General Dynamics Corp (NYSE: GD) Q2 2019 Earnings Call Jul 24, 2019, 9:00 a.m. So there's no fundamental change in how we see our business across our portfolios. So I very much like where this business is. General Dynamics Corp (GD) Q3 2018 Earnings Conference Call Transcript | Nasdaq … So that tells me that all of the growth that's embedded in those current budget numbers and future year budget numbers within the Department of the navy are going to be able to be capitalized by us and nice, nice top-line growth. Call Participants. Contents: Prepared Remarks. And then as I noted, we continue to work on margin expansion. Executives. We're sticking to our operations, doing what we do best. Motley Fool Transcribers The Motley Fool Published. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. Ladies and gentlemen, I'll turn the call back over to Mr. Rubel. Robert Spingarn -- Credit Suisse -- Analyst. Rule … Rocco, would you please remind participants how to enter the queue? Call Participants. Is that deliveries you planned to do that you didn't do? On a sequential basis, this is an operating earnings improvement of $124 million driven by a 620 basis point improvement in operating margins. So with that as a backdrop, we continue to target free cash flow for the year to be in the 80% to 85% of net income range. Do you think that there are any holes in the portfolio right now that you need to fill? But where we have opportunities to augment that value creation through partnerships across the units, we've done so. But let me just give you some idea of what's going on, on the order front at GDIT. And so I think that that's an important indicator of this business on a going-forward basis. Our European land systems business had a particularly strong order book in the quarter, and OTS has the largest total estimated contract value in their history. The G700 development continues to proceed at pace with the first three flight test airplanes accumulating 750 hours at the end of the quarter, reaching a speed of Mach 0.99 and climbing to an altitude of 54,000 feet. We ended the quarter with $1.5 billion of cash on the balance sheet and a net debt position of $11.9 billion, down almost $400 million from the second quarter. Return. Phebe, you mentioned earlier about leveraging the breadth of GD -- of the corporation for opportunities. 10/26/17. We lowered our production. 4 was the week of October 5 and No. So you're continuing to see each and every one of our businesses improve their bottom-line performance on the operating side. William A. Moss - General Dynamics Corp. Jason W. Aiken - General Dynamics Corp. Analysts. S&P. Jason Gursky - Citigroup Global Markets, Inc. Robert M. Spingarn - Credit Suisse Securities (NYSE:USA) LLC. Finally, we had previously forecast full-year deliveries for 2020 of 125 to 130. It's all going to be about performance, and their performance throughout testing has been outstanding. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Howard, that concludes my remarks. One, to better meet demand, but very importantly, to allow the supply chain to catch up. Ronald J. Epstein - Bank of America Merrill Lynch. So Cai, keep in mind, that's a cumulative number that's been building throughout the year. Was this expansion into new markets? Logo of jester cap with thought bubble. Was this share gains, new contract wins? I mean, is 100% conversion next year out of the question at this point? As Phebe talked about as well with some of that portfolio shaping, some of that is to get out of noncore businesses, and by association, in many cases, some less-than-desired margin businesses. GBX earnings call for the period ending November 30, 2020. In the first instance, it's the job of our shipyards to integrate those capabilities into the existing platforms. ET Contents: Prepared. I'm pretty intrigued by the margins given the COVID costs that you've outlined year to date. | Source: Seeking Alpha General Dynamics (GD) Q2 2020 Earnings Call Transcript July 30, 2020 | Price: Free! There will also be a modest reduction in midsized aircraft. From an order perspective, mission systems had a book-to-bill of 0.8 to 1 in the quarter. By Seeking Alpha. So I think the way to think about the future, and while this will be somewhat lumpy on a going-forward quarterly basis, the fact that 50% of our growth this year has been in Columbia I think is a nice indicator of what this is going to mean to us in the future. 114%. And missile fire control as well as assured position, navigation and timing. We have a good news story at aerospace this quarter across the board. As we discussed last quarter, we are working hard to protect our people. William A. Moss - General Dynamics Corp. Jason W. Aiken - General Dynamics Corp. Analysts. As you know, the G550 will go out of production next year, so there will be 13 fewer G550 deliveries. Please go ahead. And I would expect that performance to continue. First, we are, without question, the premier integrator of land combat systems worldwide. ET Contents: . General Dynamics CEO Discusses Q4 2010 Earnings Call Transcript Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. And our next question today comes from Robert Stallard with Vertical Research. As one would expect, revenue was down $330 million or 3.4% against the third quarter last year. General Dynamics is a global aerospace and defense company. And then the last one, Jason mentioned you had $400 million in advances COVID cares related and yet you advanced $1.7 billion to your supplier. 567%. Additional information regarding these factors is contained in the company's 10-K, 10-Q and 8-K filings. These third quarter submittals are additive to billions of dollars of prior proposal submissions awaiting customer decision. A couple of questions. In the meantime, our priority is to make sure that our supply chain which is we're all in a symbiotic relationship here, and what's good for one is good for the other. Executives. All earnings call transcripts on General Dynamics Corporation (GD) stock. And then just on GDIT, I think the traditional metric that folks look at to kind of understand growth is book-to-bill, and book-to-bill there for you all is OK. Is that expected to turn? I'll leave those for other folks. General Dynamics Q2 2020 Earnings Call Transcript Wednesday, 29 July 2020 zacks. Our effective tax rate for the quarter was 14.7%, bringing the rate for the first nine months to 15.2%. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. Returns as of 01/07/2021. What opportunity does that present for General Dynamics? Just any color you can provide on just how you're thinking about it right now. We have done some portfolio shaping at mission systems so we can concentrate on growing our nuclear triad lines of business, cyber defense, intel and assured navigation and positioning, all of which are critical capabilities that support U.S. defense strategy. So we are always looking for opportunities to improve and focus our activities, but really no comment in the moment. Well, I think ascribing motive to people is very difficult, but the high net worth individuals have always been an important part of our portfolio, and they remain that -- they remain so. General Dynamics Corporation's (GD) CEO Phebe Novakovic on Q3 2020 Results - Earnings Call Transcript SA Transcripts Oct. 28, 2020 3:12 PM ET 10 SaaS For 2021 And Beyond General Dynamics Corp (NYSE: GD) Q2 2019 Earnings Call Jul 24, 2019, 9:00 a.m. 7/27/17. The year-to-date figures show a 4.5% growth in revenue and a 2.8% growth in earnings, pretty impressive given the COVID-related problems which were incurred early in the year, particularly in Spain. General Dynamics (GD) reports earnings on 1/27/2021. As a reminder, we asked participants to ask one question and one follow up so that everyone has a chance to participate. Good morning and welcome to the General Dynamics Second Quarter 2019 Earnings Conference Call. From an order perspective, sales activity in the quarter was a quantum leap better than the second quarter. How much potentially could that conversion number bump up? [Operator instructions] Today's first question comes from Ron Epstein with BofA. It's really the 550 has gone away and we're not able in this demand environment to replace it with new airplanes -- with our new airplane models that we had anticipated. That has been an extraordinarily successful airplane and continues to endure and successfully endure. And the unwinding of that, those test aircraft as well as just the general inventory build into new aircraft models, is all going to be predicated on the macroeconomic recovery and when that production rate gets back into full stride and starts to unwind that. I think what you're looking at there is mostly a mix issue for that business. So I would imagine those continue to grow. So if they've got implicit receivables that are due 60 days from now and we're accelerating that to paying immediately, well, 60 days later, that payment was due. It is part of our continuing effort in the Marine group to improve operating margin to go with the very real growth in revenue over time. I'll start with some comments on our cash performance in the quarter and our latest thinking on how the year is shaping up. Read full article. AngioDynamics Inc (ANGO) Q2 2021 Earnings Call Transcript. Operator, we'll take one more question please. Volume: 52 Week High: 52 Week Low: Detailed Stock Information BlackBerry® Limited stock quote data provided is for … General Dynamics (GD) Q3 2020 Earnings Call Transcript GD earnings call for the period ending September 30, 2020. July 26, 2017 9:00 am ET. Before I address the company's quite good performance in the quarter, let me briefly update you on COVID-19's continuing impact. There's not an expectation that book-to-bill improves materially there? So as the economies recover with the diminution in infection rate, we'll see a pickup in all of that. Thanks for taking my question. However, total estimated contract value of $132 billion is down only $336 million against the end of the last quarter. It's sort of set on a path with timing to eventually unwind that working capital over the next three years. And that's all about productivity and efficiency at electric boat. GD earnings call for the period ending September 30, 2018. The G500 and G600 program is progressing quite nicely. General Dynamics (GD) Q3 2017 Results - Earnings Call Transcript. As I mentioned earlier, our net debt is down to just below $12 billion, and our interest expense in the quarter was $118 million versus $114 million in the third quarter of 2019. I talked about that in my remarks that I think there's a lot of uncertainty with respect to the economy, political uncertainty. General Dynamics Corp (NYSE: GD) Q3 2018 Earnings Conference Call Oct. 24, 2018 , 9:00 a.m. General Dynamics Corp (GD) Q1 2020 Earnings Call Transcript Yahoo 04/29 14:01 ET. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. OK. 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