NYSE:GDAerospace & Defense
Why General Dynamics (GD) Is Up 10.4% After Raising 2026 EPS Outlook On Record Defense Backlog
General Dynamics Corporation has already reported first-quarter 2026 results, posting revenue of US$13.48 billion and net income of US$1.13 billion, with diluted EPS from continuing operations of US$4.10, all higher than a year earlier.
The company paired this earnings beat with a raised full-year EPS outlook and record backlog underpinned by strong order intake and heightened global defense demand.
We’ll now examine how this combination of raised earnings guidance and record backlog...