BNP Paribas Analysts Have a Positive Outlook on General Dynamics (GD)

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General Dynamics Corporation (NYSE:GD) is one of the best industrial stocks to buy. On November 18, BNP Paribas Exane began coverage of General Dynamics, assigning the stock an Outperform rating and a $410 price target, as per a report from the Fly.

In a different update on November 13, the company revealed that one of its business divisions, General Dynamics Information Technology (GDIT), has strengthened its partnership with Google Public Sector to enhance innovation for the American government. The collaboration will work on offering safe AI and cloud systems that add defense and intelligence advantages, in addition to advancing and modernizing citizen services for civilian authorities.

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GDIT will use Google Cloud to integrate its Digital Accelerators portfolio, allowing federal agencies to speed up decisions, improve security, save money, and achieve their objectives. GDIT and Google are focusing on two main areas. First, they are co-developing “mission edge AI” solutions that utilize Google Distributed Cloud, providing access to AI and computing in remote or disconnected environments, even offline and at high security levels. Second, they aim to modernize federal citizen services using GDIT’s AI and Google Cloud’s Contact Center AI, in order to improve efficiency and the user experience.

General Dynamics Corporation (NYSE:GD), based in Reston, Virginia, is a global aerospace and defense company. It has four main business divisions: Aerospace, Marine Systems, Combat Systems, and Technologies.

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