CLAIM #25628 · GD (GD) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025
“So we're continuing to improve G700 margins.”
Phebe Novakovic · CEO
In context
“d other things that sort of extend that order cadence beyond what would be a regular order. So while this is something we're tracking and it's something everybody is talking about, I don't necessarily think it's something aberrationally different than what we've been used to dealing with in the past. And so we'll just have to see how it plays out as we go forward. Operator: We'll take our next question from Sheila Kahyaoglu at Jefferies. Sheila Kahyaoglu: Good morning, Phebe or Kim, maybe two follow-ups, if I can, both on margins, one on Aerospace and one on Marine. On aerospace, can you just update us on how we think about the last 650 being delivered in this quarter as the G800 grams [ph] and how we think about the different box with G700 aggressing throughout the year? Phebe Novakovic: So we're continuing to improve G700 margins. We are not, however, at what I would call a normal cadence yet. And so once we hit that, then we will begin to progress margins even further. The 650 will deliver at high margins and the 800 will come in at higher margins than the 700 because it's not carrying as much burden as the 700 for a slot of 700. So these are all, I think, beneficial to us. And you had a question on the Marine margins? Sheila Kahyaoglu: Yes, please. I just thought your prepared remarks mentioned the government and working with them a lot more. So I was wondering over the last quarter or two, what's really changed, whether it was the higher in cadence, the investment required from GD or is the government customer working closer with you to support the marine build-out. Phebe Novakovic: I'd say there's a step-up in”
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SEC filings for GD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.