General Dynamics Secures Major Defense Contract as Analysts Lift Stock Rating

General Dynamics Corporation (NYSE:GD) is one of the 12 Set-It-and-Forget-It Stocks to Buy Now.

The company’s rating was upgraded to Buy after being awarded a $1.5 billion contract.

The second quarter 2025 report, released on July 23, 2025, highlighted a revenue of 13 billion, an 8.9% increase compared to the same quarter of the previous year. Diluted EPS saw a 14.7% increase from the year-ago quarter and also beat the consensus estimate of $3.59 by 4.2%. The company further announced a backlog of $103.7 billion at the end of the quarter, projecting a positive perception towards its future operations.

Later, on September 25, 2025, General Dynamics Corporation (NYSE:GD) was awarded a $1.5 billion enterprise IT modernization contract to strengthen the U.S. Strategic Command’s STRATCOM. General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), received the contract, after which, the company’s rating was upgraded from Neutral to Buy by Seaport Research.

With a sizable market cap of $88.86 billion, General Dynamics (NYSE:GD) projects a stable performance, improving its appeal among investors seeking long-term, low-maintenance portfolio growth.

Founded in 1952, General Dynamics Corporation (NYSE:GD), based in Virginia, is a global aerospace and defense company known for producing combat vehicles, nuclear submarines, and Gulfstream business jets. The company also offers military IT services.

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