GD - General Dynamics Q4: G700 Certification Is Delayed But On The Way; Initiate With 'Strong Buy'
2024-01-29 00:52:02 ET
Summary
- General Dynamics benefits from increasing global geopolitical tensions and has a strong backlog growth.
- The company's G700 certification faced delays but is expected to drive revenue growth in FY24.
- The acquisition of CSRA strengthens GD's IT solutions business and contributes to continued notable growth.
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General Dynamics Q4: G700 Certification Is Delayed, But On The Way; Initiate With 'Strong Buy'