Q1 2020 General Dynamics Corp Earnings Call

GD earnings call for the period ending March 29, 2020.

U.S. weapons makers have teamed up with medical device companies to increase the supply of ventilators that can be used to combat the coronavirus pandemic, people working on the project said. The two groups do not regularly partner on projects, but when a defense industry consultant with an engineering background realized weapons makers could help solve supply-chain problems within the U.S. ventilator industry, the creation of Vent Connect was set in motion and is set to be announced on Monday, the people said. The idea gathered momentum when industry associations like the Aerospace Industries Association, which represents plane makers and defense contractors including Lockheed Martin Corp and General Dynamics Corp, teamed up with AdvaMed, the Advanced Medical Technology Association, whose members include vent manufacturers.

Gulfstream Aerospace Corp. today announced its award-winning Gulfstream G600 earned type certificate approval from the European Union Aviation Safety Agency (EASA), enabling aircraft registrations and deliveries to begin for EU customers.

Northrop earnings missed Q1 views. The defense giant topped sales views but guided low on 2020. General Dynamics earnings and sales fell short.

Last week saw the newest quarterly earnings release from General Dynamics Corporation (NYSE:GD), an important...

The Pentagon reportedly has asked Congress for authority to issue a bulk order for the first two Columbia-class ballistic missile submarines, a deal that would be worth as much as $17.7 billion for lead contractor General Dynamics (NYSE: GD). The Columbia is a key cog in the U.S. military's nuclear deterrence strategy and is expected to be the most expensive Navy program ever, with a total estimated construction budget surpassing $115 billion. The Navy intends to buy 12 Columbia class submarines to replace its aging fleet of Ohio-class boats, with hopes to have the first Columbia on patrol by 2031.

In this article we are going to estimate the intrinsic value of General Dynamics Corporation (NYSE:GD) by taking the...

General Dynamics (GD) delivered earnings and revenue surprises of -1.22% and -5.76%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

On CNBC's "Mad Money Lightning Round," Jim Cramer said that Crowdstrike Holdings Inc (NASDAQ: CRWD) is the best cybersecurity company for the revolution of being online, in the cloud and working at home. He likes it very much.Camping World Holdings Inc (NYSE: CWH) is making a comeback, said Cramer. He finds it hard to pound the table here, but he is encouraged because Winnebago Industries, Inc. (NYSE: WGO) reported good numbers.Cramer is not a buyer of Apache Corporation (NYSE: APA).Lam Research Corporation (NASDAQ: LRCX) is reacting to the news about China, explained Cramer. He is not willing to recommend it as long as trade tensions are high.General Dynamics Corporation (NYSE: GD) is not a favorite one right now, said Cramer. He sees it as a very good long-term hold.United Natural Foods Inc (NYSE: UNFI) is inconsistent, said Cramer. He would take a pass on it.See more from Benzinga * Alibaba, Tesla Among Cramer's Stay-At-Home Stock Ideas * Cramer Shares His Thoughts On Procter & Gamble, Virgin Galactic And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

General Dynamics Information Technology (GDIT) today announced it was awarded a new contract by the U.S. Department of State (DOS) Bureau of International Narcotics and Law Enforcement Affairs (INL) to support its Western Hemisphere Program (WHP). In partnership with INL WHP, GDIT will strengthen international counter-narcotic, anti-crime and foreign partner law enforcement capabilities. The indefinite delivery indefinite quantity (IDIQ) contract holds an estimated value of $350 million and includes a base period of one year with four 12-month options.

Teaser: Over the past five trading sessions, the defense biggies put up a dismal show, except Boeing.

General Dynamics' (GD) decline in quarterly revenues can be primarily attributed to lower sales from the Aerospace segment on a year-over-year basis.

The U.S. Navy has paid defense contractors $600 million it had previously withheld due to poor workmanship, hoping the funds would shore up finances for suppliers ravaged by the coronavirus-driven economic downturn, a Navy official said on Tuesday. The move, which follows a similar action taken by the Air Force that unleashed billions of dollars in payments, is aimed at replacing revenues vital Pentagon suppliers have lost in their non-military businesses as the spreading coronavirus has halted business activity nationwide. "We were immediately able to infuse about $600 million of funds that we had on withholds," James Geurts, the assistant secretary of the Navy for research, development and acquisition, told reporters on a conference call.

The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies.

Valens Research uses what’s called uniform accounting to remove ‘noise’ and identify overlooked risks to investors.

General Dynamics profit lagged estimates. The company reported a $549 million revenue hit as the coronavirus disrupted deliveries of its Gulfstream business jet.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Kratos' (KTOS) Q1 revenues increase 5.3% year over year on higher product sales and service revenues.

HEICO Corp.'s (HEI) fiscal second-quarter earnings decline 8.3% on a year-over-year basis due to lower quarterly sales as well as operating income.