General Dynamics reports 13% revenue growth and $220 billion backlog
Filed with the SEC on · Summarized by InvestorsBot
General Dynamics reported third-quarter 2026 revenue of $14.6 billion for the quarter ended October 4, up 12.9% from a year earlier, while diluted EPS rose 15.7% to $4.49 and operating margin expanded to 10.5%. Orders totaled $98.8 billion, led by Marine Systems submarine contracts, lifting backlog to $220.3 billion; the company also generated $1.7 billion in operating cash flow, paid $429 million in dividends and reduced debt by $500 million during the quarter.