General Dynamics Corp ($GD) Q3 2025 Earnings Call
GD - Earnings call Q3 2025.
Chief Executive Officer & Chairperson, General Dynamics
Search every verified Phebe Novakovic interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On General Dynamics’ third-quarter 2025 earnings call, Novakovic stated that the company is “in the midst of a government shutdown with no end in sight” and warned that “the longer it lasts, the more it will impact us, particularly the shorter cycle businesses.” She attributed an increase in the company’s unfunded backlog to “timing” rather than any policy changes, saying, “We’re not aware of anything in particular related to the new administration or policy changes.” Regarding product development, Novakovic noted that the company’s strategy of replacing its entire fleet with new products has driven “robust growth” and that she does not see that changing in the near term. She also said the company has “yet to see a business case that even remotely works” for supersonic business aircraft.
“We have yet to see a business case that even remotely works [for supersonic].”
“The single largest impact on the cadence of manufacturing and delivering ultimate delivery of the first Columbia has been the supply chain, the fragility of the supply chain as it's tried to ramp up from very low rate production which it's been in for the last 25 to 30 years and quintupling that production.”
“We haven't seen anything like that yet [regarding the US customer asking defense companies to invest more of their own money in exchange for work or restrictions on returning cash to shareholders], but we're pretty comfortable that we have invested and we will continue to invest where we see it prudent to support the g...”
“The longer it [government shutdown] lasts, the more it will impact us, particularly the shorter cycle businesses. So forecasts in this environment are difficult at best and less reliable than one would hope.”
Phebe Novakovic, General Dynamics Corp. chairman and CEO, talks about her time with the CIA, U.S. defense spending, and the need for a strong military. She is on the latest episode of "The David Rubenstein Show: Peer-to-Peer Conversations." This was recorded Aug. 17. -------- Like this video? Subscribe to The David Rubenstein Show on YouTube: / @davidrubenstein Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here: https://www.bloomberg.com/peer-to-peer Learn more about David: http://www.davidrubenstein.com/ Connect with us on... Twitter: / business…
Phebe Novakovic, General Dynamics Corp. chairman and CEO, talks about what skills she thinks good leaders need. She appears on "The David Rubenstein Show: Peer-to-Peer Conversations." This was recorded Aug. 17. -------- Like this video? Subscribe to The David Rubenstein Show on YouTube: / @davidrubenstein Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here: https://www.bloomberg.com/peer-to-peer Learn more about David: http://www.davidrubenstein.com/ Connect with us on... Twitter: / business Facebook: / bloombergbusiness Instagram: / bloom…
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Phebe Novakovic, Chairman and CEO, General Dynamics Corporation, speaks with Economic Club president David M.
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