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CLAIM #25505 · GD (GD) · 2024Q2 earnings call · Jul 24, 2024 · due Oct 31, 2024

It is, and we ought to fly very soon.

Phebe Novakovic · CEO

PENDING
graded after results covering Oct 31, 2024 are reported

In context

ust volatility in the world. Just your thoughts on just bookings for the year? Thanks. Phebe Novakovic: So we tried to give you some color around that. In the remarks, I'd say that we typically see in any U.S. presidential election, a slowdown around the election. And I think this won't be any different. But we do expect, as I noted in my remarks, a more robust fourth quarter because we've got the expiration of the accelerated depreciation. And the pipeline is quite good. And I gave you also some color around the geographical distribution there. So all in all, there's quite a bit of interest in our airplanes. Peter Arment: That's great to hear. Just as a quick follow-up. Just your latest thoughts on just the G400. Is that still tracking to meet your kind of original plan? Phebe Novakovic: It is, and we ought to fly very soon. Operator: We'll go next to Robert Spingarn at Melius Research. Robert Spingarn: Hey, good morning. Phebe Novakovic: Good morning. Robert Spingarn: Phebe, maybe sort of a two-parter on Marine. I wanted to ask you, first, with the recent supplemental, there was money, a little over $3 billion to help support the submarine industrial base. And you did mention last time that there were a few sole-source suppliers of complex components that were causing some of the delays. So wondering if that money has gotten to them and is resolving the issue or if you had to qualify alternate sources? And then the longer-term question is, a decade ago or maybe a little bit longer, Marine was a 10% type margin business. And given the supply chain issues, the impact to the shipbuilding workforce in the afterm

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SEC filings for GD · Claim quote is verbatim from the 2024Q2 earnings call.