General Dynamics Q4 net earnings $952M, diluted EPS $3.39; full-year revenue $38.5B

GENERAL DYNAMICS CORP

2021-FY EPS reported $11.55 revenue$38,469,000,000

Q4 net earnings $952M ($3.39 diluted EPS) on $10.3B revenue; full-year net earnings $3.3B ($11.55 EPS) on $38.5B revenue.
Defense segments delivered record revenue and operating earnings for the year.
Operating cash flow record $4.3B (131% of net earnings); debt reduced $1.5B; $1.8B in share repurchases.
Aerospace backlog grew 40% YoY to $16.3B; Gulfstream orders strongest since 2008.
Consolidated backlog $87.6B; total estimated contract value $127.5B at year end.

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