MAAT INDEX

CLAIM #25512 · GD (GD) · 2024Q2 earnings call · Jul 24, 2024 · due Dec 31, 2025

Yes. So the Lot 1 consisted of about 20 or so airplanes. All five are test airplanes, they'll deliver next year.

Phebe Novakovic · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

r fair share. So we believe that over time, that will continue as it has in the last couple of years drive services growth and frankly, at Mission Systems as well. So I think technology is positioned for a nice steady slow growth, which is exactly what we have promised in the past and what we're delivering. So pretty steady. Operator: We'll go next to George Shapiro at Shapiro Research. George Shapiro: Yes. Good morning. Phebe Novakovic: Hi, George. George Shapiro: Phebe, I just wanted some clarification. You had said that the pretty much all the costs were, incorporated yet you delivered 11, five you said won't be delivered until next year, but there's still four left. Is that the four that you just delivered in the first week or so of the second -- of the third quarter? Phebe Novakovic: Yes. So the Lot 1 consisted of about 20 or so airplanes. All five are test airplanes, they'll deliver next year. But this year, the Lot 1 costs are going to be behind us imminently. We've delivered one of the four. And I tried to give you some color on the delivery process. And the other three imminent here. So I think we're in pretty good shape on that. Does that help you? George Shapiro: Yes, that helps. And then just a quick follow-up on the usual question. If I look at the gross bookings versus the net bookings from your backlog, it's like a $171 million difference. Was that just forfeiture cancellation, currency-related? Do you have any comments on that? Phebe Novakovic: Nothing that I can put my finger on, to be quite honest, in the moment. George Shapiro: Okay. And one last one and aftermarket growth in the quarter at Gulfstream? Phebe Novakovic: Pretty good for us. The service business, and

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