S&P reiterates its Buy rating on General Dynamics (GD -5.3%) as the stock sinks following...

|About: General Dynamics Corporation (GD)|By:, SA News Editor

S&P reiterates its Buy rating on General Dynamics (GD -5.3%) as the stock sinks following the crash of one of the company’s Gulfstream jets in a test flight that kills all four people on board. The crash should delay FAA certification of the Gulfstream G650, but the event should prove only "a temporary setback for Gulfstream and GD," S&P writes.