OREANDA-NEWS. The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable February 5, 2016, to shareholders of record on January 15.

The board also provided management with the authority to repurchase an additional 10 million shares of the company's issued and outstanding common stock on the open market.

Headquartered in Falls Church, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; C4ISR and IT solutions; and shipbuilding.