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  • Previous Rank88
  • Revenues ($M)$31,353
  • Revenue Percent Change-0.4%
  • Profits ($M)$2,955
  • Profits Percent Change-0.3%
  • Assets ($M)$32,872
  • Employees98,800
  • Market Value — as of March 31, 2017 ($M)$56,791

Like the rest of the big defense contractors, General Dynamics’ financial performance has been buoyed, for the most part, by expectations of increased defense spending under President Trump, even if other parts of the federal budget get slashed. Under CEO Phebe Novakovic, a former CIA operations officer, the company has reined in spending. Known for building tanks and nuclear submarines, General Dynamics has been focusing its funds on investing in R&D, repurchasing stock, and kicking back steady dividends to shareholders rather than shelling out on big acquisitions. Last year the company bought back 14.2 million shares for $2 billion, down slightly from years prior. Secretary of Defense James Mattis divested his stock and resigned from the company’s board after his Senate confirmation.

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Company Info

CEO
Phebe N. Novakovic
CEO Title
Chairman & Chief Executive Officer
Sector
Aerospace & Defense
Industry
Aerospace and Defense
HQ Location
Falls Church, VA
Websitehttp://www.generaldynamics.com
Years on Fortune 500 List23
Employees98,800

General Dynamics Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$31,353-0.4%
Profits ($M)$2,955-0.3%
Assets ($M)$32,872-
Total Stockholder Equity ($M)$10,976-
Market Value — as of March 31, 2017 ($M)$56,791-

Profit Ratios

Profit as % of Revenues9.4%
Profits as % of Assets9%
Profits as % of Stockholder Equity26.9%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)9.52
EPS % Change (from 2015)4.8%
EPS % Change (5 year annual rate)6.7%
EPS % Change (10 year annual rate)7.6%

Total Return

Total Return to Investors (2016)28.2%
Total Return to Investors (5 year, annualized)23.9%
Total Return to Investors (10 year, annualized)11.3%