CLAIM #25632 · GD (GD) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025
“And so I would say that we will likely have slightly more interest expense predicted for the rest of the year.”
Kimberly Kuryea · CFO
In context
“be offsets some of the goodness from -- from share repo or how do I guess, how do those two things kind of net out? And then, Phebe, I think you've said over time that you're typically opportunistic on share repo and this was, a bigger quarter than we're used to seeing and so, what was kind of the thought process around that? Kim Kuryea: Sure. I'll start with -- just to clarify, I didn't necessarily say we were waiting. We're just watching what's happening in the market in terms of the rates related to the refinancing of the debt. So just wanted to clarify on that. And as you stated, we did have significant share repurchase in the first quarter, and we continue to look at share repurchase throughout the rest of the year, depending on the facts and circumstances as they present themselves. And so I would say that we will likely have slightly more interest expense predicted for the rest of the year. Phebe Novakovic: And I would say, too, our general attitude about capital deployment is unchanged, and our share repurchases are opportunistic, but the stock was a good buy a lot of instances this quarter. Operator: We'll take our next question from Andre Madrid at BTIG. Andre Madrid: Good morning, everyone. Phebe Novakovic: Good morning. Andre Madrid: Given all the recent tension around trade, do you think there's a reluctance moving forward for allies to work with U.S. contractors? I mean -- you saw several Northern European nations kind of coming together and saying that they were intending to collectively buy a competing inventory combat vehicle. Like do we expect stuff of this magnitude kind of moving forward? And yes, like I said, do we expect trade to kind of linger and weigh on al”
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SEC filings for GD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.