Naval

Naval

John F. Kennedy (CVN 79) Clears Acceptance Sea Trials at Newport News

HII says CVN 79 completed acceptance sea trials on August 15 after earlier builder’s trials. Preliminary acceptance and Navy underway test and evaluation come next—without a delivery date in the release.

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.