GD - Defense Company General Dynamics Stock Soars Clocks Q3 Combat Systems Growth Record Backlog | Benzinga
General Dynamics Corp (NYSE: GD) reported third-quarter FY23 revenue growth of 6% year-over-year to $10.57 billion, beating the consensus of $10.04 billion. EPS of $3.04 (-6.7% Y/Y) beat the consensus of $2.91.
Operating earnings fell 3.7% Y/Y to $1.06 billion, and the margin contracted by 100 bps to 10%.
Revenue by segments: Aerospace $2.03 billion (-13.4% Y/Y), Marine Systems $3 billion (+8.4% Y/Y), Combat Systems $2.22 billion (+24.4% ...