Latest General Dynamics News & Updates

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General Dynamics (GD)

Global aerospace and defense company

gd.com

Headquarters: Reston, United States
Founded year: 1952
Company type: Public company
Number of employees: 11,000+
Industry: Aerospace & Defense

Last updated October 30

Latest news about General Dynamics (GD)

In short: General Dynamics posted strong Q2 results with record backlog, major submarine awards, and CEO succession.

Company announcements

October 30 GD

General Dynamics posts 12.9% revenue growth in Q3 2026

Diluted EPS rose 15.7% to $4.49, operating earnings $1.5 billion, cash from operations $1.7 billion, and backlog $220.3 billion with a 6.8-to-1 book-to-bill ratio.

October 7 GD

General Dynamics appoints Danny Deep as CEO and Phebe Novakovic as executive chairman

The transition takes effect January 1, 2027. Deep succeeds Novakovic, who served as CEO since 2013, after a 25-year tenure at the company.

August 7 GD

GDIT secures $1.3 billion contract for Army National Guard IT services

The award covers enterprise network operations and cybersecurity support with a one-year base period plus six options. It enhances mission readiness through AI, data analytics, and modernized IT environments.

July 29 GD

GD awarded $29.5B for five Columbia-class submarines

Electric Boat also received $42.1B for nine Virginia-Class submarines and infrastructure support.

Media coverage

October 30 Marine Link

General Dynamics' Backlog Surges to $220B on Major Defense Orders

General Dynamics reported $98.8 billion in new orders in the third quarter of 2026, driven by major submarine contracts, while...

October 23 Reuters

General Dynamics posts higher profit as Gulfstream, marine drive bookings

General Dynamics on Friday ‌posted a nearly 16% rise in third-quarter ⁠profit driven by strength in its Gulfstream business jet and shipbuilding operations.

October 7 Breaking Defense

General Dynamics CEO Phebe Novakovic to step down in 2027

WASHINGTON — General Dynamics President Danny Deep will becom e the company’s c hief executive next year, as longtime CEO ...

October 5 Washington Technology

General Dynamics' Novakovic to hand CEO reins over to Deep

On Jan. 1, Phebe Novakovic will become executive chairman of the board of directors for the company she has led since 2013. General Dynamics' longtime...

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