General Dynamics Corp. (GD) PT Raised to $173 at Stifel Following 4Q Report
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General Dynamics Reports Fourth-Quarter, Full-Year 2016 Results
January 27, 2017 7:30 AM ESTFALLS CHURCH, Va., Jan. 27, 2017 /PRNewswire/ --
Earnings from continuing operations up 5.6% to $807 million for fourth-quarter and up 3.3% to $3.1 billion for full-year 2016 Diluted EPS up 9.2% to $2.62 in fourth-quarter and full-year up 8.7% to $9.87 Operating margin in fourth-quarter of 13.6%, a 30 basis-point improvement, and full-year 2016 of 13.7%, a 40 basis-point improvement Return on sales of 9.8% in the quarter and full yearGeneral Dynamics (NYSE: GD) today reported fourth-quarter 2016 earnings from continuing operations of $807 million, a 5.6 percent increase over fourth-quarter 2015, on revenue of $8.2 billion. Diluted earnings per share from continuing operations were $2.62... More
General Dynamics NASSCO Begins Construction on Fifth Ship in Expeditionary Sea Base Program for U.S. Navy
January 26, 2017 10:00 AM ESTSAN DIEGO, Jan. 26, 2017 /PRNewswire/ --Â On Wednesday, January 25, General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), began construction on a fifth ship for the U.S. Navy's Expeditionary Transfer Dock (ESD)/Expeditionary Sea Base (ESB) program.
Designed to provide advanced flexibility and capability for sea-to-shore missions, the newest ESB will include a 52,000 square-foot flight deck, fuel and equipment storage, repair spaces, magazines,... More
