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General Dynamics (GD) is a stalwart in the global aerospace and defense industries. For potential investors, they offer an impressive track record of dividend increases and share repurchases. GD is undervalued compared to their own history, their peers, and the overall market. At the current price of ~$178, this battle-tested business may be worthy of a position in the portfolio of a prudent, long-term dividend growth investor.
A Little Background
General Dynamics is one of five dominant companies that form an oligopoly in an arena that is extremely resistant