What Happened
US-Israeli War With Iran Impacts Orders But Margins Remain Solid
General Dynamics’ aerospace division has reported a strong first quarter, with a book-to-bill ratio of 1.13 and a 15% operating margin. Despite the US-Israeli war with Iran slowing aerospace orders, the company’s Gulfstream business jet provider and other divisions contributed to the solid performance. The improvement in supply chain management was a key factor in achieving the margin. This news was first reported by Aviation Week.