Mirae Asset Boosts Stake in General Dynamics

South Korean investment firm increases holdings in major U.S. defense contractor

Apr. 19, 2026 at 9:39am

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A highly detailed, cinematic close-up of heavy, industrial machinery in shades of steel grey and silver, conveying the tangible strength and financial security of the defense sector.An extreme close-up of the intricate machinery powering the defense industry's financial success.Reston Today

Mirae Asset Global Investments Co. Ltd., a South Korean investment management firm, has increased its stake in General Dynamics Corporation (NYSE: GD) by 11.7% during the fourth quarter of 2025, according to a recent SEC filing. The institutional investor now owns 56,362 shares of the aerospace and defense company's stock, valued at $18.975 million.

Why it matters

General Dynamics is a major player in the U.S. defense industry, supplying platforms and systems for the military, government agencies, and private operators. Mirae Asset's increased investment signals confidence in the company's long-term prospects and the continued strength of the defense sector.

The details

Mirae Asset Global Investments Co. Ltd. purchased an additional 5,892 shares of General Dynamics during the fourth quarter, bringing its total holdings to 56,362 shares. This represents an 11.7% increase in the investment firm's stake in the aerospace and defense company. General Dynamics is known for its business aviation, land systems, marine systems, and mission systems and IT operations.

  • Mirae Asset increased its stake in General Dynamics during the fourth quarter of 2025.
  • General Dynamics reported its Q4 2025 earnings on January 28, 2026.

The players

Mirae Asset Global Investments Co. Ltd.

A South Korean investment management firm that has increased its stake in General Dynamics Corporation.

General Dynamics Corporation

A major American aerospace and defense contractor that designs, manufactures, and supports a broad range of products and services for government and commercial customers worldwide.

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What’s next

General Dynamics is expected to report its full-year 2026 earnings in late January 2027, providing investors with an update on the company's financial performance and outlook.

The takeaway

Mirae Asset's increased investment in General Dynamics reflects the continued strength and importance of the U.S. defense industry, as major players like General Dynamics continue to secure lucrative contracts and maintain a strong financial position.