| May 11, 2026 | management_change | Shareholders elected directors and approved auditor and executive compensation at the annual meeting. |
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| Apr 29, 2026 | earnings | Reported Q1 2026 earnings with $13.5B revenue and $4.10 diluted EPS. |
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| Jan 28, 2026 | earnings | Reported Q4 2025 net earnings of $1.1 billion ($4.17 EPS) and full-year net earnings of $4.2 billion ($15.45 EPS). |
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| Apr 29, 2026 | mda_quarterly | General Dynamics reported a strong first quarter 2026, with consolidated revenue increasing 10.3% to $13.481 billion and operating earnings rising 12.0% to $1.420 billion, resulting in a 10.5% operating margin. The Aerospace segment saw an 8.4% revenue increase, driven by higher Gulfstream aircraft deliveries, including the G800, and robust demand for aircraft services, despite supply chain delays from an Israel-based supplier and inflationary pressures. Marine Systems revenue surged 21.0%, primarily due to increased material and labor volume on Columbia-class and Virginia-class submarine construction and John Lewis-class oilers, reflecting significant U.S. Navy demand and ongoing capacity investments. Combat Systems revenue grew 4.9%, boosted by increased weapon systems and munitions (artillery) and international military vehicle sales in Europe, though U.S. military vehicle demand decreased due to U.S. Army recapitalization and the M10 Booker program termination. Technologies revenue rose 4.2% from higher C5ISR solutions, particularly in space and international markets, and IT services. Total backlog expanded to $130.8 billion, up from $118 billion, notably including a $15.4 billion award for Columbia-class submarines. The defense segments achieved a 2.2-to-1 book-to-bill ratio, while Aerospace was 1.2-to-1. The company generated $2.2 billion in cash from operations, ending with $3.7 billion in cash, and continues to prioritize investments in infrastructure, dividends, and share repurchases. A Sherman Act lawsuit regarding naval architects poses a potential material risk. |
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| Jan 30, 2026 | business | General Dynamics is a global aerospace and defense company experiencing strong demand, reflected in a 30% increase in total backlog to $118 billion in 2025. The company reported 2025 revenue of $52.6 billion, up 10.1%, with operating earnings of $5.4 billion, up 11.7%.
In Marine Systems, robust U.S. Navy shipbuilding demand, particularly for Virginia-class and Columbia-class submarines, drives significant contract awards and capacity investments. Combat Systems sees high demand for munitions due to global conflicts and increased international orders for wheeled and tracked vehicles, though U.S. Army combat vehicle production is slightly down amid funding priority shifts. The Aerospace segment benefits from strong business jet demand, with the new Gulfstream G800 entering service in 2025 and a growing installed base fueling service demand. However, Aerospace margins were impacted by inflationary pressures and supply chain challenges, including disruptions from an Israel-based supplier. The Technologies segment's IT services business faced some impact from federal spending reductions and government shutdowns. Overall performance is significantly influenced by U.S. government spending, geopolitical events, and ongoing supply chain and skilled labor pressures. |
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| Jan 30, 2026 | mda | General Dynamics' 2025 revenue was primarily from Marine Systems (32%), Technologies (26%), Aerospace (25%), and Combat Systems (17%), with 68% derived from the U.S. government, largely via fixed-price (51%) and cost-reimbursement (44%) contracts.
The Aerospace segment, encompassing Gulfstream and Jet Aviation, experienced revenue growth driven by new business jet introductions like the ultra-long-range G800 (entered service 2025) and G700 (entered service 2024), with the G400 and G300 under development. R&D investment is continuous, and Jet Aviation is expanding its global FBO and MRO network, prioritizing sustainable aviation fuel.
Marine Systems is investing heavily in facilities and workforce to address increased U.S. Navy demand for nuclear submarines and surface ships. Major programs include the $125 billion Columbia-class ballistic-missile submarine (first delivery 2028) and 14 Virginia-class attack submarines in backlog through 2034. Bath Iron Works builds Arleigh Burke-class destroyers, while NASSCO focuses on auxiliary and commercial Jones Act ships.
Combat Systems develops land combat solutions, including Abrams tanks and Stryker vehicles, with the M1E3 Abrams and XM30 infantry vehicle in development. The segment is expanding munitions production capacity for artillery, propellants, and solid rocket motors to meet growing global demand.
Technologies, via GDIT and Mission Systems, provides IT modernization, C5ISR, and cybersecurity. GDIT is modernizing CENTCOM's IT infrastructure and CMS's HIGLAS system using AI/ML. Mission Systems delivers high-assurance encryption, resilient radio frequency systems, and critical subsystems for space assets, Navy submarines, and Bluefin Robotics UUVs. |
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