GD · 10-Q · 2026Q4

GENERAL DYNAMICS CORP

Filed 2026-10-30 · Automotive · View original filing on EDGAR

Everything GD's SEC filings said, ranked

Ranked Events

• Guidance / OutlookImportance 75 · Surprise 60
  General Dynamics updated its previously issued 2026 full-year outlook in its third-quarter 2026 filing. It expects revenue of $56.5 billion to $56.8 billion and an operating margin around 10.5%. Management also expects…
• Backlog and Book-to-BillImportance 75 · Surprise 64
  Total backlog, including funded and unfunded work, reached $220.3 billion at October 4, 2026, versus $136.5 billion at the end of the prior quarter; total estimated contract value was $270.7 billion. Aerospace backlog…
• Operating Cash Flow TrendsImportance 73 · Surprise 64
  Cash provided by operating activities increased to $5.745 billion in the first nine months of 2026 from $3.559 billion in the comparable 2025 period. Lower operating working capital, particularly in Combat Systems and…
• Submarine Production Ramp And InvestmentImportance 71 · Surprise 82
  The company reports significant U.S. Navy shipbuilding demand, particularly for submarines, and says it has invested significantly in facilities and workforce to increase production capacity. It expects to continue…
• Submarine Production RampImportance 61 · Surprise 42
  General Dynamics reports significant U.S. Navy demand for shipbuilding, particularly submarines, and says it has invested in facilities and workforce to expand production capacity. The heightened demand is pressuring…
• Capital Expenditure ProgramImportance 59 · Surprise 64
  Capital expenditures were $918 million in the first nine months of 2026, up 66% from $552 million in the same 2025 period. Capital expenditures were the primary use of cash in investing activities, which used $900…
• Liquidity and Debt PositionImportance 55 · Surprise 56
  Cash and equivalents were $4.4 billion at the end of the third quarter of 2026, compared with $2.3 billion at year-end 2025. The company repaid $1.0 billion of fixed-rate notes at maturity, consisting of $500 million…
• Business Aviation DemandImportance 50 · Surprise 24
  General Dynamics reports strong demand for business jets in its principal commercial market and expects its new Gulfstream aircraft family to continue supporting demand. The G800 entered service last year, while the…
• Revenue Performance and MixImportance 49 · Surprise 40
  Consolidated revenue increased 12.9% to $14.566 billion in the third quarter of 2026 and 10.4% to $42.141 billion in the first nine months, with growth across all four operating segments. Nine-month revenue rose 10.9%…
• Interest Expense TrendsImportance 46 · Surprise 56
  Net interest expense decreased to $163 million in the first nine months of 2026 from $251 million in the prior-year period, a decline of approximately 35%. The decrease reflected lower interest expense associated with…
• Combat Systems Demand TrendsImportance 40 · Surprise 24
  General Dynamics is developing next-generation combat vehicles and artillery as the U.S. Army reviews funding priorities and transitions toward next-generation vehicles; the company expects near-term combat-vehicle…
• Quarterly Dividend DeclarationImportance 28 · Surprise 14
  On March 9, 2026, the board declared a quarterly dividend of $1.59 per share, marking the company’s 29th consecutive annual increase. The quarterly dividend had been raised to $1.50 per share in March 2025. Cash…
• Operating Margin DriversImportance 26 · Surprise 32
  Consolidated operating margin increased 20 basis points to 10.5% in the third quarter and 30 basis points to 10.5% in the first nine months of 2026, reflecting improved operating performance in Aerospace and Marine…
• Share Repurchase ProgramImportance 14 · Surprise 6
  General Dynamics repurchased approximately $600 million of shares in the first nine months of 2026 to cover dilution, matching the amount repurchased in the same 2025 period. At October 4, 2026, 5.1 million shares…
• Aerospace Supply Chain ConstraintsImportance null · Surprise 24
  Aircraft production depends on the Aerospace supply chain, whose performance has improved and overall condition has stabilized. General Dynamics nevertheless experienced delays, including at an Israel-based supplier of…

Revenue by Product (in millions)