General Dynamics Corporation (GD) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the General Dynamics 4th Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star key followed by the number 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Please note, this event is being recorded. I would now like to turn the conference over to Nicole Shelton, Vice President of Investor Relations. Please go ahead. Thank you, Operator, and good morning, everyone. Welcome to the General Dynamics fourth quarter 2025 conference call. Any forward-looking statements made today represent our estimates regarding the company's outlook. These estimates are subject to some risks and uncertainties. Additional information regarding these factors is contained in the company's 10-K, 10-Q, and 8-K filings. We will also refer to certain non-GAAP financial measures. For additional disclosures about these non-GAAP measures, including reconciliations to comparable GAAP measures, please see the slides that accompany this webcast, which are available on the investor relations page of our website, investorrelations.gd.com. On the call today are Phoebe Novakovic, Chairman and Chief Executive Officer, Danny Deeb, President, and Kim Correa, Chief Financial Officer. I will now turn the call over to Phoebe. Thank you, Nicole. Good morning everyone and thanks for being with us. Earlier this morning we reported fourth quarter earnings of $4.17 per diluted share on revenue of $14,379,000,000 operating earnings of $1,452,000,000 and net earnings of $1,143,000,000. To briefly summarize on a quarter over quarter basis Revenue is up 7.8%, and operati...