Aerospace firm Normal Dynamics (NYSE: GD) introduced monetary outcomes for the second quarter of 2024, reporting a pointy enhance in revenues and revenue.
Second-quarter income elevated 18% year-over-year to $11.9 billion, with all 4 working segments registering year-over-year development. The working margin was 9.7%, up 20 foundation factors from the year-ago quarter.
In consequence, web earnings elevated to $905 million or $3.26 per share within the June quarter from $744 million or $2.70 per share within the year-ago quarter.
“This was a strong quarter overall, as reflected by solid growth in all key measures from a year ago. Our businesses continue to focus on disciplined execution of their programs, cost, and schedule,” mentioned Phebe Novakovic, chief govt officer of Normal Dynamics.
