"Research and Markets predicts that the U.S. aerospace market will expand at a compound annual growth rate (CAGR) of 2.4% from 2025 to 2034. Furthermore, the research firm identified General Dynamics as a leading manufacturer in the aerospace industry, noting that it "[d]elivers vital solutions across multiple domains." Truly, General Dynamics is in the right market at the right time."
"Truly, General Dynamics is in the right market at the right time. Believe it or not, Research and Markets envisions the military deployable infrastructure market growing to $1.29 billion in 2029 at a CAGR of 6.3%. In addition, Markets and Markets expects the the space militarization market to reach $88.6 billion by 2030 at a CAGR of 7.4% from 2023 to 2030. So clearly, if you're picking growth stocks to hold through the year 2030, you should go shopping in the aerospace/defense sector."
General Dynamics is a solid, reasonably priced dividend-paying aerospace and defense company that issues quarterly payments. The U.S. aerospace market is projected to expand at about a 2.4% CAGR from 2025 to 2034. The military deployable infrastructure market could grow to roughly $1.29 billion by 2029 at a projected 6.3% CAGR. The space militarization market may reach about $88.6 billion by 2030 at an estimated 7.4% CAGR from 2023. General Dynamics delivers solutions across multiple domains and sits in markets expected to see sustained demand amid ongoing international frictions, supporting long-term growth potential.
Read at 24/7 Wall St.
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