General Dynamics is expected to report its 4Q14 earnings on January 28, 2015. General Dynamics’ stock increased by 16.32% since its previous earnings release. During the same period, the SPDR S&P 500 ETF Trust (SPY) had returns of 3.18%.
General Dynamics (GD) is the world’s fourth largest aerospace and defense company. It offers a portfolio of products and services—like combat vehicles, business aviation, weapon systems and munitions, shipbuilding, and information technology systems and solutions.
General Dynamics has four major business segments:
- Combat Systems
- Marine Systems
- Information Systems and Technology
General Dynamic’s Aerospace segment is the second largest corporate jet manufacturer in the world—by revenue. It deals with designing and manufacturing a range of mid and large cabin business jet aircraft. It also provides maintenance, refurbishment, outfitting, and other services.
The company’s Combat System segment is a global leader in the design, development, and production of tracked and wheeled military vehicles, advanced weapon systems, and munitions for the US. The segment provided the US military with its most famous programs—including Stryker, M1 Abrams, and Hydra-70 rockets.
General Dynamics’s Marine Systems segment designs, builds, and supports submarines and surface ships. The segment’s prime products for the US Navy include SSN 774 Virginia-class submarines, Mobile Landing Program, auxiliary support ships, and DDG-51 and DDG-1000 destroyers.
Information Systems and Technology
This segment provides a portfolio of services. The services address the needs of various military, civilian, and commercial companies around the globe.
In the next part of this series, we’ll discuss how each of these segments performed in 3Q14.