MAAT INDEX

CLAIM #25563 · GD (GD) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2025

I'd say they are going to be kind of lumpy probably through next year and maybe even beyond.

Phebe Novakovic · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

a positive EAC you might have taken? And then looking to 2025, is the mid-6% margin, the right run rate that you're looking for now in that business? Phebe N. Novakovic: So this quarter, we had some strong performance out of NASCO. We had some good performance at Electric Boat. But that's going to, in this environment, vary quarter-by-quarter. So we anticipate some more supply chain impacts in the fourth quarter. And as we project next year, and I'll give you that clarity about in our regular order in January but as we project next year, the ability to continue to drive incremental margins in the short-term is just how fast we can take our pace down at cost and improve our productivity. So we'll work through all that with the shipyard and give you a sense of what we're seeing in margins. I'd say they are going to be kind of lumpy probably through next year and maybe even beyond. Myles Walton: Okay. And then one clarification. I know it's super granular and near term, so I apologize in advance. But in October to date, have you gotten more than one G7 out the door? Phebe N. Novakovic: Yes, I think I was -- yes, we have. And I think I've given you some pretty good clarity of what we expect for October. That's pretty much on schedule. And then November and December, I gave you that clarity as well. I'm trying to be as transparent with you all so that you can better understand where we anticipate and as you well know, you can follow some of that with publicly available data, which is directionally correct. Operator: We'll go next to David Strauss at Barclays. David Strauss: Thanks, good morning. Phebe, following up on the items that you highlight in terms of what's im

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SEC filings for GD · Claim quote is verbatim from the 2024Q3 earnings call.