CLAIM #25733 · GD (GD) · 2025Q4 earnings call · Jan 28, 2026 · due Dec 31, 2027
“I think as you think about it in the context of Combat, which is where the bulk of our international activity is, European Land Systems will be the fastest grower by far. And so we expect to see really, really positive growth over the plan period and you'll start to see the real acceleration, as Phebe said earlier, in '27 and beyond.”
Danny Deep · President
How to check this claim
Look at: European Land Systems (Combat Systems international) revenue growth rate, year-over-year
It came true if: 2027 European Land Systems revenue growth rate > Combat Systems segment overall revenue growth rate, with visible acceleration in growth rate versus 2026
Where: Company segment disclosures / management commentary on Combat Systems international revenue (10-K segment notes, earnings call commentary)
In context
“tion. Good morning. Phebe Novakovic: Good morning. Andre Madrid: I wanted to really nail down into international a bit. Could you maybe tell us what the book-to-bill was for the quarter and for the year? And how are you thinking about demand moving into '26? I know we've talked about it in each of the individual segments. But is it fair to say that growth on international will probably outpace the broader business in the year. Phebe Novakovic: Are you talking about Combat Systems primarily? Because there is none in Marine group. Gulfstream. So Andre Madrid: Yeah. Yeah. Okay. Yeah. Danny Deep: Yeah. I can answer that. Yeah. So I think as Kim said, we had a book-to-bill in the fourth quarter at specifically at European Land Systems of over four to one. So that was by far the biggest impact. I think as you think about it in the context of Combat, which is where the bulk of our international activity is, European Land Systems will be the fastest grower by far. And so we expect to see really, really positive growth over the plan period and you'll start to see the real acceleration, as Phebe said earlier, in '27 and beyond. Some of these are long cycle programs but certainly at European Land Systems, we expect to grow quickly. Andre Madrid: Got it. And then if I could squeeze one more in. I know back at AUSA in October, you highlighted some of the demand that you're seeing around UGVs. We've seen them being used to extreme effect in Eastern Europe right now. What do you think the market looks like for unmanned ground? I mean, is that something that might be much more tangible in the years to come? Is there, like, kind of a, you know, a benchmark that you guys are setting to for how that business might perform? Phebe Novakovic: We're not setting a particular benchmark, but I would say that the US Army is in a period of transition. But they moved to the most advanced technologically capable systems both in the”
Verify independently
SEC filings for GD ↗ · Claim quote is verbatim from the 2025Q4 earnings call.