Wednesday, January 28, 2026 at 12:44 PM
General Dynamics reported a rise in fourth-quarter revenue, driven by growth in its combat and marine systems segments, amid increasing demand for arms and ammunition.
Major weapons makers are defending dividends as the Pentagon pressures them to invest more in factories.
The company says its sales were about $60 billion in the fourth quarter for a year-over-year growth rate of 24%.
Norfolk Southern reported lower income and revenue in the fourth quarter, as it continues to operate in what Chief Executive Mark George called a volatile and challenging macroeconomic environment.
The tech giant reported higher-than-expected spending on AI infrastructure while growth in its closely watched cloud business slowed.
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