Sign In
Search
Business/Financial

Shipbuilding Leads GD To Solid Fourth Quarter In Finish To Strong Year

Cal Biesecker By
SHARE:
Shipbuilding Leads GD To Solid Fourth Quarter In Finish To Strong Year
Virginia-class submarine. Photo: General Dynamics

Led by its shipbuilding segment, General Dynamics [GD] on Wednesday posted solid fourth quarter results to cap off a strong fiscal year. Net income in the quarter was flat at $1.1 billion and earnings per share (EPS) of $4.17 were two cents higher than a year ago due to a lower outstanding share count. The results beat consensus estimates by a nickel. Sales increased 8 percent to $14.4 billion from $13.3 billion a year ago. GD’s Marine Systems segment had…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Shield AI Raises $2 Billion; Acquiring Software Simulation Company Aechelon To Strengthen AI Pilot

Business/Financial

Rocket Lab Gets German Approval To Acquire Mynaric

Business/Financial

Red Cat Adds Swarming Autonomy Developer Apium To Portfolio

Business/Financial

DoD In New Framework Deals To Speed Production Of PrSM, THAAD Seekers, Various Subsystems

Trending

Hanwha Plans Alabama Site To Support U.S. Production Of K9MH Howitzer It’s Offering To U.S. Army
Navy Issues RFP For T-45 Trainer Aircraft Replacement
More Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says
Rocket Lab Gets German Approval To Acquire Mynaric
Autonomous Vessel Developer Saronic Raises $1.8 Billion To Accelerate Production, Add Capacity

Congress Updates

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume