Companies - Defense Stocks (Page 3)

Virginia-class attack submarine returning to General Dynamics Electric Boat shipyard, illustrating GD Marine Systems submarine programs

Naval

GD’s Marine Systems Growth and 1.4x Book-to-Bill Underscore the Submarine Supercycle

General Dynamics posted $14.1B revenue (+8.1%) and $4.24 EPS, with Marine Systems at $4.660B (+10.4%), Aerospace at $3.525B (+15.1%), and a 1.4x book-to-bill on $14.7B of defense orders.

U.S. Army Patriot air-defense launcher fires during Valiant Shield 22 (public domain / DoD)

Companies

Lockheed’s $58.62 Billion PAC-3 Ceiling Is a Demand Signal, Not Cash in the Bank

War.gov and Lockheed put a $58.62 billion multiyear face value on PAC-3 MSE—but no funds were obligated at award. Here’s how investors should read the ceiling.

Aerospace

Boeing Defense Grew 13%—Then Gave It Back on Air Force One

Boeing’s BDS unit posted $7.483B revenue (+13%) but a $15M operating loss after $280M in VC-25B charges. MQ-25A hit first flight and Milestone C; T-7A entered LRIP; backlog ~$85B with 27% non-U.S.