General Dynamics: Inexpensive Defense Leader

2026-03-04 09:10:20 ET

Introduction

I recently wrote an article discussing a bunch of defense stocks that saw big gains as a result of the escalation of the Middle East war . There, I talked about some of the companies I've broken down before, like Lockheed Martin ( LMT ) and Northrop Grumman ( NOC ), and I touched on some new names for me. One of those was General Dynamics Corporation ( GD ), and I noticed this specific stock for a couple of reasons. The first one is the fact that it stands out from this group as having the least impressive stock returns in the last year, which could potentially mean an opportunity. The second one is the current focus of this company on submarines, which, in general, is a fascinating topic to discuss, even if it's not as widely needed for the current warfare scene as fighter jets....

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