Showing posts with label GD. Show all posts
Showing posts with label GD. Show all posts

Wednesday, February 08, 2012

General Dynamics (GD) 2012 Review


General Dynamics (GD) is a leading defense contractor supplying products and technology to marine systems, combat systems, information systems and aerospace (basically submarines, tanks, aircraft and command and control systems). The company has grown earnings and dividends 14% and 12% respectively over the last 10 years and has earned a consistently high 17-18% return on equity. GD should be able to continue to match that record because of:

(1) its broad product line should help sustain growth momentum,

(2) its products have strong congressional support,

(3) acquisitions,