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General Dynamics (NYSE: GD) has presented its first quarter 2024 results and reported that revenue and net earnings grew 8.6 percent and 9.5 percent year-over-year to $10.7 billion and $799 million. The company said Wednesday its operating earnings reached $1 billion, or 10.4 percent higher from a year ago, while company-wide backlog went up 4.4...

General Dynamics (NYSE: GD) has reported fourth-quarter revenue of $11.7 billion, a 7.5 percent increase over the same period a year ago and disclosed quarterly net earnings of $1 billion and diluted earnings per share of $3.64. An earnings statement published Wednesday states that General Dynamics' aerospace segment obtained orders worth $3.2 ...

Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has been elected to serve as chair of the Aerospace Industries Association’s board of governors for 2024. Colbert, who also serves as an executive vice president at Boeing, succeeds Tom Gentile as chairman and will serve on the association’s exe...

The shares of General Dynamics (NYSE: GD) popped 4.03 percent to $242.40 on mid-week after the company reported a 6 percent year-over-year revenue growth in the third quarter of 2023 to $10.6 billion versus Q3 2022. Another business highlight was the $95.6 billion company-wide backlog, the highest ever in the defense contractor’s history. Net earn...

General Dynamics (NYSE: GD) saw its revenue increase 10.5 percent year-over-year to $10.2 billion during the second quarter of fiscal 2023 and reported net earnings of $744 million and $2.70 in diluted earnings per share. The Reston, Virginia-based defense and aerospace contractor said Wednesday it achieved a record-high backlog of $91.4 billion wit...

Charles Hooper, a retired U.S. Army lieutenant general and former director of the Defense Security Cooperation Agency, has joined the board of directors at General Dynamics (NYSE: GD). “Hooper’s wealth of experience will help us continue to meet our customers’ needs, both in the U.S. and with our U.S. allies,” Phebe Novakovic, CE...

After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...

General Dynamics (NYSE: GD) reported $9.9 billion in revenue during the first quarter of 2023, up 5.2 percent from the prior-year period, and ended the quarter with a total backlog of $89.8 billion, of which $77.1 billion was funded. The Reston, Virginia-based defense contractor said Wednesday the companywide backlog represented a 3 percent increase...

Executive Mosaic is honored to introduce Phebe Novakovic, chairman and CEO of General Dynamics, as a winner of the 2023 Wash100 Award for leading the company to record-high backlog and strong order activity and overseeing efforts to meet the needs of defense customers amid the rapidly changing threat environment. This recognition marks her ninth Was...

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