Slide 1: Third-Quarter 2024 Highlights and Outlook Update
Third-Quarter 2024 Highlights and Outlook Update October 23, 2024
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: Third-Quarter 2024 Financial Highlights
Third-Quarter 2024 Financial Highlights $ In Millions, Except EPS Third Quarter 2024 2023 3Q24 vs. 3Q23 Revenue $ 11,671 $ 10,571 10.4% Operating Earnings 1,181 1,057 11.7% Operating Margin 10.1% 10.0% 10 bps Net Earnings 930 836 11.2% EPS, Diluted 3.35 3.04 10.2% Cash From Operations $ 1,416 $ 1,32
Slide 4: Aerospace – Third-Quarter 2024 Highlights
Aerospace – Third-Quarter 2024 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions 13.2% $20.5 $20.5 12.3% $20.1 $20.0 $19.8 $2,482 $2,032 $3.2 $2.9 $305 $2.4 $2.7 $2.4 $268 3Q23 3Q24 3Q23 3Q24 3Q23 4Q23 1Q24 2Q24 3Q24 • Compl
Slide 5: Combat Systems – Third-Quarter 2024 Highlights
Combat Systems – Third-Quarter 2024 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions 14.7% $18.0 $16.7 13.5% $15.6 $2,224 $2,212 $15.1 $14.5 $325 $3.3 $3.4 $3.3 $300 $2.3 $1.6 3Q23 3Q24 3Q23 3Q24 3Q23 4Q23 1Q24 2Q24 3Q24 •
Slide 6: Marine Systems – Third-Quarter 2024 Highlights
Marine Systems – Third-Quarter 2024 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Orders $ In Millions $ In Billions $47.7 7.2% $45.9 $3,599 7.0% $44.1 $41.3 $40.5 $3,002 $7.0 $258 $211 $2.7 $1.6 $1.6 $0.7 3Q23 3Q24 3Q23 3Q24 3Q23 4Q23 1Q24 2Q24 3Q24 • Qu
Slide 7: Technologies – Third-Quarter 2024 Highlights
Technologies – Third-Quarter 2024 Highlights Revenue Operating Earnings and Total Backlog and $ In Millions Operating Margin Total Estimated Contract Value $ In Millions $ In Billions 9.7% 9.5% $42.7 $3,313 $3,378 $40.0 $40.8 $41.5 $41.5 $315 $326 $14.4 $12.7 $12.7 $13.5 $13.2 3Q23 3Q24 3Q23 3Q24 3Q
Slide 8: 2024 Financial Guidance Comparisons
2024 Financial Guidance Comparisons 2023 Actual July 2024 Guidance October 2024 Guidance EPS, diluted $12.02 $14.40 – 14.50 ≈$14.00 Operating Operating Operating Revenue ($B) Revenue ($B) Revenue ($B) Margin Margin Margin $8.6 ≈ $12.7 ≈ $12.3 Aerospace 13.7% ≈ 14.0% ≈ 13.2% 111 deliveries ≈ 160 deli
Slide 9: General Dynamics
GENERAL DYNAMICS