General Dynamics (GD): Is This Aerospace Dividend Stock Undervalued?

General Dynamics Corporation (NYSE:GD) has demonstrated resilience despite broader weakness in the aerospace sector. While the stock is down about 3%, it is proving to be one of the best aerospace dividend stocks. That is partly because the overall sector has underperformed, as shown by the 9% sell-off in the S&P 500 Aerospace and Defense Index. Aerospace Business Growth While sales in the aerospace segment increased by 15.1% to $3.5 billion in the second quarter, earnings growth of 26.6% to $510 million stood out. Margin expansion to 14.5% also underscored the company's effort to speed execution and deliver on the backlog.