CLAIM #25633 · GD (GD) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025
“I think we're sticking with the forecast that we gave you in January at this point in time. We're obviously always trying to improve upon that. But at this point in the year, we're going to stick to that forecast.”
Kimberly Kuryea · CFO
In context
“plus. When you take on more risk, there should be an opportunity for a little better margin. But all of it comes at a better price and a better outcome for the customer. I guess if I would add one other thing to watch out from a risk standpoint, we need to be careful from a mission perspective, that if there's dueling priorities of significantly reducing workforce within the government and at the same time, on a meaningful level in sourcing this type of work to the customer that can come at great peril and we need to be mindful of that in these conversations and make sure we don't compromise any mission capability. Noah Poponak: I appreciate all that detail, Jason. And just one quick one, Kim, what's your updated thinking for full year free cash flow to net income conversion? Kim Kuryea: I think we're sticking with the forecast that we gave you in January at this point in time. We're obviously always trying to improve upon that. But at this point in the year, we're going to stick to that forecast. Nicole Shelton: Operator, I think now we have time for just one last question. Operator: And we'll take that question from Gautam Khanna at TD Cowen. Gautam Khanna: Yes, thank you guys. Jason, I wanted to just follow up on the prior question. Have you actually seen dose or whatever we want to call this book terminate contracts with GDIT? Has that happened? And if so, can you quantify what that aggregates to? Jason Aiken: Yes. I'm sure if you look at the public information around DOGE, they list all the contract actually that they've taken action on. And we have been a part of that. There have been some stop work orders, some partial stop work orders and so on. In terms of impact of that, I'm not going to quantify that for the year. As I said, the outlook for the year for the business rema”
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SEC filings for GD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.