secwatch.observer — SEC 8-K summary
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Issuer:     GENERAL DYNAMICS CORP (GD)
CIK:        0000040533
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000040533-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

General Dynamics reports Q4 EPS $3.64, revenue $11.7B; full-year revenue up 7.3%
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- Q4 net earnings $1B, diluted EPS $3.64, revenue $11.7B (+7.5% YoY); highest quarterly EPS and revenue ever.
- Full-year 2023 net earnings $3.3B, diluted EPS $12.02, revenue $42.3B (+7.3% YoY).
- Record operating cash flow $4.7B (142% of net earnings); ended with $1.9B cash on hand.
- Backlog $93.6B, highest year-end; Aerospace backlog $20.5B, book-to-bill 1.2x for quarter and year.
- Reduced debt by $1.2B, paid $1.4B in dividends, repurchased $434M of shares in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40533/000004053324000004/0000040533-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40533/000004053324000004/gd-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000040533-24-000004

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