General Dynamics Awarded $43.5 Million Contract Modification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16 hours ago
0mins
General Dynamics Land Systems was awarded a $43,500,000 modification to contract W56HZV-24-F-0149 in support of Abrams M1A2 System Enhancement Package Version Three tank production. Work locations and funding will be determined with each order, with an estimated completion date of Jan. 31, 2028.
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Analyst Views on GD
Wall Street analysts forecast GD stock price to rise
15 Analyst Rating
7 Buy
8 Hold
0 Sell
Moderate Buy
Current: 362.830
Low
360.00
Averages
386.85
High
410.00
Current: 362.830
Low
360.00
Averages
386.85
High
410.00
About GD
General Dynamics Corporation is a global aerospace and defense company. It offers a portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions, and technology products and services. Its segments include Aerospace, Marine Systems, Combat Systems and Technologies. The Aerospace segment produces business jets and is the standard bearer in new technology aircraft, aircraft repair, customer support and custom completion services. The Marine Systems segment designs and builds nuclear-powered submarines and is engaged in surface combatant and auxiliary ship design and construction for the U.S. Navy. The Combat Systems segment manufactures land combat solutions worldwide, including wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment provides a full spectrum of services, technologies and products to a range of military, intelligence, federal civilian and state customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Diverse Contract Structure: The contract features fixed-price-incentive, firm-fixed-price, cost-plus-fixed-fee, and cost-only structures, ensuring flexibility and cost control for the project, which is expected to enhance the company's competitiveness in defense contracts.
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- Valuation Challenges: Unlike traditional defense contractors, SpaceX's business model aligns more with tech platforms, possessing pricing power and growth potential, while approximately one-fifth of its revenue comes from U.S. federal agencies, underscoring its irreplaceable role in government operations.
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