Why These Defense Stocks Are Gaining This Week

5. General Dynamics Corporation (NYSE:GD)

Weekly Gains: 7.51%

General Dynamics Corporation (NYSE:GD) is a leading global aerospace and defense company, operating through its Aerospace, Marine Systems, Combat Systems, and Technologies segments. It is among the defense stocks that are gaining this week.

On March 5, General Dynamics Corporation (NYSE:GD) declared a quarterly dividend of $1.50 per share. This is a 5.6% hike over last year’s dividend, and marks the 28th consecutive annual dividend raise authorized by the company, reflecting its commitment to shareholder returns.

General Dynamics Corporation (NYSE:GD) has had impressive returns over the past month, following the Q4 2024 earnings call in which it reported revenue and earnings growth across segments. The company’s shares have risen by 7.51% over the past week.