AI English summary of an SEC filing — figures as filed

General Dynamics said revenue for Q1 2024 rose 8.6% year over year to $10.7 billion, operating earnings rose 10.4% to $1 billion, and diluted earnings per share were $2.88.

8-KResults of Operations and Financial ConditionFiled Apr 24, 2024Period of report Apr 24, 2024Summary published (UTC) Oct 21, 2026

Key points

AI summary

General Dynamics said revenue for Q1 2024 rose 8.6% year over year to $10.7 billion, operating earnings rose 10.4% to $1 billion, and diluted earnings per share were $2.88.
The company reported that for Q1, Combat Systems revenue rose 19.7%, Marine Systems rose 11.3%, and Aerospace rose 10.1%, while Technologies fell 0.8%.
General Dynamics said it used $278 million of net cash in operating activities in Q1, citing growth in operating working capital in the Aerospace and defense segments. It said it invested $159 million in capital expenditures, paid $361 million in dividends and spent $105 million on share repurchases over the same period.
The company said total backlog at the end of Q1 was $93.7 billion, up 4.4% from the year-ago quarter, and total estimated contract value was $134 billion. Aerospace orders for Q1 totaled $2.4 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

General Dynamics Q1 Revenue $10.7 billion, Operating Earnings $1 billion

General Dynamics said revenue for Q1 2024 rose 8.6% year over year to $10.7 billion, operating earnings rose 10.4% to $1 billion, and diluted earnings per share were $2.88.

Source · Based on the filing body and exhibits

Segment Revenue: Combat Systems Up 19.7%, Technologies Down 0.8%

The company reported that for Q1, Combat Systems revenue rose 19.7%, Marine Systems rose 11.3%, and Aerospace rose 10.1%, while Technologies fell 0.8%.

Source · Based on the filing body and exhibits

Operating Cash Flow Used $278 million in Q1

General Dynamics said it used $278 million of net cash in operating activities in Q1, citing growth in operating working capital in the Aerospace and defense segments. It said it invested $159 million in capital expenditures, paid $361 million in dividends and spent $105 million on share repurchases over the same period.

Source · Based on the filing body and exhibits

Backlog $93.7 billion, Aerospace Orders $2.4 billion

The company said total backlog at the end of Q1 was $93.7 billion, up 4.4% from the year-ago quarter, and total estimated contract value was $134 billion. Aerospace orders for Q1 totaled $2.4 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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