CLAIM #25625 · GD (GD) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025
“I think pretty consistent. We'll have some mixed changes quarter-over-quarter like we typically do, but pretty consistent. And we're sticking with our with the estimate that we gave you on the last call.”
Phebe Novakovic · CEO
In context
“real market changer for the last 12, 15 years. But demand remains good, the deliveries are on cadence, largely on cadence but again we still have some perturbations from the supply chain but we'll hopefully get some of those behind us as supply chain more fully recovers. I hope that answers your question. Operator: Next, we'll move to Ken Herbert at RBC Capital Markets. Ken Herbert: Hi Phebe and everybody, good morning. Phebe Novakovic: Good morning. Ken Herbert: Nice Gulfstream deliveries in the first quarter. Phebe, sounds like supply chain is getting better. Sounds like maybe there's some incremental upside to full year expectations. But can you provide any commentary on cadence of deliveries as we think about second quarter and second half of the year from Gulfstream? Phebe Novakovic: I think pretty consistent. We'll have some mixed changes quarter-over-quarter like we typically do, but pretty consistent. And we're sticking with our with the estimate that we gave you on the last call. As you all know, we never I think once in the last 12, 13 years have we once or twice have we ever updated in the second quarter or in the first quarter. We always wait till the second quarter. So we'll give you more clarity to the extent that there are any changes in that second quarter update. Ken Herbert: Okay, great. And just as a follow up, you called out Middle East good order activity there. Are you seeing anything else geographically? Maybe any areas of softness or anything else that sticks out in terms of customer activity on Gulfstream? Phebe Novakovic: Pretty much consistent with what we've seen recently. The U.S. is strong and Middle East is strong. So, so far I haven't seen any systemic changes here. Operator: We'll move next to Scott Mikus at Melius Research. Scott Mikus: Mo”
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SEC filings for GD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.