GENL DYNAMICS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period End Date	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Net Sales	--	--	--	--	--	--	--	--	--	--
Net sales: Products	33,021.00	28,635.00	24,595.00	23,022.00	22,428.00	22,188.00	23,130.00	20,149.00	19,016.00	19,885.00
Net sales: Services	19,529.00	19,081.00	17,677.00	16,385.00	16,041.00	15,737.00	16,220.00	16,044.00	11,957.00	11,468.00
Total Revenues	52,550.00	47,716.00	42,272.00	39,407.00	38,469.00	37,925.00	39,350.00	36,193.00	30,973.00	31,353.00
Operating costs and expenses	--	--	--	--	--	--	--	--	--	--
Operating Costs and Expenses: Products	27,965.00	24,332.00	20,591.00	18,981.00	18,524.00	18,192.00	18,569.00	15,894.00	14,799.00	15,443.00
Operating Costs and Expenses: Services	16,634.00	16,020.00	15,009.00	13,804.00	13,537.00	13,408.00	13,722.00	13,584.00	9,987.00	9,661.00
Goodwill impairment	--	--	--	--	--	--	--	--	--	--
General and Administrative	2,595.00	2,568.00	2,427.00	2,411.00	2,245.00	2,192.00	2,411.00	2,258.00	2,010.00	1,940.00
Total Operating Costs & Expenses	(47,194.00)	(42,920.00)	(38,027.00)	(35,196.00)	(34,306.00)	(33,792.00)	34,702.00	31,736.00	26,796.00	27,044.00
Operating earnings	5,356.00	4,796.00	4,245.00	4,211.00	4,163.00	4,133.00	4,648.00	4,457.00	4,177.00	4,309.00
Interest expense, net	314.00	324.00	343.00	364.00	424.00	477.00	460.00	356.00	103.00	91.00
Other income (expense), net	61.00	68.00	82.00	189.00	134.00	82.00	14.00	(16.00)	3.00	13.00
Earnings from Continuing Operations before Income Taxes	5,103.00	4,540.00	3,984.00	4,036.00	3,873.00	3,738.00	4,202.00	4,085.00	4,077.00	4,231.00
Current:U.S. federal	357.00	622.00	619.00	649.00	515.00	558.00	471.00	587.00	656.00	698.00
Deferred:U.S. federal	282.00	(90.00)	(131.00)	(196.00)	(53.00)	(130.00)	49.00	(37.00)	215.00	316.00
Current:State*	3.00	32.00	27.00	52.00	30.00	8.00	36.00	48.00	31.00	24.00
Deferred:State*	16.00	(4.00)	7.00	(11.00)	(5.00)	(2.00)	1.00	8.00	7.00	14.00
Current:International	277.00	190.00	200.00	123.00	137.00	132.00	119.00	95.00	77.00	71.00
Deferred:International	(42.00)	8.00	(53.00)	29.00	(8.00)	5.00	42.00	26.00	60.00	46.00
Tax adjustments	--	--	--	--	--	--	--	--	119.00	--
Provision for income taxes, net	893.00	758.00	669.00	646.00	616.00	571.00	718.00	727.00	1,165.00	1,169.00
Income (loss) from Continuing Operations	--	--	--	--	--	3,167.00	3,484.00	3,358.00	2,912.00	3,062.00
Discontinued operations, net of tax	--	--	--	--	--	--	--	(13.00)	--	(107.00)
Net earnings allocable to Common Units	4,210.00	3,782.00	3,315.00	3,390.00	3,257.00	3,167.00	3,484.00	3,345.00	2,912.00	2,955.00
Earnings Per Share (Basic) - Cont Ops	--	--	--	--	--	11.04	12.09	11.37	9.73	10.05
EPS (Basic) : Disc Ops	--	--	--	--	--	--	--	(0.04)	--	(0.35)
Net earnings Basic	15.65	13.81	12.14	12.31	11.61	11.04	12.09	11.33	9.73	9.70
Earnings Per Share (Diluted) - Cont Ops	--	--	--	--	--	11.00	11.98	11.22	9.56	9.87
Earnings Per Share (Diluted) - Disc Ops	--	--	--	--	--	--	--	(0.04)	--	(0.35)
Net earnings Diluted	15.45	13.63	12.02	12.19	11.55	11.00	11.98	11.18	9.56	9.52
Basic weighted average shares outstanding	269.08	273.86	273.14	275.31	280.43	286.92	288.29	295.26	299.17	304.71
Diluted weighted average shares outstanding	272.43	277.49	275.73	278.17	282.02	287.91	290.84	299.16	304.64	310.39