General Dynamics Stock Reacts to New Pentagon Move
General Dynamics shares closed at $346.82 Friday, up 1.1% for the holiday-shortened week after its Mission Systems unit won a $106 million Pentagon contract. The deal could reach $294.9 million through 2031. First-quarter revenue rose 10.3% to $13.5 billion, and the company raised its 2026 profit outlook. Trading was muted compared to broader gains in the S&P 500 and Nasdaq.