General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government; it receives over 3% of total spending by the federal government of the United States on contractors.[4]
The company is ranked 96th on the Fortune 100[5] and 242nd on the Forbes Global 2000.[6] In 2024, 69% of revenue was from the federal government of the United States, 14% was from U.S. commercial customers, 10% was from non-U.S. government customers and 7% was from non-U.S. commercial customers.[7]
The company was formed in 1952 via the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair.[8]
History
1899–1920
Isaac Leopold Rice bought the Holland Torpedo Boat Company from John Philip Holland in 1899.[9][10] Holland continued to work at the company as chief engineer and the company was renamed Electric Boat Company.[11] Electric Boat was responsible for designing and building the USS Holland (SS-1), purchased by the United States Navy in 1900 for $150,000 (roughly $5.75M in 2025).[12]
Electric Boat also sold modified Holland-class
Operations
The company's Gulfstream Aerospace division (23% of 2024 revenues) produces business jets including the Gulfstream G650/G700/G800 series and offers business aircraft services under Jet Aviation.[101][7] The company's marine systems division (30% of 2024 revenues) designs and builds nuclear submarines and includes Bath Iron Works, General Dynamics Electric Boat, and National Steel and Shipbuilding Company.[7] The company's combat systems division (19% of 2024 revenues) includes General Dynamics Land Systems,[102] General Dynamics European Land Systems (GDELS), Steyr-Daimler-Puch
Acquisitions timeline
20th-century acquisitions
21st-century acquisitions
Divestitures
Corporate affairs
Corporate governance
General Dynamics current chairman and chief executive officer is Phebe Novakovic.
As of December 2022.[180]
Financials
Carbon emissions
General Dynamics reported Total CO2e emissions (Direct + Indirect) for 2021 at 696,118 mt (-8.7% year over year) and aims to reducing greenhouse gas emissions 40% by 2034. The company is on track to become carbon neutral before 2060.
See also
- Top 100 Contractors of the U.S. federal government
- List of companies headquartered in Northern Virginia
- List of military aircraft of the United States
- List of United States defense contractors
- List of current ships of the United States Navy
- List of currently active United States military land vehicles
- List of shipbuilders and shipyards
Further reading
- Wegg J., General Dynamics aircraft and their predecesssors, Putnam, London (U.K.), 1990
External links
References
- Leadership www.gd.com, retrieved 2025-12-21^
- Kate Andrews. General Dynamics' Deep promoted to president Virginia Business, 2025-12-05, retrieved 2026-03-10^
- General Dynamics Corporation 2025 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, January 30, 2026