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General Dynamics Q3 Revenue Rises 12.9%; Backlog Sets Record at $220B

General Dynamics reported quarterly revenue of $14.57 billion for the quarter ended October 4, up 12.9% year over year. Sales grew across all four business segments, and major submarine awards drove a surge in orders.

GD

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02:31:46 PM UTC
SquawkNews
General Dynamics reported third-quarter 2026 revenue of $14.57 billion and net income of $1.23 billion, up 12.9% and 16.1%, respectively, from a year earlier. Diluted EPS rose 15.7% to $4.49, with revenue growth across all four segments.Financial Highlights¹ Reported as “Revenue”. ² Reported as “Ne…

General Dynamics (GD) reported better-than-expected third-quarter results on Friday, with sales growing across all four business segments and major submarine awards driving a surge in orders.The defense contractor reported revenue of $14.57 billion for the quarter ended on October 4, up 12.9% from…

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