Slide 1: First-Quarter 2025 Highlights
First-Quarter 2025 Highlights April 23, 2025
Slide 2: Forward-Looking Statements; Non-GAAP Measures
Forward-Looking Statements; Non-GAAP Measures This presentation contains forward-looking statements (FLS), including statements about the company’s future operational and financial performance, which are based on management’s expectations, estimates, projections and assumptions. Words such as “expec
Slide 3: First-Quarter 2025 Financial Highlights
First-Quarter 2025 Financial Highlights $ In Millions, Except EPS First Quarter 2025 2024 1Q25 vs. 1Q24 Revenue $ 12,223 $ 10,731 13.9% Operating Earnings 1,268 1,036 22.4% Operating Margin 10.4% 9.7% 70 bps Net Earnings 994 799 24.4% EPS, Diluted 3.66 2.88 27.1% Total Estimated Contract Value * 141
Slide 4: Aerospace – First-Quarter 2025 Highlights
Aerospace – First-Quarter 2025 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions 14.3% $20.5 $20.0 $19.8 $19.7 $19.0 12.2% $3,026 $432 $3.8 $2,084 $2.4 $2.7 $2.4 $2.4 $255 1Q24 1Q25 1Q24 1Q25 1Q24 2Q24 3Q24 4Q24 1Q25 • Quart
Slide 5: Combat Systems – First-Quarter 2025 Highlights
Combat Systems – First-Quarter 2025 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions $18.0 $16.7 $17.0 $16.9 13.4% 13.4% $15.6 $2,176 $2,102 $3.3 $3.4 $3.3 $282 $291 $1.9 $2.0 1Q24 1Q25 1Q24 1Q25 1Q24 2Q24 3Q24 4Q24 1Q25 •
Slide 6: Marine Systems – First-Quarter 2025 Highlights
Marine Systems – First-Quarter 2025 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions $44.1 $41.3 7.0% 7.0% $40.5 $39.8 $38.4 $3,589 $3,331 $250 $3.3 $232 $2.7 $2.1 $1.6 $0.7 1Q24 1Q25 1Q24 1Q25 1Q24 2Q24 3Q24 4Q24 1Q25 • Qu
Slide 7: Technologies – First-Quarter 2025 Highlights
Technologies – First-Quarter 2025 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Total Estimated Contract Value $ In Millions $ In Billions 9.6% $48.1 $47.0 9.2% $42.7 $41.5 $41.5 $3,432 $3,214 $328 $14.4 $14.1 $14.4 $295 $13.5 $13.2 1Q24 1Q25 1Q24 1Q25 1Q
Slide 8: General Dynamics
GENERAL DYNAMICS