Why General Dynamics Stock Soared Today [Yahoo! Finance]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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US:NYSE Investor Relations:
investorrelations.gd.com
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Source: Yahoo! Finance
"$1.5 trillion" -- it isn't just for SpaceX anymore. Last month, SpaceX floated plans to run a $1.5 trillion initial public offering of stock. Yesterday, President Trump announced on Truth Social: "For the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, rather $1.5 Trillion Dollars ... This will allow us to build the 'Dream Military' that we have long been entitled to, and, more importantly, that will keep us SAFE and SECURE." Defense stocks in general are surging, and General Dynamics (NYSE: GD) stock in particular is up 6% as of 9:50 a.m. ET. The President didn't provide a whole lot of detail on where he wants to spend $1.5 trillion, or which companies will benefit from government largesse. One thing he did make crystal clear: Once General Dynamics and its peers get the government money, they must spend it on boosting weapons production -- not just hand it over to executives
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News
- General Dynamics (NYSE:GD) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Estimating The Intrinsic Value Of General Dynamics Corporation (NYSE:GD) [Yahoo! Finance]Yahoo! Finance
- GDIT Awarded $988 Million Contract to Modernize Navy C5ISR Systems [Yahoo! Finance]Yahoo! Finance
- General Dynamics' unit wins $988 million US Navy contract [Yahoo! Finance Canada]Yahoo! Finance Canada
- General Dynamics' unit wins $988 million US Navy contract [Yahoo! Finance]Yahoo! Finance
GD
Earnings
- 10/24/25 - Beat
GD
Sec Filings
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- GD's page on the SEC website