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Stock impact report

Aerospace & Defense ETFs to Watch Amid Q1 Earnings [Yahoo! Finance]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
Company Research Source: Yahoo! Finance
With escalating geopolitical tensions and the depletion of weapon stocks, the global aerospace and defense sector is poised to witness significant growth in the coming years. The ongoing war in the Middle East and East Europe is causing geopolitical tensions of one form or another, resulting in heightened global military spending. According to the Guardian, global military spending has surged to $2.44 trillion, following the largest yearly increase in government expenditures on arms in over 10 years. Below, we highlight Q1 earnings results of a few renowned U.S. Aerospace – Defense Industry players. Northrop Grumman Northrop Grumman NOC reported first-quarter 2024 earnings of $6.32 per share, which beat the Zacks Consensus Estimate of $5.83 by 8.4%. The bottom line increased 15% from $5.50 recorded in the year-ago quarter, driven by an increase in operating income. NOC's total sales of $10.13 billion beat the Zacks Consensus Estimate of $9.78 billion by 3.6%. The top line al Show less Read more
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