MAAT INDEX

CLAIM #25398 · GD (GD) · 2023Q3 earnings call · Oct 25, 2023 · due Dec 31, 2024

I don’t have any expectation that we’ll see any issues as we look ahead, even as the demand for their product, both domestically as well as internationally, continues to grow.

Jason Aiken · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
I don't have any expectation that we'll see any issues as we look ahead, even as the demand for their product, both domestically as well as internationally, continues to grow.
Reported
Combat saw robust order intake over the course of the year, resulting in a book-to-bill of 1.3:1. Orders came from across the portfolio with notable awards in munitions and international vehicle programs.

In context

on. Operator: Excellent, thank you. We will take our final question from Ron Epstein with Bank of America. Your line is open. Ron Epstein: Hey, good morning. Jason Aiken: Morning Ron. Ron Epstein: Maybe just two. On land systems, given truly the surge in demand relative to where everybody thought it would be, from a capacity point of view, from a labor point of view, how are you guys set up there to handle it all? Jason Aiken: You know, I have to give a hand to the guys in the combat systems group in general, and land systems specifically. You’ve really not heard us talk about supply chain bottlenecks, labor capacity or other issues in that group, and that does not mean they have not faced them, they are just--they stand out amongst even a spectacular crowd in the way they’ve handled it. I don’t have any expectation that we’ll see any issues as we look ahead, even as the demand for their product, both domestically as well as internationally, continues to grow. Ron Epstein: Then maybe just changing gears a bit, nobody really asked a heck of a lot about GDIT. Jason Aiken: Thank you for that - finally! Ron Epstein: Let’s talk about that, it’s a big piece of the company, right? You know a lot about it in particular. When we think about a path to double-digit margins, how do we get there, and then maybe from an operational point of view, why does not integrating mission and GDIT together kind of make sense, because there’s this bigger demand for software-driven solutions and software and hardware, and you’re seeing this synergy coming out particularly with the application of AI to legacy systems, and so on and so forth. Jason Aiken: On the margin side, just to be clear, as I think about double-digit margin for the group, not specifically GDIT - i

Verify independently

SEC filings for GD · Claim quote is verbatim from the 2023Q3 earnings call.