General Dynamics Corporation (GD) |
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Price: $277.6000
$2.39
0.868%
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Day's High:
| $277.72
| Week Perf:
| 1.07 %
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Day's Low: |
$ 274.67 |
30 Day Perf: |
2.81 % |
Volume (M): |
865 |
52 Wk High: |
$ 277.72 |
Volume (M$): |
$ 240,207 |
52 Wk Avg: |
$234.99 |
Open: |
$275.99 |
52 Wk Low: |
$202.35 |
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Market Capitalization (Millions $) |
76,559 |
Shares
Outstanding (Millions) |
276 |
Employees |
103,100 |
Revenues (TTM) (Millions $) |
42,272 |
Net Income (TTM) (Millions $) |
3,315 |
Cash Flow (TTM) (Millions $) |
671 |
Capital Exp. (TTM) (Millions $) |
904 |
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 |
-12.3 % |
7.37 %
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Stock Performances by Major Competitors |
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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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Dividend
Published Wed, Dec 6 2023 7:30 PM UTC
In a recent press release, General Dynamics (NYSE: GD) announced the declaration of a regular quarterly dividend of $1.32 per share on the company's common stock, payable on February 9, 2024, to shareholders of record on January 19, 2024. This move highlights General Dynamics' strong commitment to its shareholders, but what impact does it have on the company's shar...
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General Dynamics Corporation
General Dynamics Corporation, one of the leading ship and boat building companies, recently released its financial results for the period ending October 01, 2023. The company experienced both positive and negative developments, with revenue growth, decreased income, and a shift in focus towards improving sales. This article will analyze the key facts and figures from General Dynamics Corporation's latest financial report. Revenue Growth: General Dynamics Corporation's revenue in the financial interval closing Oct 01, 2023, rose by an impressive 5.975% to $10.57 billion compared to the prior year. This growth signifies strong performance for the company, which could be attributed to an increase in demand for its ship and boat building products.
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General Dynamics Corporation
The Ship & Boat Building industry has witnessed varied financial results for General Dynamics Corporation in the three months ending July 02, 2023. While revenue showed a considerable improvement, the company observed a contraction in its earnings per share (EPS). As we delve into the numbers, it becomes imperative to analyze the potential impact of these results on the future prospects of General Dynamics Corporation. Revenue Growth Amid Decreasing Bottom-line: Despite a respectable 10.48% increase in revenue to $10.15 billion, General Dynamics Corporation experienced a decline of -1.82% in its bottom-line, with EPS falling to $2.70 per share. Although the revenue growth is encouraging, the decrease in EPS raises concerns about the company's ability to convert sales into profits efficiently.
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Per Share |
Current |
Earnings (TTM) |
12.04 $ |
Revenues (TTM) |
153.28 $
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Cash Flow (TTM) |
2.43 $ |
Cash |
6.94 $
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Book Value |
77.23 $
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Dividend (TTM) |
5.18 $ |
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Per Share |
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Earnings (TTM) |
12.04 $
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Revenues (TTM) |
153.28 $ |
Cash Flow (TTM) |
2.43 $ |
Cash |
6.94 $
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Book Value |
77.23 $ |
Dividend (TTM) |
5.18 $ |
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General Dynamics's Operating Statistics
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Decrease / Increase
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Information Systems Technology Backlog (millions $) |
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Combat Systems Backlog (millions $) |
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Marine Systems Backlog (millions $) |
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Aerospace Backlog (millions $) |
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Resources Backlog (millions $) |
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Total Backlog (millions $) |
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