General Dynamics reports company-wide backlog of $88.7B at Q1-end

On a company-wide basis, orders in the quarter totaled $10.2B, and backlog at the end of the quarter was $88.7B. Estimated potential contract value, representing management’s estimate of additional value in unfunded indefinite delivery, indefinite quantity contracts and unexercised options, was $52.7B. Total estimated contract value, the sum of all backlog components, was $141.3B.