General Dynamics Information Technology Secures $396 Mln Contract To Support SOCOM\n\nPublished on 06/13/2025 at 12:41\n\nShare This article is reserved for Unlock the article: REGISTER NOW! Already a customer? Share\n\n© Reuters - 2025\n\nGeneral Dynamics Corporation specializes in the design, manufacturing and marketing of aeronautical, space, naval, and defense systems and equipment. Net sales break down by family of products and services as follows: - information systems and technologies (34.5%): telecommunication, control, surveillance, monitoring, and similar systems; - business aircraft (29%). Moreover, the group offers maintenance and assistance services etc.; - defense and security systems (18.4%): armored combat vehicles, land combat systems, weapons systems, munitions, protection and detection systems, etc. ; - submarines and boats (12.6%). Net sales are distributed geographically as follows: the United States (83.3%), North America (2.7%), Europe (6.6%), Africa and Middle East (3.5%), Asia/Pacific (3.3%) and Latin America (0.6%). Employees 117,000 Sector Calendar Jul. 22\n\nTrading Rating Investor Rating ESG MSCI BBB Sell Buy Mean consensus OUTPERFORM Number of Analysts Last Close Price 283.00 USD Average target price 293.48 USD Spread / Average Target +3.70% \n\nQuarterly revenue - Rate of surprise 5.

General Dynamics Information Technology Secures $396 Mln Contract To Support SOCOM

General Dynamics Information Technology has secured a $396 million contract to support SOCOM, a U.S. military organization, as part of its defense and security systems division.