NYSE:GDAerospace & Defense
New Submarine Fire-Control Pact Might Change The Case For Investing In General Dynamics (GD)
Recently, General Dynamics secured a US$255.13 million contract, with up to US$485.31 million in options, to provide Strategic Weapon System Fire Control Subsystems and long-term support for U.S. and U.K. submarine fleets through 2033.
This multi-year, cross-navy program reinforces the company’s role in high-complexity undersea defense systems, adding to its visibility on future defense-related cash flows.
We’ll now examine how this new submarine fire-control contract affects General...