General Dynamics Corporation (GD) posted good numbers, says Jim Cramer
Recently released Jim Kramer of 10 shares spoke as everyone said they won Trump’s Japanese trade.. General Dynamics Corporation (NYSE: GD) is one of the stocks Jim Kramer has recently discussed.
General Dynamics Corporation (NYSE: GD) is a defense contractor operated in the air, water and land domains. Its stock rose 21% this year, and rose 6.5% in July after the company’s second quarter earnings report. As a result, General Dynamics Corporation (NYSE: GD)’s $13 billion revenue analyst estimate was $12.37 billion, with EPS well above $3.74 at $3.53. Cramer rarely discusses the company, and his comments this time are part of a broader statement in the defense industry, and he praised RTX over Lockheed Martin and Northrop Grumman for sales around the world.
“General dynamics, good numbers.”
One key aspect of General Dynamics Corporation (NYSE:GD)’s latest revenue is its record backlog of $103.7 billion, generating insights into future cash flows. Q2 Here’s what the company said about this metric during the 2025 revenue call:
“The backlog increased by $14.6 billion or 38% in the quarter, nearly $53 billion. It is primarily the result of contracts for two-block V Virginia class vessels, including unique special mission vessels with substantial contracts. The contract also includes important investment funds to support shipyard productivity, wage increases, and additional training programs, submarine industrial bases.”
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Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.
Disclosure: None. This article was originally published Insider Monkey.