earnings
confidence high
sentiment positive
materiality 0.75
General Dynamics Q2 net earnings up 17.9% to $737M; EPS $2.61, beat
GENERAL DYNAMICS CORP
- Revenue $9.2B; operating margin expanded 140 bps to 10.4%.
- Diluted EPS $2.61, up 19.7% YoY; net cash from ops $1.1B; free cash flow $943M.
- Backlog $89.2B (+8% YoY); book-to-bill 1-to-1; strong Gulfstream order activity.
- Major awards: $1.6B in Virginia-class sub options, $620M Stryker upgrade, $435M IM-SHORAD.