Expects supply chain “to remain fragile” near term. Expects Q4 deliveries of 40-45 aircraft excluding g700. Cites uncertainty of FAA certification of g700. Expects CapEx to trend back down towards 2% of sales in 2024. Expects growth across defense businesses going into 2024.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GD:
- Early notable gainers among liquid option names on October 25th
- General Dynamics Reports Third-Quarter 2023 Financial Results
- Options Volatility and Implied Earnings Moves Today, October 25, 2023
- General Dynamics reports Q3 net cash from operations $1.3B
- General Dynamics reports Q3 record-high $95.6B backlog, 1.4-to-1 book-to-bill