General Dynamics (NYSE: GD) reported Q2 EPS of $2.61, $0.07 better than the analyst estimate of $2.54. Revenue for the quarter came in at $9.2 billion versus the consensus estimate of $9.3 billion.

Backlog at the end of second-quarter 2021 was $89.2 billion.

"The company performed impressively this quarter, delivering very strong cash flow, improved margins and significant Aerospace order activity," said Phebe N. Novakovic, chairman and chief executive officer. "Emerging from the pandemic, we remain focused on operating discipline and wise deployment of capital."

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