General Dynamics reported third-quarter 2026 financial results with revenue reaching $14.6 billion, a 12.9% increase from the prior year period. Diluted earnings per share rose 15.7% to $4.49, while operating earnings grew 14.7% to $1.5 billion, reflecting an operating margin expansion of 20 basis points to 10.5%. The company generated $1.7 billion in cash from operations and reported a robust book-to-bill ratio of 6.8-to-1 on a consolidated basis, driven by significant orders in the Marine Systems segment for submarine programs. Total backlog stood at $220.3 billion with an estimated potential contract value of $50.4 billion. General Dynamics is a global aerospace and defense company that offers products and services in business aviation, ship construction, land combat vehicles, and technology solutions.
