General Dynamics Corporation reports developments across its aerospace and defense portfolio, including Gulfstream business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services. News commonly covers quarterly results, order activity, backlog, cash generation, capital spending and dividend actions.
Company updates also include contract awards and partnerships involving General Dynamics Information Technology, including C5ISR modernization, artificial intelligence and cloud-related defense solutions. Coverage reflects the company's aerospace, marine, combat systems and technologies segments and its role as a supplier to military, government and business aviation customers.
General Dynamics (NYSE:GD) has appointed Amy Johnson as president of its GDIT business unit, effective November 3, 2026. Johnson is a 27-year veteran of General Dynamics Mission Systems, most recently serving as vice president and general manager for Space, Cyber and Intelligence. GDIT provides technology services to the U.S. federal government, defense and intelligence agencies, and other customers.
General Dynamics (GD) will webcast its 2026 third-quarter financial results conference call on October 30 at 9 a.m. EDT.
The live webcast will be available at www.gd.com, with a replay available shortly after the live presentation.
General Dynamics (NYSE:GD) has elected company president Danny Deep as its next CEO, effective January 1, 2027.
Deep will succeed Phebe Novakovic, who will transition to executive chairman after serving as CEO since 2013. Deep has been with General Dynamics for 25 years and became president in 2025. His previous roles include executive vice president of Global Operations, executive vice president of Combat Systems and president of Land Systems. The board elected Deep to the CEO role, while Novakovic will continue serving the company in her new position.
General Dynamics (NYSE: GD) unit General Dynamics Land Systems signed a master teaming agreement with Primordial Labs for natural-language vehicle control. The collaboration pairs the unit's vehicle integration expertise with Anura, Primordial Labs' software for directing systems through spoken goals and constraints. The partners plan to expand integration across the unit's vehicle portfolio, including Abrams tanks and next-generation combat vehicles.
VisionWave (VWAV) accepted a conditional $20 million purchase order for 200 STRATUM VARAN unmanned ground vehicles on September 24, 2026. The buyer, Metal Machinery Components Trading FZCO, is not the end user. Funding proof, a bank guarantee, an advance payment and required approvals must be secured before VisionWave has any production or delivery obligation. None of the conditions had been met as of September 24. VisionWave had received no payment, recognized no order revenue and excluded the order from backlog.
General Dynamics (GD) unit GDIT was awarded a $1.3 billion IT and cybersecurity contract with a one-year base and six one-year option periods. L3Harris (LHX) received an approximately $60 million Air Force sensor-production contract. Palantir (PLTR) and Method Security announced the Cardinal Program, while Textron (TXT) and Merlin introduced an autonomous-aircraft concept. VisionWave paid the publisher $4,900 for coverage of its releases.
General Dynamics (NYSE:GD) unit General Dynamics Information Technology (GDIT) has been awarded the $1.3 billion Enterprise Network Operations and Cybersecurity Support (ENOCS) contract to provide enterprise IT and cybersecurity services for the Army National Guard and other federal partners.
The contract, awarded by the GSA’s Assisted Acquisition Services, has a one-year base period plus six one-year option periods. GDIT will stand up new operations centers, deliver workforce and on-site support, provision technology, and operate, modernize, integrate and defend the Guard’s classified and unclassified networks using advanced AI, data analytics and communications capabilities.
General Dynamics (NYSE: GD) announced that its board of directors has elected Danny Deep, age 56, as a director of the corporation. Deep has served as president of General Dynamics since December 2025 and has been with the company for more than 20 years.
He previously held senior operating roles including executive vice president for Global Operations, executive vice president for Combat Systems, and president of General Dynamics Land Systems. General Dynamics, headquartered in Reston, Virginia, reported $52.6 billion in 2025 revenue and employs more than 120,000 people worldwide.
General Dynamics (NYSE: GD) announced that its board of directors has declared a regular quarterly dividend of $1.59 per share on its common stock. The dividend is payable on November 13, 2026, to shareholders of record as of October 9, 2026.
General Dynamics, based in Reston, Virginia, is a global aerospace and defense company with more than 120,000 employees and generated $52.6 billion in revenue in 2025.
General Dynamics (NYSE: GD) reported that its Electric Boat unit received $29.5 billion for five additional Columbia-class submarines and $42.1 billion for nine additional Virginia-class submarines, plus support for shipyard infrastructure, as part of a broader $76.6 billion U.S. Navy contract announcement.
According to General Dynamics, these contract modifications give Electric Boat and its suppliers demand visibility to invest in capacity and workforce. The company generated $52.6 billion in revenue in 2025 and employs more than 120,000 people worldwide.
General Dynamics (NYSE: GD) reported second-quarter 2026 revenue of $14.1 billion, up 8.1% year over year, with operating earnings of $1.46 billion and diluted EPS of $4.24, up 11.9% and 13.4%, respectively. Operating margin rose 40 basis points to 10.4%.
Net cash from operating activities was $1.9 billion, equal to 162% of net earnings, supporting $429 million in dividends, $234 million in capex, and a $498 million debt reduction. Orders totaled $20 billion with a 1.4x company-wide book-to-bill, lifting backlog to $136.5 billion and total estimated contract value to $186.9 billion. Aerospace and Marine Systems posted double-digit revenue growth and margin expansion, while net debt declined to $3.2 billion.