General Dynamics Corp
GD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J&^ | LOCK|&x? | LOCK|@n&@J>T |
General Dynamics Earnings: Record Backlogs Bode Well Across the Portfolio; Shares Fully Valued
Revenue grew 10.6% year over year to $12.9 billion, while operating profit rose 12.7% to $1.3 billion. Brisk jet deliveries and submarine construction progress boosted revenue growth, while the order backlogs in every segment grew considerably in the quarter.
