2017 Financial Highlights

EPS from Continuing Operations

2015
2016
$9.56
2017

Free Cash Flow from Operations*

2015
2016
$3,451
2017

2017 Cumulative 5-Year Return**

$325.11

S&P 500

S&P Aerospace & Defense

General Dynamics

Years Ended December 31* 2015 2016 2017
Revenue $31,781 $30,561 $30,973
Operating Earnings 4,295 3,734 4,177
Operating Margin 13.5% 12.2% 13.5%
EPS from Continuing Operations 9.29 8.64 9.56
Total Backlog 67,786 62,206 63,175
Return on Sales 9.6% 8.8% 9.4%
ROIC 18.1% 16.3% 16.8%

*dollars in millions, except per-share amounts

**based on $100 investment beginning December 31, 2012