earnings
confidence high
sentiment positive
materiality 0.75
General Dynamics Q2 revenue $14.1B (+8.1%), EPS $4.24 (+13.4%), orders $20B
GENERAL DYNAMICS CORP
- Revenue $14.1B (+8.1% YoY), diluted EPS $4.24 (+13.4% YoY), operating margin 10.4% (+40 bps).
- Cash from operations $1.9B (162% of net earnings); paid $429M dividends, reduced debt $498M.
- Orders $20B (defense $14.7B, aerospace $5.3B); book-to-bill 1.4x; backlog $136.5B.
- All four segments grew revenue; Aerospace and Marine Systems had double-digit growth and margin expansion.
- CEO Novakovic cited strong demand and investments to increase output.