General Dynamics Board OKs $1.26 Dividend for Shareholders

General Dynamics‘ (NYSE: GD) board of directors has approved a quarterly cash dividend of $1.26 on the company’s common stock.

The aerospace and defense company said Wednesday it will give the dividend on Aug. 5 to holders of the common stock as of July 1.

Reston, Virginia-based General Dynamics posted flat revenue of $9.4 billion for the first quarter of its 2022 fiscal year and $730 million in profit, up 3.1 percent from the same period a year ago.

Shareholders received $330 million in total dividend payments from the company during the quarter.

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

Richard Smith Named VP, GM of Defense & National Security at eSimplicity

eSimplicity announced on LinkedIn Tuesday that Richard Smith has been appointed vice president and general manager of defense and national security. What…

NASA Opens $15B NLS II Contract Vehicle to New Launch Providers

NASA is inviting commercial launch providers to submit proposals for an on-ramp opportunity under its up to $15 billion Launch…

Empower AI Appoints Former Peraton Executive Ryan Hopper as VP, Military Services Business Unit Lead

Empower AI has appointed Ryan Hopper as vice president and leader of its military services business unit as it continues…

Chris Oliver Joins Vibrint as General Manager of Products

Defense technology firm Vibrint has appointed Chris Oliver, a national security technology executive, as general manager of products.  The company…

X-Bow Systems to Acquire Evolution Space to Expand Solid Rocket Motor Production

X-Bow Systems has agreed to acquire Evolution Space to scale production of advanced solid rocket motors, or SRMs, and expand its…

Government Technology Events Guide: Top 10 Summits for 2026

The U.S. government has, for decades, been inundated with legacy systems and equipment and slow procurement cycles that led to…

VA Issues Presolicitation for Biomedical Engineering Support IDIQ

The Department of Veterans Affairs has issued a presolicitation for the Veterans Health Administration’s Biomedical Engineering Technical Professional Support Services, or…

GE Aerospace Announces $1B Investment to Boost Engine Production, Strengthen DIB

GE Aerospace said Monday that it will invest another $1 billion in U.S. manufacturing facilities and its supplier base to…

Alpha Omega Names Brittney Chappell, Sri Kothuri to VP Roles

“Federal technology firm Alpha Omega has appointed Brittney Chappell, a federal acquisition executive, as vice president of capture and Srinivas…

Trident Solutions Acquires Ibeos to Strengthen On-Orbit Electronics Capabilities

Trident Solutions has acquired space electronics developer Ibeos, expanding its capabilities in on-orbit computing and power systems used in government…

CACI Closes $2.6B ARKA Group Acquisition

CACI International has finalized its acquisition of ARKA Group in an all-cash deal valued at approximately $2.6 billion as part…

Amentum-RSI Joint Venture Secures Spot on $999M NAVFAC Demolition Contract

The U.S. Navy has awarded RSI Amentum Environmental Solutions, a joint venture between Amentum and RSI, a spot on its $999 million Demolition…

You’ve already read all related articles.

Executive Interviews