General Dynamics Q1 2024 Financial Update

TL;DR

GD's Q1 2024 numbers are in, showing revenue and equity changes vs last year.

AI Summary

General Dynamics Corp. reported its first quarter results for the period ending March 31, 2024. The company's filing details its financial performance, including revenue and equity components, for the first three months of 2024 and compares it to the same period in 2023. Specific financial figures for product and service revenues, as well as changes in retained earnings and additional paid-in capital, are presented.

Why It Matters

This filing provides insight into General Dynamics' financial health and operational performance in early 2024, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative events indicated.

Key Numbers

• 1.75 — P91D (Indicates a value related to shares or a financial metric, likely per share, for the period.)

Key Players & Entities

• GENERAL DYNAMICS CORP (company) — Filer
• 20240331 (date) — Period of Report
• 20240424 (date) — Filing Date
• 11011 SUNSET HILLS RD (address) — Business Address
• RESTON (city) — Business Address City
• VA (state) — Business Address State
• 20190 (zip_code) — Business Address Zip
• 703-876-3000 (phone_number) — Business Phone

FAQ

From the Filing

0000040533-24-000014.txt : 20240424 0000040533-24-000014.hdr.sgml : 20240424 20240424120524 ACCESSION NUMBER: 0000040533-24-000014 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 89 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240424 DATE AS OF CHANGE: 20240424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL DYNAMICS CORP CENTRAL INDEX KEY: 0000040533 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 131673581 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-03671 FILM NUMBER: 24868210 BUSINESS ADDRESS: STREET 1: 11011 SUNSET HILLS RD CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 703-876-3000 MAIL ADDRESS: STREET 1: 11011 SUNSET HILLS RD CITY: RESTON STATE: VA ZIP: 20190 10-Q 1 gd-20240331.htm 10-Q gd-20240331 0000040533 12/31 2024 Q1 false P91D 1.75 2 0000040533 2024-01-01 2024-03-31 0000040533 2024-03-31 xbrli:shares 0000040533 us-gaap:ProductMember 2024-01-01 2024-03-31 iso4217:USD 0000040533 us-gaap:ProductMember 2023-01-01 2023-04-02 0000040533 us-gaap:ServiceMember 2024-01-01 2024-03-31 0000040533 us-gaap:ServiceMember 2023-01-01 2023-04-02 0000040533 2023-01-01 2023-04-02 iso4217:USD xbrli:shares 0000040533 2023-12-31 0000040533 2022-12-31 0000040533 2023-04-02 0000040533 us-gaap:CommonStockMember 2023-12-31 0000040533 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000040533 us-gaap:RetainedEarningsMember 2023-12-31 0000040533 us-gaap:TreasuryStockCommonMember 2023-12-31 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000040533 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000040533 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000040533 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000040533 us-gaap:CommonStockMember 2024-03-31 0000040533 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000040533 us-gaap:RetainedEarningsMember 2024-03-31 0000040533 us-gaap:TreasuryStockCommonMember 2024-03-31 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000040533 us-gaap:CommonStockMember 2022-12-31 0000040533 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000040533 us-gaap:RetainedEarningsMember 2022-12-31 0000040533 us-gaap:TreasuryStockCommonMember 2022-12-31 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000040533 us-gaap:RetainedEarningsMember 2023-01-01 2023-04-02 0000040533 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-04-02 0000040533 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-04-02 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-04-02 0000040533 us-gaap:CommonStockMember 2023-04-02 0000040533 us-gaap:AdditionalPaidInCapitalMember 2023-04-02 0000040533 us-gaap:RetainedEarningsMember 2023-04-02 0000040533 us-gaap:TreasuryStockCommonMember 2023-04-02 0000040533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-02 0000040533 us-gaap:TransferredOverTimeMember 2024-01-01 2024-03-31 xbrli:pure 0000040533 us-gaap:TransferredOverTimeMember 2023-01-01 2023-04-02 0000040533 us-gaap:TransferredAtPointInTimeMember 2024-01-01 2024-03-31 0000040533 us-gaap:TransferredAtPointInTimeMember 2023-01-01 2023-04-02 0000040533 2024-04-01 2024-03-31 0000040533 2026-01-01 2024-03-31 0000040533 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember 2024-01-01 2024-03-31 0000040533 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember 2023-01-01 2023-04-02 gd:contract 0000040533 gd:AircraftManufacturingMember gd:AerospaceMember 2024-01-01 2024-03-31 0000040533 gd:AircraftManufacturingMember gd:AerospaceMember 2023-01-01 2023-04-02 0000040533 gd:AircraftServicesMember gd:AerospaceMember 2024-01-01 2024-03-31 0000040533 gd:AircraftServicesMember gd:AerospaceMember 2023-01-01 2023-04-02 0000040533 gd:AerospaceMember 2024