General Dynamics lifts profit forecast after Q1 beat
General Dynamics raised its 2026 profit forecast after beating quarterly estimates. Strong marine and aerospace demand drove revenue to $13.48 billion.
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GENERAL DYNAMICS CORP raised its 2026 profit guidance to $16.55 per share after Q1 earnings beat Wall Street estimates by $0.42. Shares jumped 10% in early trading Wednesday, the largest single-day gain for the United States defense contractor since 2008. Sustained global conflict and a $1.5 trillion federal defense budget are fueling record backlogs and a recovery in cash flow.
