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General Dynamics Corporation (NYSE: GD) |
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Price: $278.7800
$0.25 
0.090%
|
| Day's High:
| $280.08
| Week Perf:
| -1.49 %
|
| Day's Low: |
$ 275.49 |
30 Day Perf: |
-0.99 % |
| Volume (M): |
1,519 |
52 Wk High: |
$ 316.90 |
| Volume (M$): |
$ 423,383 |
52 Wk Avg: |
$279.69 |
| Open: |
$279.45 |
52 Wk Low: |
$239.20 |
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| Market Capitalization (Millions $) |
75,712 |
| Shares
Outstanding (Millions) |
272 |
| Employees |
106,300 |
| Revenues (TTM) (Millions $) |
49,208 |
| Net Income (TTM) (Millions $) |
3,977 |
| Cash Flow (TTM) (Millions $) |
206 |
| Capital Exp. (TTM) (Millions $) |
899 |
General Dynamics Corporation
General Dynamics is a market leader in mission-critical information systems and
technologies; land and expeditionary combat vehicles, armaments and munitions;
shipbuilding and marine systems; and business aviation.
Formed in 1952 through the combination of Electric Boat Company, Consolidated
Vultee and other entities, the company grew through internal development and
acquisitions but was largely dismantled in the early 1990s through the sale
of all of its divisions except Electric Boat and Land Systems. The company's
present composition is the result of a series of acquisitions begun in 1995.
At that time, General Dynamics began an expansion of its two core defense businesses,
broadening its product lines through the acquisition of other shipyards and
combat vehicle-related entities. The company also added information technology
products and services, particularly in the command-and-control, communications,
computing, intelligence, surveillance and reconnaissance (C4ISR) area, and business-jet
aircraft and aviation support services to its offerings.
General Dynamics is organized into four primary business groups: Information
Systems and Technology, Combat Systems, Marine Systems and Aerospace. These
groups design, develop, manufacture and support leading-edge technology, products
and services for use across the spectrum of military operations. From nuclear
submarines to Stryker armored infantry carriers, ammunition to targeting systems,
tactical Personal Digital Assistants to combat search-and-rescue radios, General
Dynamics supports the combat warrior on land, at sea, in the air and on the
network. The company's Gulfstream business-jet aircraft serve business travelers
around the world, as well as government customers as special mission platforms
for intelligence, surveillance, reconnaissance and transport.
In addition to the four principal business groups, a small Resources group provides
construction aggregates and operates coal mines.
COMPETITION
The company's ability to compete successfully depends on the technical excellence
and reliability of its products and services, its reputation for integrating
complex systems, its leadership team's successful management of the company's
businesses and customer relationships, and the cost competitiveness of its products
and services. The company competes in two separate markets: defense and business-jet
aircraft.
DEFENSE MARKET
The defense market is served by numerous domestic and foreign companies that
offer a range of products and services and compete with the company for many
of its contracts. On occasion, the company is involved in subcontracting relationships
with some of these competitors. The key competitive factors in this market are
technological innovation, low-cost production, performance and market knowledge.
The Information Systems and Technology group competes with a broad range of
entities, from large defense companies to smaller niche competitors with specialized
technologies. The Combat Systems group competes in a market composed primarily
of large domestic and foreign entities. The company partners with some of these
entities from time to time, and currently is in a teaming arrangement with another
U.S. defense contractor on the manned vehicle portion of the FCS program. The
Marine Systems group operates in a market with only one other primary competitor,
Northrop Grumman Corporation; the company is also teamed with that competitor
on several programs, including the Virginia-class submarine construction contract.
The Navy's LCS program has increased competition to now include other large
aerospace companies seeking opportunities as shipbuilding prime contractors.
BUSINESS-JET AIRCRAFT MARKET
Competition in the business-jet aircraft market generally is divided into segments
based on the cabin size, range and price of the aircraft.
CUSTOMERS
The company's primary customer is the U.S. government, particularly the Department
of Defense.
Company Address: 11011 Sunset Hills Road Reston, 20190 VA
Company Phone Number: 876-3000 Stock Exchange / Ticker: NYSE GD
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Customers Net Income fell by |
GD's Customers Net Profit Margin fell to |
-15.23 % |
7.42 %
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| Stock Performances by Major Competitors |
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| General Dynamics Corporation
General Dynamics Corporation Delivers Strong Second Quarter Earnings, Promising Future Growth
Reston, VA - General Dynamics Corporation (NYSE: GD) recently announced its impressive second-quarter earnings for 2024, showcasing a remarkable increase in revenue and earnings. The aerospace and defense company reported a revenue increase of 17.967% to $11.98 billion, compared to the same period the previous year. Earnings also saw a significant boost of 20.74% at $3.26 per share.
Furthermore, income per share increased by 13.19% from $2.88 per share in the previous financial reporting period, while revenue advanced by 11.602% from $10.73 billion. These numbers demonstrate General Dynamics Corporation's ability to consistently grow and expand its operations.
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| Stocks on the Move
Published Wed, Jul 24 2024 5:20 PM UTC
Hiring Improves at General Dynamics Shipyards, Despite Supply Chain IssuesGeneral Dynamics, a leading aerospace and defense company, has reported improved hiring and reduced attrition at its shipbuilding businesses over the past year. Company executives have stated that they are beginning to see momentum build in their efforts to expand their workforce. However, they acknowl...
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| General Dynamics Corporation
General Dynamics, a renowned global aerospace and defense company, has recently released its financial results for the most recent fiscal period. The results showcase a remarkable growth trajectory, with increases in revenue, income per share, and net earnings. Additionally, the company's improving profit margins and rising demand are indicative of its strong performance in the market. However, these achievements come amidst significant personnel changes within the executive ranks. Let's delve into the context and explore these developments in detail.
Financial Performance Overview:
According to the latest financial report, General Dynamics experienced an 8.602% increase in revenue, reaching $10.73 billion in the most recent fiscal period, compared to $9.88 billion in the prior year. This growth reflects the company's robust business operations and expansion efforts. Furthermore, income per share advanced by 9.09% to $2.88 per share, compared to $2.64 in the previous year, demonstrating a consistent upward trend.
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| General Dynamics Corporation
General Dynamics Corporation, a global aerospace and defense company, has recently seen its share price surge by 0.82% over the past five trading days. This positive momentum has brought the share price to a 4.05% increase during the first quarter of 2024. Additionally, the company has reached its 52-week high, indicating significant investor confidence. However, one must wonder how recent personnel changes, financial performance, and industry trends will impact the company going forward.
Personnel Changes: Retiring Executive VP and Successor Appointment
Mark Roualet, the current Executive Vice President of Combat Systems at General Dynamics, has announced his plans to retire in April. Roualet has played a crucial role in bolstering the company's combat systems division, spearheading innovative projects, and advancing cutting-edge technologies. As he concludes his illustrious career, it remains to be seen how General Dynamics will adapt to his departure.
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| Personnel Announcements
Published Fri, Jan 5 2024 6:30 PM UTC
Reston, Va., Jan. 5, 2024 - Global aerospace and defense company General Dynamics (NYSE:GD) recently revealed significant personnel changes within its executive ranks. Mark Roualet, the current Executive Vice President of Combat Systems, has formally announced his plans to retire in April. Consequently, the company has named Danny Deep, the current head of a key di...
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| Per Share |
Current |
| Earnings (TTM) |
14.37 $ |
| Revenues (TTM) |
181.19 $
|
| Cash Flow (TTM) |
0.76 $ |
| Cash |
4.57 $
|
| Book Value |
81.83 $
|
| Dividend (TTM) |
5.62 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
14.37 $
|
| Revenues (TTM) |
181.19 $ |
| Cash Flow (TTM) |
0.76 $ |
| Cash |
4.57 $
|
| Book Value |
81.83 $ |
| Dividend (TTM) |
5.62 $ |
|
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| |
| Contracts Accounted for under Percentage of Completion |
|
 0.64 % |
of total Revenue |
| Aerospace |
|
24.76 % |
of total Revenue |
| Aerospace Aircraft manufacturing |
|
17.74 % |
of total Revenue |
| Aerospace Aircraft services |
|
7.02 % |
of total Revenue |
| Marine Systems |
|
29.36 % |
of total Revenue |
| Marine Systems Nuclear-powered submarines |
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21.43 % |
of total Revenue |
| Marine Systems Surface ships |
|
5.81 % |
of total Revenue |
| Marine Systems Repair and other services |
|
2.12 % |
of total Revenue |
| Combat Systems |
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17.8 % |
of total Revenue |
| Combat Systems Military vehicles |
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9.94 % |
of total Revenue |
| Combat Systems Weapons systems armament and munitions |
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5.74 % |
of total Revenue |
| Combat Systems Engineering and other services |
|
2.13 % |
of total Revenue |
| Technologies |
|
28.08 % |
of total Revenue |
| Technologies Information technology IT services |
|
19.34 % |
of total Revenue |
| Technologies C5ISR solutions |
|
8.74 % |
of total Revenue |
| Fixed-price |
|
63.57 % |
of total Revenue |
| Cost-reimbursement |
|
29.81 % |
of total Revenue |
| Time-and-materials |
|
6.62 % |
of total Revenue |
| Aerospace Fixed-price |
|
22.52 % |
of total Revenue |
| Aerospace Time-and-materials |
|
2.23 % |
of total Revenue |
| Marine Systems Fixed-price |
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14.1 % |
of total Revenue |
| Marine Systems Cost-reimbursement |
|
15.26 % |
of total Revenue |
| Combat Systems Fixed-price |
|
15.12 % |
of total Revenue |
| Combat Systems Cost-reimbursement |
|
2.54 % |
of total Revenue |
| Combat Systems Time-and-materials |
|
0.15 % |
of total Revenue |
| Technologies Fixed-price |
|
11.82 % |
of total Revenue |
| Technologies Cost-reimbursement |
|
12.02 % |
of total Revenue |
| Technologies Time-and-materials |
|
4.24 % |
of total Revenue |
| U S Government - DoD |
|
56 % |
of total Revenue |
| U S Government - Non-DoD |
|
10.23 % |
of total Revenue |
| U S Government - Foreign Military Sales FMS |
|
2.09 % |
of total Revenue |
| Total U S government |
|
68.31 % |
of total Revenue |
| U S commercial |
|
10.88 % |
of total Revenue |
| Non-U S government |
|
7.73 % |
of total Revenue |
| Non-U S commercial |
|
13.07 % |
of total Revenue |
| Aerospace U S Government - DoD |
|
0.53 % |
of total Revenue |
| Aerospace U S Government - Foreign Military Sales FMS |
|
0.04 % |
of total Revenue |
| Aerospace Total U S government |
|
0.57 % |
of total Revenue |
| Aerospace U S commercial |
|
10.01 % |
of total Revenue |
| Aerospace Non-U S government |
|
1.4 % |
of total Revenue |
| Aerospace Non-U S commercial |
|
12.77 % |
of total Revenue |
| Marine Systems U S Government - DoD |
|
29.11 % |
of total Revenue |
| Marine Systems U S Government - Foreign Military Sales FMS |
|
0.24 % |
of total Revenue |
| Marine Systems Total U S government |
|
29.35 % |
of total Revenue |
| Marine Systems U S commercial |
|
0.01 % |
of total Revenue |
| Marine Systems Non-U S government |
|
0.01 % |
of total Revenue |
| Combat Systems U S Government - DoD |
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9.9 % |
of total Revenue |
| Combat Systems U S Government - Non-DoD |
|
0.02 % |
of total Revenue |
| Combat Systems U S Government - Foreign Military Sales FMS |
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1.78 % |
of total Revenue |
| Combat Systems Total U S government |
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11.7 % |
of total Revenue |
| Combat Systems U S commercial |
|
0.48 % |
of total Revenue |
| Combat Systems Non-U S government |
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5.38 % |
of total Revenue |
| Combat Systems Non-U S commercial |
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0.24 % |
of total Revenue |
| Technologies U S Government - DoD |
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16.46 % |
of total Revenue |
| Technologies U S Government - Non-DoD |
|
10.21 % |
of total Revenue |
| Technologies U S Government - Foreign Military Sales FMS |
|
0.02 % |
of total Revenue |
| Technologies Total U S government |
|
26.7 % |
of total Revenue |
| Technologies U S commercial |
|
0.38 % |
of total Revenue |
| Technologies Non-U S government |
|
0.94 % |
of total Revenue |
| Technologies Non-U S commercial |
|
0.07 % |
of total Revenue |
|
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0.78% 