General Dynamics Posts Double-Digit Profit Growth on Defense Demand

Defense giant General Dynamics reported Q3 revenue of US$12.91 billion, an 11% quarter-over-quarter increase driven by stronger government contract flows and rising defense procurement spending. Net income reached US$1.06 billion, lifting operating margins across aerospace and combat segments. Shares rose 3.2% intraday as analysts projected fiscal-year earnings upgrades amid continued Pentagon orders and backlog expansion. The company’s management highlighted steady funding visibility from multi-year defense appropriations, suggesting resilient growth through 2026 despite inflationary pressures on input costs.