General Dynamics delivered a strong Q4 2024 with top-line growth and meaningful margin expansion. Revenue reached $13.338 billion, up approximately 24.3% year over year and 14.3% quarter over quarter, reflecting robust execution across segments and favorable mix. Gross profit rose to $2.085 billion, yielding a gross margin of about 15.63%, while operating income of $1.423 billion produced an operating margin of 10.67%. Net income totaled $1.149 billion, delivering EPS of $4.15, up roughly 42% year over year and 22% sequentially. The company generated strong operating cash flow of $2.16 billion and free cash flow of $1.805 billion, enabling aggressive capital allocation: $1.318 billion in share repurchases and $389 million in dividends. On the balance sheet, General Dynamics held $1.70 billion in cash, total assets of $55.9 billion, and total debt of $10.676 billion with net debt of $8.98 billion, signaling solid liquidity and manageable leverage for ongoing program investments. While explicit forward guidance is not provided in the data, the quarterly performance underscores resilience in defense demand and favorable project mix. Investors should monitor government budget trajectories, program awards and execution risk, and the trajectory of cash flow return metrics as a read-through for sustainable shareholder value.