General Dynamics said revenue for Q2 2025 was $13,041 million, up 8.9% from the year-ago quarter, operating earnings were $1,305 million, up 12.9%, and diluted EPS was $3.74, up 14.7%.

1. 01

   General Dynamics said revenue for Q2 2025 was $13,041 million, up 8.9% from the year-ago quarter, operating earnings were $1,305 million, up 12.9%, and diluted EPS was $3.74, up 14.7%.

2. 02

   The company said Marine Systems revenue for Q2 was $4,220 million, up 22.2%, Aerospace operating earnings were $403 million, up 26.3%, and Combat Systems revenue was $2,283 million, down 0.2%.

3. 03

   General Dynamics said net cash provided by operating activities for Q2 was $1.6 billion, or 158% of net earnings, and it paid $402 million in dividends, invested $198 million in capital expenditures and reduced total debt by $897 million.

4. 04

   The company said orders for Q2 totaled $28.3 billion, the consolidated book-to-bill ratio was 2.2-to-1, backlog at the end of the quarter was $103.7 billion and total estimated contract value was $161.2 billion.

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Original filing

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