trade negotiations. In the case of the U.S. and China, disputes over human rights or geopolitics also can play a role.1\. Where is this happening?President Donald Trump has placed dozens of Chinese companies on the U.S. Commerce Department’s “entity list” -- a classification that restricts their ability to purchase U.S. software and components. China’s government has been considering hitting back with a blacklist of its own, targeting foreign companies, organizations and people it calls “unreliable entities.” Export powerhouses Japan and South Korea also have deployed trade restrictions in a renewal of a long feud dating back to Japan’s colonization of the Korean peninsula in the early 20th century.2\. Who is on the U.S. list?The most prominent among those blacklisted in May, primarily on national security grounds, is Huawei Technologies Co., the telecommunications giant at the forefront of fifth-generation, or 5G, mobile technology. In October, the U.S. added 28 Chinese companies -- including another eight technology giants -- for alleged human rights violations against Uighur Muslims in China’s far west Xinjiang province. Those companies include two of the world’s largest manufacturers of video surveillance products, Hangzhou Hikvision Digital Technology Co. and Zhejiang Dahua Technology Co., and a pair of artificial-intelligence companies, SenseTime Group Ltd. and Megvii Technology Ltd.3\. How is China responding?Slowly. In May, it said it was compiling its own list of “unreliable entities,” defined as those having “severely damaged the legitimate interests” of Chinese firms by not obeying market rules, violating contracts or blocking or cutting off supply for noncommercial reasons. None were identified but FedEx Corp. has been under particular scrutiny after China accused it of mis-routing some parcels sent by Huawei. In July, Chinese state media raised the specter of backlash against U.S. companies including General Dynamics Corp. and Honeywell International Inc. in connection with a proposed $2 billion U.S. arms sale to Taiwan. A month later, China vowed retaliation against U.S. companies participating in a proposed $8 billion U.S. sale of Lockheed Martin Corp. F-16 fighter jets to Taiwan. It also has pledged to retaliate against Trump’s sanctions related to human rights violations.4\. When will that happen?Soon, the Communist Party-backed Global Times said in early December. It reported said the list was being sped up in response to a bill moving through the U.S. Congress requiring measures against Chinese officials involved in alleged abuses of Uighurs. The bill passed the Senate in September and the House was set to vote on it in December. However, Chinese officials have said “soon” before.5\. What does it mean to be blacklisted by the U.S.?Those on the U.S. entity list are prohibited from doing business with American companies without first obtaining a U.S. government license. It was created in 1997 as a way to sanction companies that helped build weapons of mass destruction. It’s since been expanded to cover activities considered “contrary to the national security or foreign policy interests of the United States.” Targets can be “businesses, research institutions, government and private organizations, individuals, and other types of legal persons,” according to the Commerce Department’s Bureau of Industry and Security, which administers the list as part of U.S. Export Administration Regulations.6\. What about by China?Unclear. “Necessary measures will be taken” against those listed, was all Ministry of Commerce spokesman Gao Feng said when he announced it May 31. However, the broad definition opens the possibility that a great swath of the global technology industry could be targeted, including U.S. giants such as Google, Qualcomm and Intel, as well as non-American suppliers that have cut off Huawei like Toshiba Corp. and SoftBank Group Corp.’s ARM Holdings. Global Times Editor-in-Chief Hu Xijin said on his Twitter feed that U.S. officials and diplomats might face visa and travel restrictions.7\. What explains the increased use of blacklists?It’s part of what trade hawks in both governments see as a generational fight for technological and economic supremacy of the 21st century. The Chinese government has leveraged its massive state resources to support industrial policies like “Made in China 2025,” and a 2017 development strategy that aims to make China the world’s primary artificial intelligence innovation center by 2030. The Trump administration, backed by many in Congress, views this as a threat to America’s economic and national security and has actively sought to curb China’s technological ambitions.To contact the reporters on this story: Bryce Baschuk in Geneva at firstname.lastname@example.org;Brendan Murray in London at email@example.comTo contact the editors responsible for this story: Brendan Murray at firstname.lastname@example.org, Laurence Arnold, Grant ClarkFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The U.S. Navy today awarded General Dynamics Electric Boat a contract valued at $22.2 billion for the construction of 9 new Virginia-class submarines. The contract also includes the option of a tenth ship to be constructed within the contract time frame, bringing the total potential contract value to approximately $24.1 billion. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
General Dynamics Corp was named lead contractor on a $22.2 billion U.S. Navy contract for the construction of nine Virginia-class submarines, the Pentagon said on Monday in announcing its largest-ever shipbuilding award. General Dynamics Electric Boat Corp is the prime contractor and Huntington Ingalls Industries Inc is a major subcontractor, the Pentagon said in a statement. Eighteen Virginia-class submarines have already been delivered to the Navy.
AeroVironment's (AVAV) second-quarter fiscal 2020 results are expected to reflect an uptick from product launches. However, integration costs for Pulse Aerospace acquisition might dampen growth.
General Dynamics Mission Systems announced today that it has been awarded a $731.8 million cost-plus-award-fee and firm-fixed-price indefinite delivery/indefinite quantity sole-source contract for the Mobile User Objective System (MUOS) ground system sustainment. MUOS is a next-generation satellite communications system that provides secure voice and data communications for U.S. forces worldwide. General Dynamics Mission Systems provides the integrated ground segments for MUOS, which will soon provide secure cell phone-like communications for warfighters on the move. The contract was awarded by the U.S. Navy on November 8.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]
General Dynamics Mission Systems announced today that it has installed a new and improved GPS system onto U.S. military vehicles in Germany that allows U.S. forces to operate in an environment when GPS signals are degraded or denied. Known as Mounted Assured Positioning, Navigation and Timing Data (PNT) System (MAPS) Gen 1, the system began fielding in September on select Stryker armored fighting vehicles and could eventually extend to thousands of vehicles across Europe.
General Dynamics (NYSE: GD) announced today that the Gulfstream G500 has been delivered to its first European customer. An undisclosed Western-Europe-based charter operator took delivery of the aircraft at Gulfstream Aerospace headquarters in Savannah, Georgia.
General Dynamics (GD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies around the world.
TransDigm's (TDG) acquisition sales total $407.6 million in fourth-quarter fiscal 2019, mainly coming from Esterline Technologies Corporation.
Washington U.S. Rep. Rick Larsen led a group of bipartisan lawmakers that introduced a bill Friday providing for a $25 million campaign to promote careers in aerospace and other transportation sectors.
Business jet deliveries surged by 15 percent in the first three quarters of the year to 516, compared with 447 during the same period in 2018.