gd investor prez (q3 2010)

8/2/2019 GD Investor Prez (Q3 2010)

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Company Overview

Third Quarter 2010


2/23

Consistent Superior PerformanceFive-Year Results*

*Continuing Operations; As Originally Reported; EPS reflects 2006 stock split

2 Third Quarter 2010 Company Overview


3/23

3

Cash Performance

Free Cash Flow

Earnings from Continuing Operations

Third Quarter 2010 Company Overview


4/23

15.0%15.6%

16.9%

18.5%

17.8%

8.9% 9.2%

7.5%

4.1%

6.4%

2005 2006 2007 2008 2009

GeneralDynamics

S&P 500

Return On Invested Capital > S&P 500*

4

*Continuing Operations



5/23

GD Backlog = $61.8B*

Funded

Potential

Unfunded

5* Backlog as of 3Q 2010

$-

$20

$40

$60

$80

$100

2006 2007 2008 2009 3Q10

Dollars(

B)



6/23

GD Business Portfolio

6

COMBATSYSTEMS

33%MARINE

SYSTEMS17%

IS&T31%

AEROSPACE19%

2009 Revenues 2009 Operating Earnings



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Combat Systems Wheeled combat & tactical

vehicles

Main battle tanks

Guns & ammunition-handling

systems

Ammunition & ordnance

Chemical and biologicaldetection systems

Drive train components &

aftermarket parts

7

ABRAMS

STRYKER

STRYKER



8/23

$-

$5

$10

$15

$20

2006 2007 2008 2009 3Q10

Dollars(B)

Combat Backlog = $12.8B*

Funded

Potential

Unfunded

8

MK-19 MK-19

* Backlog as of 3Q 2010 Third Quarter 2010 Company Overview


9/23

Combat: Backlog

Funded

Unfunded

PIRAHNA

9

Abrams Tanks 16%

Stryker 15%

Armaments &

Munitions 23%

Intl Vehicles

39%

Other 7%

$-

$5

$10

$15

$20

3Q10

Dollars(B)



10/23

Marine Systems

Nuclear submarines

Surface combatants &

auxiliary ships

Commercial vessels

Design & engineering

Repair & maintenance

PRODUCT CARRIER

10

DDG-1000

PRODUCT CARRIERPRODUCT CARRIERLCST-AKE



11/23

$-

$5

$10

$15

$20

$25

$30

2006 2007 2008 2009 3Q10

Dollars(B)

Marine Backlog = $20.6B*

Funded

Potential

Unfunded

T-AKE

11

VIRGINIA CLASS

* Backlog as of 3Q 2010

VIRGINIA CLASS



12/23

$-

$5

$10

$15

$20

$25

$30

3Q10

Dollars(B)

Marine: Backlog

Funded

Unfunded

DDG1000/DDG51 8%

12

LCSPRODUCT CARRIER

Other 3%

Virginia 69%

Engineering 12%

DDG1000/DDG 51 6%T-AKE 5%Overhaul/Repair 5%



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IS&TTactical command & control

and networking

Information assurance

Ruggedized computing

Information technology &

mission services

Intelligence, surveillance &

reconnaissance (ISR) systems

JTRS MANPACK

13

WIN-T



14/23

$-

$5

$10

$15

$20

$25

2006 2007 2008 2009 3Q10

Dollars(B)

IS&T Backlog = $10.9B*

Funded

PotentialUnfunded

14

CYBERSECURITY



15/23

IS&T: 2009 RevenuesGO BOOK

15

GO BOOK



16/23

Aerospace

Design, manufacture and outfit

mid-size and large-cabin business

jets

Technologically advanced cockpit

and cabin systems

Comprehensive aviation services

16

G650

G250



17/23

Aerospace: Product Line



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Aerospace: Services

Teterboro

St. Louis

Savannah

Moscow

Hong Kong

Beijing

Riyadh

Singapore

Sao Paulo

Basel

Jet Aviation: Primary Completions

Facility

Jet Aviation: Maintenance, Repairs &

Overhaul (MRO) Facility

Gulfstream Facilities

18

Dubai

Global presence with over 40 facilities



19/23

$-

$5

$10

$15

$20

$25

2006 2007 2008 2009 3Q10

Dollars(B

)

Aerospace Backlog = $17.5B*

Firm OrdersUnfunded: Maint. & Supp.

Potential: Options

19

G650



20/23

Gulfstream Worldwide Installed Fleet

20

70%

7%

9%

7%

7%



21/23

$-

$5

$10

$15

$20

$25

3Q10

Dollars(

B)

Firm OrdersUnfunded: Maint. & Supp.

Aerospace: Backlog

21

U.S./Canada 41%

Latin/South America 7%

Europe 21%

Asia-Pacific 20%

Mid-East/Africa 11%



22/23

Capital Deployment

2005 to 2009Cash Generated 15.1$

Net Debt Decrease (1.2)

Total Capital to Deploy 13.9$

Capital Expenditures 2.0$

Acquisitions 7.0

Dividends 2.2

Share Repurchases 2.7

13.9$

$ Billions



23/23

Diverse business portfolio

Strong balance sheet & cash generation

Consistent execution

Substantial, durable backlog

Disciplined capital deployment

23 Thi d Q t 2010 C O i

gd investor prez (q3 2010)

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