General Dynamics reports higher second-quarter revenue and earnings

General Dynamics reported second-quarter 2026 revenue of $14.1 billion for the period ended July 5, up 8.1% from a year earlier, while diluted EPS rose 13.4% to $4.24 and operating margin expanded to 10.4%. The company generated $1.9 billion in operating cash flow, paid $429 million in dividends, reduced debt by $498 million, and ended the quarter with $136.5 billion in backlog after receiving $20 billion in orders.