# General Dynamics

**Source:** https://geo.sig.ai/brands/general-dynamics  
**Vertical:** Manufacturing  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** general-dynamics.com  
**Last Updated:** 2026-04-14

## Summary

Reston VA defense and aerospace (NYSE: GD) $47.7B FY2024 revenue (+12.3%); Gulfstream G800, Virginia/Columbia-class subs, Abrams tanks, $91.4B backlog competing with Lockheed and Northrop.

## Company Overview

General Dynamics Corporation is a Reston, Virginia-based global aerospace and defense company — publicly traded on the New York Stock Exchange (NYSE: GD) as an S&P 500 Industrials component — designing, building, and delivering high-performance aircraft, military vehicles, nuclear submarines, and information technology services through approximately 106,000 employees worldwide. In fiscal year 2024, General Dynamics reported revenues of $47.7 billion (+12.3% year-over-year), with all four business segments contributing to growth: Aerospace (Gulfstream business jets — $12.4B, +22.8%), Marine Systems (Virginia-class and Columbia-class submarines — $14.2B, +15.1%), Combat Systems (wheeled and tracked military vehicles — $7.8B, +4.3%), and Technologies (defense IT and C4ISR — $13.3B, +7.1%). CEO Phebe Novakovic has led General Dynamics through a decade of disciplined capital allocation and backlog growth — the company's total backlog reached $91.4 billion at end of 2024, providing multi-year revenue visibility across defense contracts and Gulfstream aircraft orders. The Gulfstream G700 and G800 ultra-long-range jets entered service in 2023-2024, establishing General Dynamics's business aviation segment as the technological leader in the large-cabin corporate jet market against Bombardier and Dassault.

General Dynamics' defense and aerospace portfolio creates durable competitive advantages through classified program expertise and sole-source submarine construction: General Dynamics Electric Boat (Groton, Connecticut) and Huntington Ingalls Industries are the only two shipyards authorized to build nuclear submarines for the US Navy — Virginia-class attack submarines (72 contracted, 22 delivered, 50 to build) represent a decades-long manufacturing program with no commercial alternative. The Combat Systems segment's Abrams main battle tank (M1A2 SEPv3 and SEPv4 upgrades for US Army, export contracts to Poland and Australia) and Stryker armored combat vehicles are the backbone of US Army ground combat capability — sustaining decades of maintenance, upgrade, and foreign military sale revenues. Gulfstream's G800 (7,500 nautical mile range, longest production business jet ever built) competes with Bombardier's Global 8000 for ultra-long-range corporate travel, with major orders from Fortune 500 companies and sovereign fleet operators.

In 2025, General Dynamics competes in defense systems, nuclear submarines, and business aviation against Lockheed Martin (NYSE: LMT, $71B revenue, fighter aircraft and missiles), Northrop Grumman (NYSE: NOC, $41B revenue, B-21 bomber and space), and Bombardier (TSX: BBD.B, business jets) for US defense procurement contracts, NATO ally foreign military sales, and corporate aviation fleet orders. The Columbia-class ballistic missile submarine program — 12 submarines to be built starting with USS Columbia commissioned in the late 2020s — represents the largest defense acquisition program in US history at $132 billion total, with Electric Boat holding the prime contract. The defense supplemental spending surge (US commitment to NATO allies, Ukraine security assistance, Indo-Pacific deterrence posture) supports increased defense budget authority that benefits General Dynamics across all defense segments. The 2025 strategy focuses on Gulfstream G800 production rate increase, Electric Boat submarine construction capacity expansion (adding workers and facilities at Groton and Quonset Point), and Combat Systems international sales to NATO allies modernizing ground forces.

## Frequently Asked Questions

### What does General Dynamics do?
General Dynamics is a global aerospace and defense company that designs, manufactures, and supports a wide range of military and commercial products. The company operates through four business segments: Aerospace (Gulfstream business jets), Marine Systems (submarines and surface ships), Combat Systems (tanks and armored vehicles), and Technologies (IT services and mission systems). General Dynamics serves military and government customers worldwide, as well as commercial aviation clients.

### Who are General Dynamics' main customers?
General Dynamics' largest customer is the U.S. federal government, accounting for 69% of 2024 revenue, with major contracts from the Department of Defense, U.S. Navy, U.S. Army, and intelligence agencies. Commercial customers represent 14% of U.S. revenue, primarily business aviation clients purchasing Gulfstream jets. International government customers account for 10% of revenue, while non-U.S. commercial customers represent 7%, making General Dynamics a predominantly defense-focused enterprise with diversification into business aviation.

### When was General Dynamics founded?
General Dynamics was formed in 1952 through a merger orchestrated by John Jay Hopkins, who combined submarine manufacturer Electric Boat with aircraft manufacturer Canadair. However, the company's roots trace back to 1899, when Electric Boat Company was established and built the first submarine purchased by the U.S. Navy in 1900. This heritage makes General Dynamics one of America's oldest and most storied defense contractors.

### Where is General Dynamics headquartered?
General Dynamics is headquartered in Reston, Virginia, a suburb of Washington, D.C. The company maintains major facilities across the United States, including Electric Boat in Groton, Connecticut and Quonset Point, Rhode Island; Bath Iron Works in Bath, Maine; NASSCO in San Diego, California; Gulfstream in Savannah, Georgia; and Land Systems facilities in Michigan and Ohio. General Dynamics also operates internationally in more than 45 countries.

### How much revenue does General Dynamics generate?
General Dynamics reported $47.7 billion in revenue for fiscal year 2024, representing a 12.88% increase from 2023. The company generated net income of $3.78 billion with a profit margin of 7.9%. General Dynamics maintains a record backlog of $91.5 billion as of the end of 2024, providing strong visibility into future revenue streams across all business segments.

### What makes General Dynamics different from competitors?
General Dynamics distinguishes itself through vertical integration across the full defense and aerospace value chain, from submarine construction to business aviation to IT services. The company's Gulfstream division provides diversification beyond pure defense, while its submarine and combat vehicle franchises represent essential national security capabilities with high barriers to entry. General Dynamics' reputation for engineering excellence, program execution, and long-term customer relationships has resulted in multi-decade franchise positions in key defense markets.

### Who are General Dynamics' main competitors?
General Dynamics competes with Lockheed Martin (the largest defense contractor), Northrop Grumman, RTX Corporation (formerly Raytheon Technologies), Boeing, BAE Systems, and L3Harris Technologies in various defense segments. In business aviation, Gulfstream competes with Bombardier (Global series), Dassault (Falcon jets), and Textron (Cessna Citation). General Dynamics ranks as the 5th largest defense company globally, with particularly strong positions in submarines, combat vehicles, and business jets.

### How can I contact General Dynamics?
General Dynamics can be reached through its corporate website at www.general-dynamics.com. The company's headquarters address is 11011 Sunset Hills Road, Reston, VA 20190. For investor relations inquiries, contact (703) 876-3195. For media inquiries, contact the corporate communications department. Each business unit (Gulfstream, Electric Boat, Bath Iron Works, Land Systems, Mission Systems, GDIT) also maintains separate contact information for business-specific inquiries.

### Is General Dynamics hiring?
Yes, General Dynamics actively recruits talent across all business segments to support its $91.5 billion backlog and growing programs. The company employs more than 110,000 people worldwide in engineering, manufacturing, IT, program management, and support roles. Career opportunities are posted on the company website and individual business unit career pages. General Dynamics offers competitive compensation, flexible work arrangements including 9/80 schedules, and employee referral bonuses up to $10,000.

### What is the latest news about General Dynamics?
Recent major developments include the January 2025 announcement of record $47.7 billion revenue for fiscal year 2024, representing 12.88% growth. In December 2024, Electric Boat secured $12.4 billion in contract modifications for Virginia-class submarines. In April-August 2025, Gulfstream achieved FAA and EASA certification for the G800 ultra-long-range business jet and delivered the first aircraft. In May 2025, GDIT won a $1.5 billion contract to modernize U.S. Strategic Command IT systems.

### What is General Dynamics' market position?
General Dynamics ranks as the 5th largest aerospace and defense company globally and holds the #1 position in business aviation (Gulfstream), nuclear submarine construction (Electric Boat), and main battle tank production (Abrams). The company has a market capitalization of approximately $84 billion and trades on the New York Stock Exchange under ticker symbol GD. General Dynamics is a Fortune 100 company and S&P 500 constituent with strong credit ratings and consistent dividend growth.

### What are General Dynamics' future plans?
General Dynamics is focused on executing its record $91.5 billion backlog, which includes major submarine, destroyer, and combat vehicle programs extending through the 2030s. The company is investing in next-generation technologies including hypersonics, directed energy, autonomous systems, and advanced manufacturing. Gulfstream is developing future business jet variants with enhanced range and efficiency. The company expects continued strong demand driven by geopolitical tensions, U.S. defense modernization, and international sales growth.

## Tags

b2b, hardware, manufacturing, transportation, public, global, fortune500, enterprise

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*