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: 10,000+
Industry: Aerospace & Defense

Last updated Today

Latest news about General Dynamics (GD)

In short: General Dynamics reported a record $131 billion backlog and strong Q1 2026 earnings, while securing a massive $15.4 billion Navy contract.

Company announcements

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.

July 29 GD

General Dynamics reports second-quarter 2026 financial results

Revenue $14.1B, up 8.1%; diluted EPS $4.24, up 13.4%; operating cash flow $1.9B.

July 28 GD

General Dynamics announces personnel moves

Doug Ritter and Erica Striebel appointed co-VPs of Government Relations; Betsy Schmid leaves.

June 3 GD

GD board declares quarterly dividend of $1.59 per share

Payable August 7, 2026, to shareholders of record on July 2, 2026.

Media coverage

July 31 GovCon Wire

General Dynamics Q2 2026 Revenue Rises 8.1 Percent to $14.1B, Backlog Hits $136.5B

Backlog reached a record $136.5 billion and the company raised full-year earnings guidance to a range of $16.80 to $16.90 per share.

July 30 Affärsvärlden

Pentagon signs contracts worth over 120 billion dollars

The U.S. Department of Defense has awarded contracts worth over 120 billion dollars to increase production of Patriot missiles and nuclear-powered submarines, reports the Wall Street Journal.

July 29 Seeking Alpha

General Dynamics forecasts 2026 revenue of about $55.7B and EPS of $16.80-$16.90 as backlog reaches $136.5B (NYSE:GD)

General Dynamics (GD) Q2 2026 earnings call highlights: $4.24 EPS, record $136.5B backlog, raised 20...

July 29 The National Interest

US Navy to Pay $76 Billion for 14 New Submarines

The contract, awarded to Huntington Ingalls Industries and General Dynamics Electric Boat, will expand the US Navy’s fleet of Virginia- and Columbia-class submarines.

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