General Dynamics Corp
GD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|d@ | LOCK|>yB | LOCK|<R>Y&!d |
General Dynamics Earnings: Business Jet and Submarine Manufacturing Improve; Shares 5% Undervalued
Revenue grew 9% year over year to $13 billion, while operating profit rose 13% to $1.3 billion. Submarine construction and timing, in particular, boosted revenue growth, with marine top line up 22%. Deliveries of G700 business jets drove 26% growth in aerospace operating profit to $400 million.
