General Dynamics is expected to post Q2 2026 revenue of $13.54 billion and an EPS of $3.95, while the stock currently trades at $386.75, slightly below the average analyst price target of $395.74.
Investors are hyper-focused on the Aerospace segment's Gulfstream delivery volumes, specifically the G700 and G800 ramp-up.
Recent performance has been bolstered by a record $118 billion backlog and double-digit growth in Marine Systems driven by the Columbia-class submarine program. However, market participants remain cautious about supply chain predictability for complex aerospace components which has previously caused out-of-station work and delivery delays.