General Dynamics Wins $991M Deal to Offer Military Jet MRO Services [Yahoo! Finance]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Yahoo! Finance
This seven-year contract, provided by the U.S. Air Force Life Cycle Management Center, will offer services to the U.S. Army, Coast Guard, Navy, Marine Corps and Air Force. Per the deal, General Dynamics will offer a range of global maintenance, component overhaul, repair and modification services for the aforementioned aircraft fleet. The work related to this contract will be executed in multiple locations across the United States and Germany. As nations are spending heftily these days to secure their borders, fighter jets are playing key roles in defending a country's safety. This has been boosting the demand for fighter jets. As demand for new aircraft is rising, so is the need for maintenance, repair and overhaul (MRO) services. Per a report by the Mordor Intelligence firm, the Military Aircraft MRO market is projected to reach $47.48 billion by 2029, seeing a CAGR of 2.8% between 2024 and 2029. Such growth opportunities offered by the aforementioned market should bode well f
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News
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GD
Earnings
- 10/23/24 - Miss
GD
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- GD's page on the SEC website