And one of the opportunities could be in the area of 5G, and you've won contracts both at GDIT and at mission systems related to that. While I just like giving piecemeal guidance when our plan for next year is not final, it is fair to say that we contemplate fewer deliveries. As you all are aware, most of the revenue and earnings shortfall this year to date has occurred in our aerospace segment which saw significant write-offs last quarter associated with reductions in force at both Gulfstream and Jet Aviation. But I think that portfolio shaping is only effectively discussed after the fact. I mean, is 100% conversion next year out of the question at this point? So with that as a backdrop, we continue to target free cash flow for the year to be in the 80% to 85% of net income range. Call Participants. This is a whole new fleet. I'll leave those for other folks. GD: General Dynamics Corporation - Earnings Announcements. This is a very efficient yard that's getting better and better and better at what they do. » General Dynamics Q2 2009 Earnings Call Transcript Good day, ladies and gentlemen, and welcome to the First Quarter 2010 General Dynamics Earnings Conference call. General Dynamics (GD) Q3 2020 Earnings Call Transcript Oct. 28, 2020 | Price: Free! Thanks, Jason. It now appears that we will be right around 130. These are really within our core that we've had continuing contract wins. It's already quite a large business, and it will continue to grow. General Dynamics (GD) Q2 2017 Results - Earnings Call Transcript. ... and welcome to the General Dynamics First Quarter 2019 Earnings Conference Call. So that's the first question on Gulfstream. Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of General Dynamics ... General Dynamics (GD) Q1 Earnings & Revenues Miss Estimates Yahoo 04/29 10:16 ET. … Howard Rubel -- Vice President of Investor Relations. Well, I think the department is still working through how to operationalize 5G. View real-time stock prices and stock quotes for a full financial overview. And then we still have highly restrictive travel restrictions across the world. Questions and Answers. I don't want to say anything is out of the question, David. Year-to-date revenue is down $137 million or 3.7% and earnings are down $15 million or 3% versus last year. General Dynamics (GD) Q3 2017 Results - Earnings Call Transcript. General Dynamics Corp (NYSE: GD) Q4 2018 Earnings Conference Call Jan. 30, 2019, 9:00 a.m. Image source: The Motley Fool. So I don't want to put too many caveats around it, but I think the most important takeaway is we expect to see growing free cash flow year over year, and we'll work out the details as to whether we get to or above 100% as we were projecting before the pandemic. Ronald J. Epstein - Bank of America Merrill Lynch. But you see what I'm getting at is, are -- is the virus causing people I guess the high net worth group, to want to travel privately where they might not have before? Phebe, for you, I know you talked about Gulfstream demand, but I just wanted to ask from one other angle, has the customer mix lately, since COVID, changed between the number of high net worth individuals versus corporate buyers? And our next question today comes from Carter Copeland with Melius Research. GBX earnings call for the period ending November 30, 2020. These third quarter submittals are additive to billions of dollars of prior proposal submissions awaiting customer decision. About GD. But cumulatively, we've been accelerating over time for call it the past six -- five, six months in excess of $1.7 billion to those suppliers. So we'll get through all of that and the key areas for us to win more than our fair share and this business is doing I think quite well in that regard. Phebe Novakovic -- Chairman and Chief Executive Officer. The Simply Good Foods Company (SMPL) Q1 2021 Earnings Call Transcript. I mean obviously those come through -- the reimbursement of those, the treatment there just implies you guys have found some performance efficiencies there. [Operator instructions] Today's first question comes from Ron Epstein with BofA. This growth is attributable largely to our submarine programs and electric boat. Phebe, I wondered if you might talk a little bit about the performance at EB. I'd like to start with a couple of notes on capital deployment in … Stay up to date with lastest Earnings Announcements for General Dynamics Corporation from Zacks Investment Research No. But if the nation needs it, we'll accommodate it. We're sticking to our operations, doing what we do best. Please go ahead. General 2, … General Dynamics Corp (NYSE: GD) Q3 2018 Earnings Conference Call Oct. 24, 2018 , 9:00 a.m. GENERAL DYNAMICS CORP (GD) Earnings Report: Q1 2015 Conference Call Transcript The following GENERAL DYNAMICS CORP conference call took place on April 27, 2016, 09:00 AM ET. However, we will have the opportunity to revisit this in April of 2021 to see if market demand at that point justifies turning up production. Good morning, and welcome to the General Dynamics Fourth Quarter and Full Year 2018 Earnings Conference Call. Executives. GD | Complete General Dynamics Corp. stock news by MarketWatch. Would you be willing to provide that now just given some of the changes in build rates that you're seeing? 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And I would expect that performance to continue. TSX: BB. So electric boat has continued to find and will continue to find performance improvements as well as cost cutting. And that is a business where we have done a fair amount of portfolio shaping because they've got some nice growth looking in front of them. It's really the 550 has gone away and we're not able in this demand environment to replace it with new airplanes -- with our new airplane models that we had anticipated. General Dynamics (GD) Q2 2017 Results - Earnings Call Transcript. As I said, that's a spectacular airplane that continues to be in demand. General Dynamics Corp (NYSE: GD) Q2 2019 Earnings Call Jul 24, 2019, 9:00 a.m. General Dynamics (GD) Q4 2017 Earnings Conference Call Transcript | … We ended the quarter with $1.5 billion of cash on the balance sheet and a net debt position of $11.9 billion, down almost $400 million from the second quarter. It's pretty impressive if you ask me. Please go ahead. So we've got a long way to go in determining what the final plan is. This is the best cash performance across General Dynamics, both in the quarter and year to date. So you're continuing to see each and every one of our businesses improve their bottom-line performance on the operating side. Before I address the company's quite good performance in the quarter, let me briefly update you on COVID-19's continuing impact. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. Questions and Answers. Thanks. Read full article. 4 was the week of October 5 and No. Image source: The Motley Fool. So I wanted to get your thoughts on further portfolio shaping. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: In the first instance, it's the job of our shipyards to integrate those capabilities into the existing platforms. Please go ahead. GDIT has, from the very get-go, had superior industry-leading, and not by a little, but by a lot, EBITDA margins. Absolutely. However, total estimated contract value of $132 billion is down only $336 million against the end of the last quarter. Thanks very much. So as their need and the clarity around its use, with respect to 5G, in this instance, gets increasingly clear, we'll be there to work with them. And can we expect revenues to accelerate from here and to hold on to this operating margin? Thank you Phebe, and good morning. Samuel J. But in addition to efficiency, the number of airplanes delivered really drive EBIT. Would you still expect some Gulfstream EBIT growth in 2021 despite lower deliveries? So I expect their performance to continue. General Dynamics (GD) Q3 2020 Earnings Call Transcript GD earnings call for the period ending September 30, 2020. It operates through the following segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. That helps manage any crisis including this pandemic. While we saw pipeline activity improve week-by-week during the quarter, demand is still dampened by fears concerning the economy, by an unsettled political climate and by a wide variety of travel restrictions. In short, the pandemic remains an issue, but we have dealt with the health of our workforce in an effective way and continue to do so. View real-time stock prices and stock quotes for a full financial overview. With regard to that, I think you're forecasting $1.13 billion in EBIT in '20. And then just on GDIT, I think the traditional metric that folks look at to kind of understand growth is book-to-bill, and book-to-bill there for you all is OK. Is that expected to turn? Hi Phebe and hello Jason an Howard. Combat systems had nice order activity in the quarter with over $1.65 billion in funded orders. General Dynamics (GD) Up 2.4% Since Last Earnings Report: Can It Continue? Logo of jester cap with thought bubble. 10/26/17. Howard, that concludes my remarks. So you see -- we're going to see bottom-line growth. General Dynamics (GD) reports earnings on 1/27/2021. To the extent we eventually see additional relief from our U.S. government customer in the form of incremental contract funds to offset the ongoing impact of COVID to our business, we'll include the benefit of that relief in our results only when it's authorized and funds are made available. I'll give you one little note to give you a sense of what's going to propel this growth. Market data powered by FactSet and Web Financial Group. By Seeking Alpha. Contributor. OK. And I had a quick one for Jason. And then as I noted, we continue to work on margin expansion. Phebe, just a quick -- you discussed portfolio shaping in your opening comments. Latest Stock Picks Investing Basics Premium Services. Hello. ET. GD | Complete General Dynamics Corp. stock news by MarketWatch. You're going to have some variances over the quarter. ET. General Dynamics Corp (NYSE: GD) Q1 2019 Earnings Call April 24, 2019, 9:00 a.m. And as I noted in my remarks, we are -- with all of that top-line growth, we're going to push for margin expansion. I am frequently asked about production and deliveries for next year. As we are accelerating cash to suppliers, we're helping keep them going on an ongoing basis from month-to-month and quarter to quarter. There's not an expectation that book-to-bill improves materially there? All earnings call transcripts on General Dynamics Corporation (GD) stock. Analysts: Seth Seifman — JP Morgan Chase & Co. — Analyst. And even -- if you think about it, and this is just not with respect to the shipyards, but across all of our operating divisions, the COVID has amplified the underlying strength of the operations in this business to the extent that they're driven by disciplined, continuous improvement. Image source: The Motley Fool. General Dynamics Corp. (NYSE:GD) Q2 2017 Earnings Call. Operating earnings of $270 million were up $6 million or 2.3% over the year ago quarter. At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. Yeah. We've been talking about Columbia for some time and you're beginning to see the significant growth of this program. Questions and Answers. Third, we have a well-earned reputation with the Army for high-quality, on-schedule and on-budget performance that is unrivaled in the industry. How are you? Well, I think ascribing motive to people is very difficult, but the high net worth individuals have always been an important part of our portfolio, and they remain that -- they remain so. Samuel J. It's all going to be about performance, and their performance throughout testing has been outstanding. Questions and Answers. And let's not forget also, we've got over 450 G650s out in the fleet. I mean, there's a material difference in the kinds of airplanes that we have. General Dynamics Corp (NYSE: GD) Q3 2019 Earnings Call Oct 23, 2019, 9:00 a.m. Please go ahead. I think it is an important indicator that by the end of the fourth quarter, we're going to have 90 of these 500s and 600s in customers' hands. While these numbers are down slightly, they represent a solid and enduring backlog. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. By Seeking Alpha. Through the end of the third quarter, we've received approximately $400 million of accelerated payments from our customers and advanced more than $1.7 billion to our suppliers. But before I get into the details at the operating level, particularly at aerospace and GDIT, where we experienced significant improvement, I want to spend a moment on the resilience and strength of the company's backlog. So that's a delta of like $1.3 billion. And I talked about the cyber defense tactical communications, we have a decades-long history and expertise in the nuclear triad, that will continue to grow. ET. OK. That's all for me today. Download the investor presentation - earnings call slides. ET Contents: . Was the book-to-bill of the 650 in the quarter above 1? General Dynamics Q2 2020 Earnings Call Transcript Wednesday, 29 July 2020 zacks. Does this suggest that you're thinking differently about how you manage from the corporate center? October 25, 2017 9:00 am ET. Logo of jester cap with thought bubble. Cai von Rumohr -- Cowen and Company -- Analyst. And I -- Jason, I don't know if you recall those numbers, but it was a lot of revenue that carried no earnings. We continue to have lower infection rates in our surrounding communities. That said, our forecast for the quarter is right in line with what the fourth quarter has looked like in each of the past three years, so not an unusual task at this point. These are all new models. So with respect to the profitability of Gulfstream, I think we've seen really some good discipline actions to size the business accordingly and then continue to perform superbly on the manufacturing line. AngioDynamics Inc (ANGO) Q2 2021 Earnings Call Transcript. Our performance has been very, very strong on our existing contracts. July 26, 2017 9:00 am ET. General Dynamics (NYSE: GD) Q4 2017 Earnings Conference Call Jan. 24, 2018 9:00 a.m. Please go ahead. They had revenue of over $2 billion in the quarter, operating earnings of $146 million, with an operating margin of 7.2%. Gulfstream led the way with 32 deliveries, 25 large and seven midsized. Well, let me address that. Marine systems is yet again a good news story with quarter over year ago quarter growth in both revenue and earnings. And as you can well imagine, the velocity at which these contracting decisions are made on the part of the contractors -- or the part of the customers has been slowed down by COVID. ... Good morning and welcome to the General Dynamics … I'll start with some comments on our cash performance in the quarter and our latest thinking on how the year is shaping up. For the defense businesses alone, the year-to-date revenue is up $98 million, and operating earnings are down only $51 million. Good morning and welcome to the General Dynamics Second Quarter 2019 Earnings Conference Call. 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