Defense contractor reports $4.24 EPS and $14.1 billion revenue, exceeding analyst expectations for the quarter.
General Dynamics posted second-quarter GAAP earnings of $4.24 per share, surpassing estimates by $0.27. Revenue reached $14.1 billion, an 8.5% year-over-year increase and $560 million above forecasts.
The company’s defense segments secured $14.7 billion in orders, while its aerospace unit added $5.3 billion. Revenue growth was driven by higher demand across both divisions, reflecting strong backlog execution.
Shares showed muted reaction in after-hours trading as investors digested the results against broader sector trends.