General Dynamics (GD)

Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $37.9 billion in revenue in 2020.

Company profile

Ticker

Exchange

NYSE

Website

www.generaldynamics.com

CEO

Phebe Novakovic

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Manufacturing > Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing

Industry (SIC)

Ship & Boat Building & Repairing

Huntington Ingalls Industries • Marine Products • MasterCraft Boat • Malibu Boats • Twin Vee PowerCats • Global Boatworks • Medical Innovation • Pegasus International • Vision Marine • Forza X1 ...

SEC CIK

0000040533

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Aeromil (Australia) Pty Ltd • Aeromil Aircraft Engineering Pty Ltd • Aeromil Aviation Services Pty Ltd • Aeromil IT Services Pty Ltd • Aeromil Marine Pty Ltd • Aeromil Pacific Pty Ltd • American Overseas Marine Company, LLC • Applied Physical Sciences Corp. • ARMA Global Corporation • Australian Avionics Pty Ltd ...

IRS number

131673581

GD stock data

1M 1Y 5Y

News

From Benzinga Pro

General Dynamics Bags $1.4B In Contract Modifications From US Navy

5 Aug 22

Where You Can Put Your Money in a Bear Market

5 Aug 22

After more than a decade of astronomical growth, the stock market has steadily declined since early 2022. On June 13, the S&P 500 plunged into a bear market, closing by slightly less than 4%, representing a 21% drop from Jan. 3 high. Technology and Blue-chip stocks got hit as severely, with the NASDAQ plunging 4.7% and Dow Jones Industrial Average (DJIA) shedding roughly 3%.

Curtiss-Wright Secures Contracts To Support Critical US Naval Defense Platforms

3 Aug 22

Analyzing General Dynamics's Short Interest

2 Aug 22

Here's How Much You Would Have Made Owning General Dynamics Stock In The Last 10 Years

29 Jul 22

Press releases

From Benzinga Pro

General Dynamics NASSCO Awarded $1.4 Billion to Build U.S. Navy Ships

5 Aug 22

Contract modifications provide full funding for three ships – ESB 8, T-AO 211, and T-AO 212; and an option to build T-AO 213 SAN DIEGO, Aug. 5, 2022 /PRNewswire/ -- General Dynamics NASSCO, a subsidiary of General

General Dynamics Board Declares Dividend

3 Aug 22

RESTON, Va., Aug. 3, 2022 /PRNewswire/ -- The board of directors of General Dynamics (NYSE:GD) today declared a regular quarterly dividend of $1.26 per share on the company's common stock, payable November 10, 2022,

General Dynamics Electric Boat Awarded $698 million Contract Modification for Overhaul of USS Hartford

29 Jul 22

GROTON, Conn., July 29, 2022 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General dynamics (NYSE:GD), announced today it was awarded a modification of the previously awarded U.S. Navy contract for

General Dynamics Reports Second-Quarter 2022 Financial Results

27 Jul 22

General Dynamics Mission Systems Awarded $272.9 Million Contract for US and UK Submarine Fire Control Systems

20 Jul 22

Analyst ratings and price targets

Last 3 months

Calendar

27 Jul 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart GD financial data

Quarter (USD)	Jul 22	Apr 22	Dec 21	Oct 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.22B	2.22B	2.22B	2.22B	2.22B	2.22B
Cash burn (monthly)	228M	60.58M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	303.13M	80.55M	n/a	n/a	n/a	n/a
Cash remaining	1.92B	2.14B	n/a	n/a	n/a	n/a
Runway (months of cash)	8.4	35.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

GD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Aug 22	Phebe N Novakovic	Common Stock	Sell	Dispose S	No	No	228.15	300	68.45K	781,152
9 Aug 22	Phebe N Novakovic	Common Stock	Sell	Dispose S	No	No	227.494	29,235	6.65M	781,452
9 Aug 22	Phebe N Novakovic	Common Stock	Sell	Dispose S	No	No	226.733	41,926	9.51M	810,687
8 Aug 22	Phebe N Novakovic	Common Stock	Payment of exercise	Dispose F	No	No	228.87	248,799	56.94M	852,613
8 Aug 22	Phebe N Novakovic	Common Stock	Option exercise	Acquire M	No	No	135.85	320,260	43.51M	1,101,412
8 Aug 22	Phebe N Novakovic	Stock Options Common Stock	Option exercise	Dispose M	No	No	135.85	320,260	43.51M	0
5 Aug 22	James S Crown	Phantom Stock Units Common Stock	Grant	Acquire A	No	No	0	18.292	0	3,323.256
5 Aug 22	Danny Deep	Common Stock	Grant	Acquire A	No	No	227.66	25.986	5.92K	17,383.296
1 Aug 22	Gregory S Gallopoulos	Common Stock	Sell	Dispose S	No	No	227.68	11,126	2.53M	113,479
1 Aug 22	Mark Lagrand Burns	Common Stock	Payment of exercise	Dispose F	No	No	225.19	1,326	298.6K	56,909.154

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

GD institutional ownership history Ownership history

86.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1438	1388	+3.6%
Opened positions	159	200	-20.5%
Closed positions	109	93	+17.2%
Increased positions	495	520	-4.8%
Reduced positions	536	453	+18.3%

13F shares	Current	Prev Q	Change
Total value	56.58B	49.6B	+14.1%
Total shares	237.15M	238.57M	-0.6%
Total puts	759.4K	1.09M	-30.2%
Total calls	1.64M	1.14M	+43.2%
Total put/call ratio	0.5	1.0	-51.3%

Largest owners	Shares	Value	Change
Longview Asset Management	30.04M	$7.25B	+0.0%
Vanguard	20.33M	$4.9B	+0.7%
Newport Trust	16.97M	$4.09B	-2.9%
Wellington Management	16.46M	$3.97B	-0.1%
BLK Blackrock	15.46M	$3.73B	+11.1%
STT State Street	10.65M	$2.57B	-1.9%
Capital Research Global Investors	10.23M	$2.47B	-1.7%
BAC Bank Of America	8.15M	$1.97B	+44.2%
JPM JPMorgan Chase & Co.	7.2M	$1.74B	-0.0%
WFC Wells Fargo & Co.	6.27M	$1.51B	+6.5%

Largest transactions	Shares	Bought/sold	Change
BAC Bank Of America	8.15M	+2.5M	+44.2%
Norges Bank	0	-2.33M	EXIT
Massachusetts Financial Services	2.23M	+2.23M	NEW
CFS Investment Advisory Services	2.09M	+2.08M	+23885.0%
Harris Associates L P	1.95M	-1.78M	-47.7%
BLK Blackrock	15.46M	+1.55M	+11.1%
FMR	2.95M	-933.43K	-24.0%
Boston Partners	2.14M	-856K	-28.6%
American Century Companies	418.43K	-695.34K	-62.4%
Castleview Partners	816	-567.64K	-99.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Boeing • Technical Communications • L3Harris • Telos • Leidos • Teledyne FLIR • Oshkosh • Viasat • Viavi Solutions • Elbit Systems

Management Discussion

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services.
In February 2022, Russian forces invaded Ukraine. In response, the United States and several other countries imposed economic and trade sanctions, export controls and other restrictions (collectively, global sanctions) targeting Russia and Belarus. The conflict and these sanctions have caused some disruptions to global economies and some global businesses, including heightened cybersecurity risks, supply chain challenges, increased energy costs and foreign currency exchange rate fluctuations, as well as exacerbated existing inflationary pressures.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: acoustic, AD, AOUSC, Australia, bridge, build, correspondingly, digital, DVH, earth, element, entry, expansion, FAA, family, Firepower, fractional, ground, growing, LEO, low, LRIP, Mobile, MPF, nationwide, November, orbit, permissible, personnel, pressure, removal, shipyard, SOUTHCOM, Southern, Space, unchanged, VA, variant, Veteran

Removed: acquisition, armored, Canadian, light

From filing 10-Q 2022 Q2

Financial reports

View all