Q4 Earnings Roundup: General Dynamics and Defense Contractors Segment

Defense contractors reported satisfactory Q4 earnings, with revenues beating analysts' estimates by 2.1%. General Dynamics (NYSE:GD) reported revenues of $14.38 billion, up 7.8% YoY, exceeding analysts' expectations by 4.1%. Leonardo DRS (NASDAQ:DRS) had an exceptional quarter with revenues of $1.06 billion, up 8.1% YoY, outperforming analysts' expectations by 7%. Share prices of the companies have held steady, with General Dynamics down 3% and Leonardo DRS up 19.4% since reporting.