CLAIM #25531 · GD (GD) · 2024Q2 earnings call · Jul 24, 2024 · due Dec 31, 2024
“repair continues to be pretty strong as the demand from the U.S. Navy is increasing.”
Phebe Novakovic · CEO
In context
“mes from Matt Akers at Wells Fargo. Matthew Akers: Hey, good morning. Thanks for the question. Phebe Novakovic: Good morning. Matthew Akers: There was a fire at the Camden, Arkansas facility. Can you guys comment if that was material at all and if that is back online at this point? Phebe Novakovic: Well, that was a tragedy for the individual, the family and for us. From a business perspective, it's a very small line. Matthew Akers: Got it. Thanks. And I guess if you could comment on maybe the outlook at NASSCO? Just between the repair work and you guys recently won the sub tender work there, just kind of how you see the outlook for that yard? Phebe Novakovic: So NASSCO learning and performance on the T-AO, the oiler is going quite well. We're delivering the seventh of the A-class ESB, and repair continues to be pretty strong as the demand from the U.S. Navy is increasing. Nicole Shelton: Thank you, everyone for joining our call today. As a reminder, please refer to the General Dynamics website for the second quarter earnings release and highlights presentation. If you have any additional questions, I can be reached at (703) 876-3152. Operator: This does conclude today's conference call. Thank you for your participation. You may now disconnect.”
Verify independently
SEC filings for GD ↗ · Claim quote is verbatim from the 2024Q2 earnings call.