General Dynamics (GD) Tops Q1 EPS by 10c; Highest Aerospace Backlog in a Decade

Go back to General Dynamics (GD) Tops Q1 EPS by 10c; Highest Aerospace Backlog in a Decade

General Dynamics Reports First-Quarter 2022 Financial Results

April 27, 2022 7:00 AM EDT

Net earnings of $730 million on revenue of $9.4 billionDiluted EPS of $2.61, up 5.2% year over yearCash from operating activities of $2 billionHighest Aerospace backlog in more than a decade

RESTON, Va., April 27, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported first-quarter 2022 net earnings of $730 million on revenue of $9.4 billion. Diluted earnings per share (EPS) were $2.61, a 5.2% increase from the year-ago quarter.

"Aerospace backlog grew for the fifth consecutive quarter, driven by continued strong Gulfstream demand, while... More