Q1 EPS Surges 12% to $4.10: Backlog Swells 48% as General Dynamics Raises Full-Year Guidance (GD Q1 2026 Earnings Call)
General Dynamics opened the year with formidable financial and operational momentum, delivering double-digit earnings growth and a massive surge in total backlog. Operating against a backdrop of elevated global threat environments and robust business aviation demand, the company demonstrated exceptional execution across all four of its business segments. This broad-based outperformance, coupled with significant free cash flow generation, prompted management to confidently upgrade its full-year earnings expectations.