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General Dynamics(GD) - 2025 Q2 - Earnings Call Presentation

Second-Quarter 2025 Financial Performance - The company reported second-quarter revenue of $13,304 million [6], representing a 9% increase compared to $11,968 million in the second quarter of 2024 [6] - Second-quarter earnings were $1,305 million [6], a 29% increase from $1,014 million in the same period last year [6] - Second-quarter diluted EPS was $340 [6], up 26% from $270 in 2024 [6] First-Half 2025 Financial Performance - First-half revenue reached $26,422 million [8], a 113% increase compared to $22,707 million in the first half of 2024 [8] - First-half earnings were $2,573 million [8], a 18% increase from $2,174 million in the same period last year [8] - First-half diluted EPS was $740 [8], up 25% from $614 in 2024 [8] Aerospace Segment - Aerospace revenue increased by 4%, reaching $3,062 million [10] compared to $2,940 million in the second quarter of 2024 [10] - Aerospace operating earnings increased by 26%, reaching $403 million [10] compared to $319 million in the second quarter of 2024 [10] - Aerospace backlog reached $199 billion [10] driven by orders of $4 billion [11] Marine Systems Segment - Marine Systems revenue increased by 22%, reaching $4,220 million [16] compared to $3,453 million in the second quarter of 2024 [16] - Marine Systems backlog reached a record $53 billion [17], including over $18 billion in awards [17]