AEROSPACE MARINE SYSTEMS COMBAT SYSTEMS TECHNOLOGIES GENERAL DYNAMICS Second-Quarter 2022 Highlights and 2022 Outlook July 27, 2022 Forward-Looking Statements; Non-GAAP Measures Certain statements in this presentation, including any statements about the company's future operational and financial performance, may constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "expects," "anticipates," "plans," "believes," "forecas ...

General Dynamics Corporation (NYSE:GD) Q1 2022 Earnings Conference Call April 27, 2022 9:00 AM ET Company Participants Howard Rubel - Vice President, Investor Relations Phebe Novakovic - Chairman and Chief Executive Officer Jason Aiken - Senior Vice President and Chief Financial Officer Conference Call Participants Mariana Perez Mora - Bank of America Myles Walton - UBS David Strauss - Barclays Seth Seifman - JPMorgan Robert Stallard - Vertical Research Robert Spingarn - Melius Research Doug Harned - Bernst ...

AEROSPACE MARINE SYSTEMS COMBAT SYSTEMS TECHNOLOGIES First-Quarter 2022 Highlights April 27, 2022 Forward-Looking Statements; Non-GAAP Measures Certain statements in this presentation, including any statements about the company's future operational and financial performance, may constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "expects," "anticipates," "plans," "believes," "forecasts," "scheduled," "outlook," "esti ...

General Dynamics Corporation Conference Call Summary Company Overview - **Company**: General Dynamics Corporation (NYSE: GD) - **Date**: March 16, 2022 - **Participants**: Phebe Novakovic (CEO), Jason Aiken (CFO), Howard Rubel (Investor Relations) Key Industry Insights Aerospace Segment - **Demand Environment**: Strong growth observed in Gulfstream, driven by new technologically advanced airplanes, increased global wealth, dissatisfaction with commercial airlines, and fleet replenishment by Fortune 500 companies [5][8] - **Production Plans**: Projected production of 148 new airplanes in 2023, increasing to 170 in 2024, supported by demand and manufacturing efficiency [8] - **Profitability Outlook**: Margins expected to improve from under 13% to mid-teens, driven by increased volume, manufacturing efficiency, and pricing, though offset by R&D spending and service volume changes [9][10] - **Impact of Sanctions**: Gulfstream's exposure to Russia is manageable, with only 5% of total backlog affected by sanctions [12] - **Supply Chain Challenges**: Skilled labor shortages and increased costs noted, but supply chain management is robust [14] Combat Systems - **European Defense Spending**: Increased defense spending anticipated in Europe due to the threat perception from Eastern Europe, with demand for European land systems expected to rise [26] - **Domestic Programs**: Strong support for key programs like Stryker and Abrams, with increased demand signals noted [28] - **International Programs**: Various international contracts are maturing, with some ramping up production, indicating a stable outlook for international business [30] Marine Systems - **Columbia Submarine Program**: Construction is progressing well, with 20% completion on the first submarine and key milestones expected in 2024 [36] - **Virginia Class Submarines**: Discussions ongoing with the Navy regarding potential production increases, but no immediate plans for a third Virginia submarine [38] Technologies Segment - **Market Dynamics**: Differentiation between products and services, with product growth expected to drive overall defense business growth [42] - **Mission Systems Growth**: Anticipated low single-digit growth driven by marine, Navy, and satellite work [46] Financial Performance and Strategy - **Cash Conversion**: Company aims to maintain over 100% cash conversion for the foreseeable future [49] - **Shareholder Value**: Continued focus on dividends, debt reduction, and opportunistic stock repurchases [50] - **M&A Strategy**: No immediate plans for acquisitions, with a focus on maintaining a strong portfolio [52] ESG Considerations - **Defense Industry Role**: Emphasis on the necessity of the defense industry in deterring threats, particularly highlighted by recent global events [56] - **Sustainability Initiatives**: Gulfstream's investment in efficient, greener aircraft and sustainable fuel usage noted as part of their commitment to environmental responsibility [60] Market Conditions - **Inflation and Interest Rates**: Company is monitoring inflation and interest rates, with strategies in place to manage potential impacts through price increases and escalation clauses in contracts [71] - **Oil Prices Impact**: No significant impact from higher oil prices observed on Gulfstream's business [73] Conclusion General Dynamics Corporation is positioned for growth across its segments, with strong demand in aerospace, defense, and marine systems. The company is managing supply chain challenges and inflation while maintaining a focus on shareholder value and sustainability initiatives.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [☑] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Address of principal executive of ices Zip code For the fiscal year ended December 31, 2021 OR [☐] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-3671 GENERAL DYNAMICS CORPORATION (Exact name of registrant as spec ...

General Dynamics Corporation (NYSE:GD) Q4 2021 Earnings Conference Call January 26, 2022 9:00 AM ET Company Participants Howard Rubel - Vice President of Investor Relations Phebe Novakovic - Chairman and Chief Executive Officer Jason Aiken - CFO Conference Call Participants Ron Epstein - Bank of America Cai von Rumohr - Cowen and Company George Shapiro - Shapiro Research Myles Walton - UBS Robert Stallard - Vertical Research Robert Spingarn - Melius Research Douglas Harned - Sanford C. Bernstein & Company S ...

AEROSPACE MARINE SYSTEMS COMBAT SYSTEMS TECHNOLOGIES Fourth-Quarter and Full-Year 2021 Highlights January 26, 2022 Forward-Looking Statements; Non-GAAP Measures This presentation contains information about the company's expectations of future performance, including future financial or operating performance. This information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and is identified by words such as "forecast" or "outlook ...

AEROSPACE MARINE SYSTEMS COMBAT SYSTEMS TECHNOLOGIES GENERAL DYNAMICS Third-Quarter 2021 Highlights October 27, 2021 Forward-Looking Statements; Non-GAAP Measures This presentation contains information about the company's expectations of future performance, including future financial or operating performance. This information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and is identified by words such as "forecast" or "outlo ...

AEROSPACE AEROSPACE MARINE SYSTEMS COMBAT SYSTEMS TECHNOLOGIES 1 | --- | --- | --- | |-------|--------------------------------|-------| | | | | | | | | | | Second-Quarter 2021 Highlights | | | | and 2021 Outlook | | | | July 28, 2021 | | Forward-Looking Statements This presentation contains information about the company's expectations of future performance, including future financial or operating performance. This information constitutes "forward-looking statements" within the meaning of the Private Securit ...

General Dynamics Corporation (NYSE:GD) Q2 2021 Earnings Conference Call July 28, 2021 9:00 AM ET Company Participants Howard Rubel - Vice President of Investor Relations Phebe Novakovic - Chairman & Chief Executive Officer Jason Aiken - Senior Vice President & Chief Financial Officer Conference Call Participants Peter Arment - Baird Seth Seifman - JPMorgan Kristine Liwag - Morgan Stanley Operator Good morning, and welcome to the General Dynamics Second Quarter 2021 Earnings Conference Call. All participants ...