GENERAL DYNAMICS CORP SEC 10-Q Report

General Dynamics Corp, a leading aerospace and defense company, has released its Form 10-Q report for the third quarter of 2025, showcasing robust financial and operational performance. The report highlights significant growth across various segments, driven by increased demand and strategic initiatives.

Financial Highlights

General Dynamics Corp reported impressive financial results for the third quarter of 2025:

• Total Revenue: $12,907 million, a 10.6% increase compared to the same period last year, driven by double-digit growth in the Aerospace and Marine Systems segments.
• Operating Earnings: $1,331 million, representing a 12.7% increase, with an operating margin of 10.3%, up from 10.1% in the prior year period.
• Net Earnings: $1,059 million, reflecting a 13.9% increase from the previous year, supported by strong performance in the Aerospace segment.
• Basic EPS: $3.93, up from $3.39 in the prior year, indicating improved profitability.
• Diluted EPS: $3.88, compared to $3.35 in the previous year, highlighting enhanced earnings per share performance.

Business Highlights

The company's operational performance was marked by significant achievements and strategic advancements:

• Revenue Segments: The Aerospace segment saw a significant increase in revenue due to additional G700 aircraft deliveries and increased customer demand for aircraft maintenance. The Marine Systems segment's revenue growth was driven by increased volume on Virginia-class and Columbia-class submarine construction. Combat Systems experienced growth in weapons systems and munitions revenue, while Technologies saw higher IT services volume.
• Sales Units: Gulfstream aircraft deliveries increased by 39.3% in the third quarter and 27.0% in the first nine months of 2025, reflecting strong demand for new aircraft models.
• New Product Launches: The Aerospace segment began deliveries of the new ultra-large-cabin G800, the world's longest-range business aircraft, and announced the all-new super-midsize G300 aircraft, which will replace the G280.
• Future Outlook - Aerospace: The Aerospace segment is expected to achieve approximately $13.2 billion in revenue for 2025, with an operating margin of around 13.3%.
• Future Outlook - Marine Systems: The Marine Systems segment is projected to reach approximately $16 billion in revenue for 2025, maintaining an operating margin of about 7%.
• Future Outlook - Combat Systems: The Combat Systems segment anticipates approximately $9.2 billion in revenue for 2025, with an operating margin of around 14.3%.
• Future Outlook - Technologies: The Technologies segment is expected to generate approximately $13.5 billion in revenue for 2025, with an operating margin of about 9.4%.

SEC Filing: GENERAL DYNAMICS CORP [ GD ] - 10-Q - Oct. 24, 2025