General Dynamics Q4: G700 Certification Is Delayed, But On The Way; Initiate With 'Strong Buy'
GDGeneral Dynamics(GD) Seeking Alpha·2024-01-29 13:52

Omar Marques/Getty Images News General Dynamics (NYSE:GD) is an aerospace and defense company that generates more than 70% of its revenue from the U.S. government. It has a steady growth record with a stable and quite healthy backlog. I forecast that the company will benefit from the increasing tension in the global geopolitical situation. The company reported its Q4 FY23 results on January 24th, exceeding revenue expectations. I am initiating coverage with a 'Strong Buy' recommendation and a fair value of ...