CLAIM #25589 · GD (GD) · 2024Q4 earnings call · Jan 29, 2025 · due Dec 31, 2025
“Within the group, GDIT will be up low single digits and Mission Systems will be slightly down less than 0.5%.”
Phebe Novakovic · CEO
In context
“ker in the second and third quarters, followed by a strong fourth quarter. Given the delivery challenges we have had with the G700s in 2024, we have taken a less aggressive planning posture in 2025. In Combat Systems, we expect revenue to be up slightly to about $9.1 billion, coupled with a 30 basis point improvement in operating margin of 14.5%. This should lead to improved earnings 3.5% to 4% better than in 2024. As I noted earlier, the Marine Group has been on a remarkable growth journey. It will continue in 2025, albeit at a slightly lower rate. Our outlook for this year anticipates revenue of around $15 billion with operating margin improvement to 6.8%, which should result in 10% or better improvement in earnings in 2025. In Technologies, 2025 revenue is expected to be $13.5 billion. Within the group, GDIT will be up low single digits and Mission Systems will be slightly down less than 0.5%. Operating margins are expected to decrease about 40 basis points to about 9.2%. We continue to see long-term single-digit growth from the group and continued industry-leading margins. So for 2025 company-wide, we expect to see revenue of approximately $50.3 billion, an increase of around 5.5%. We anticipate margin of 10.3%, up 20 basis points from 2024. All of this rolls up to a EPS forecast around $14.80 with a reasonable range of $14.75 to $14.85. None of this contemplates or includes the use of capital for share repurchases. On a quarter basis, if one were to assume an average of $3.70 per quarter, the first quarter would be off $0.20, the second quarter of $0.40, the third quarter right on the number and the fourth, up $0.60. To wrap up, as we go into 2025, we feel very good about our”
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SEC filings for GD ↗ · Claim quote is verbatim from the 2024Q4 earnings call.