General Dynamics

Courtesy of General Dynamics
  • Previous Rank
  • Revenues ($M)
  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
  • Assets ($M)
  • Employees

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.

Company Information

CEOPhebe N. Novakovic
SectorAerospace & Defense
IndustryAerospace and Defense
HQ LocationFalls Church, VA
Years on Global 500 List17

Key Financials (Last Fiscal Year)

Revenues ($M)$31,353
Profits ($M)$2,955
Assets ($M)$32,872
Total Stockholder Equity ($M)$10,976

Profit Ratios

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