GD General Dynamics Corp.
General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It operates through the following segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. The Aerospace segment delivers a family of Gulfstream aircraft and provides a range of services for Gulfstream aircraft and aircraft produced by other original equipment manufacturers. The Combat Systems segment offers combat vehicles, weapons systems and munitions for the U.S. government and its allies around the world. The Information Technology segment provides technologies, products and services in support of thousands of programs for a wide range of military, federal civilian, state and local customers. The Mission Systems segment provides mission-critical C4ISR products and systems. The Marine Systems segment designs, builds and supports submarines and surface ships. The company was founded on February 21, 1952 and is headquartered in Falls Church, VA.
Company profile
Ticker
GD
Exchange
Website
CEO
Phebe N. Novakovic
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
131673581
Calendar
29 Apr 20
1 Jun 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 8.75B | 10.77B | 9.76B | 9.56B | |
| Net income | 706M | 1.02B | 913M | 806M | |
| Diluted EPS | 3.51 | 3.14 | |||
| Net profit margin | 8.07% | 9.47% | 9.35% | 8.44% | |
| Operating income | 941M | 1.33B | 1.22B | 1.09B | |
| Net change in cash | 4.43B | -72M | 272M | 29M | |
| Cash on hand | 5.33B | 902M | 974M | 702M | |
| Cost of revenue | 8.82B | 7.97B | 7.87B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 39.35B | 36.19B | 30.97B | 30.56B | |
| Net income | 3.48B | 3.35B | 2.91B | 2.57B | |
| Diluted EPS | 11.98 | 11.18 | 9.56 | 8.29 | |
| Net profit margin | 8.85% | 9.24% | 9.40% | 8.42% | |
| Operating income | 4.65B | 4.46B | 4.24B | 3.74B | |
| Net change in cash | -61M | -2.02B | 649M | -451M | |
| Cash on hand | 902M | 963M | 2.98B | 2.33B | |
| Cost of revenue | 32.29B | 29.48B | 24.73B | 24.9B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 27 May 20 | Kimberly A Kuryea | Common Stock | Payment of exercise | Dispose F | 148.595 | 21,289 | 3.16M | 63,556 |
| 27 May 20 | Kimberly A Kuryea | Common Stock | Option exercise | Aquire M | 112.4 | 24,440 | 2.75M | 84,845 |
| 27 May 20 | Kimberly A Kuryea | Stock Options Common Stock | Option exercise | Dispose M | 112.4 | 24,440 | 2.75M | 0 |
| 26 May 20 | Jason W Aiken | Common Stock | Payment of exercise | Dispose F | 145.24 | 40,501 | 5.88M | 90,659 |
| 26 May 20 | Jason W Aiken | Common Stock | Option exercise | Aquire M | 112.4 | 45,090 | 5.07M | 131,160 |
| 26 May 20 | Jason W Aiken | Stock Options Common Stock | Option exercise | Dispose M | 112.4 | 45,090 | 5.07M | 0 |
| 8 May 20 | James S Crown | Phantom Stock Units Common Stock | Grant | Aquire A | 0 | 25.936 | 0 | 3,142.7 |
| 8 May 20 | Danny Deep | Common Stock | Grant | Aquire A | 132.19 | 26.151 | 3.46K | 9,377.451 |
| 8 May 20 | Robert Edward Smith | Common Stock | Grant | Aquire A | 132.19 | 12.083 | 1.6K | 24,174.384 |
Institutional ownership Q1 2020
85.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1052 |
| Opened positions | 96 |
| Closed positions | 174 |
| Increased positions | 425 |
| Reduced positions | 385 |
13F shares |
Current |
|---|---|
| Total value | 141.67B |
| Total shares | 244.79M |
| Total puts | 1.59M |
| Total calls | 1.49M |
| Total put/call ratio | 1.1 |
Largest owners |
Shares | Value |
|---|---|---|
| Longview Asset Management | 32.21M | $4.26B |
| Vanguard | 21.13M | $2.8B |
| Newport Trust | 19.44M | $2.57B |
| Capital Research Global Investors | 16.56M | $2.19B |
| Wellington Management | 15.59M | $2.06B |
| BLK BlackRock | 14.71M | $1.95B |
| STT State Street | 10.75M | $1.42B |
| JPM JPMorgan Chase & Co. | 7.58M | $1B |
| FMR | 6.87M | $908.81M |
| BAC Bank of America | 6.21M | $821.93M |
Financial report summary
?Competition
The Boeing Co. • Argon St • Dynamics Research • Technical Communications • L3Harris • Telos • Leidos • FLIR Systems • Essex • Isc8
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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New words:
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Removed:
accrued, achieved, acquisition, apply, ASC, Asia, awarded, calculate, calculating, Canadian, civilian, closing, Codification, collect, commence, commenced, commencement, composition, consolidating, Consumer, continuing, CPI, CSRA, deemed, discount, driver, East, estate, excluded, Excluding, execute, expedient, expensed, explicitly, FAA, FBO, Firepower, German, hand, Hawker, hindsight, identification, illustrate, implicit, inception, incremental, Index, integrated, leading, leasing, machinery, Middle, minimum, mobile, MPF, November, obtained, obtaining, office, operation, optional, Pacific, pertaining, practical, projected, Protected, real, Reclassification, reconciliation, redeem, rent, resolution, ROU, securing, space, strategy, Subtopic, tangible, term, terminate, trailing, transition, treatment, typical, undiscounted, unpaid, yard
Financial reports
10-Q
2020 Q1
Quarterly report
29 Apr 20
10-K
2019 FY
Annual report
10 Feb 20
10-Q
2019 Q3
Quarterly report
23 Oct 19
10-Q
2019 Q2
Quarterly report
24 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
13 Feb 19
10-Q
2018 Q3
Quarterly report
24 Oct 18
10-Q
2018 Q2
Quarterly report
25 Jul 18
10-Q
2018 Q1
Quarterly report
25 Apr 18
10-K
2017 FY
Annual report
12 Feb 18
Current reports
8-K
Submission of Matters to a Vote of Security Holders
11 May 20
8-K
General Dynamics Reports First-Quarter 2020 Results
29 Apr 20
8-K
Other Events
25 Mar 20
8-K
Other Events
23 Mar 20
8-K
General Dynamics Elects John Stratton to Board of Directors
6 Feb 20
8-K
General Dynamics Reports Fourth-Quarter and Full-Year 2019 Financial Results
29 Jan 20
8-K
General Dynamics Reports Third-Quarter 2019 Results
23 Oct 19
8-K
General Dynamics Elects Jim Mattis to Board of Directors
7 Aug 19
8-K
General Dynamics Reports Second-Quarter 2019 Results
24 Jul 19
8-K
Submission of Matters to a Vote of Security Holders
2 May 19
Registration and prospectus
424B5
Prospectus supplement for primary offering
25 Mar 20
FWP
Free writing prospectus
23 Mar 20
424B5
Prospectus supplement for primary offering
23 Mar 20
S-8
Registration of securities for employees
7 May 19
S-8
Registration of securities for employees
3 Aug 18
424B5
Prospectus supplement for primary offering
10 May 18
FWP
Free writing prospectus
9 May 18
424B5
Prospectus supplement for primary offering
7 May 18
S-8
Registration of securities for employees
4 Apr 18
SC TO-T/A
Third party tender offer statement (amended)
3 Apr 18
Proxies
DEFA14A
Additional proxy soliciting materials
16 Apr 20
DEFA14A
Additional proxy soliciting materials
14 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
DEFA14A
Additional proxy soliciting materials
4 Apr 19
DEFA14A
Additional proxy soliciting materials
21 Mar 19
DEF 14A
Definitive proxy
21 Mar 19
DEFA14A
Additional proxy soliciting materials
16 Apr 18
DEF 14A
Definitive proxy
22 Mar 18
DEFA14A
Additional proxy soliciting materials
22 Mar 18
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
29 May 18
UPLOAD
Letter from SEC
11 Apr 18
UPLOAD
Letter from SEC
3 Nov 17
CORRESP
Correspondence with SEC
19 Oct 17
UPLOAD
Letter from SEC
16 Oct 17
CORRESP
Correspondence with SEC
7 Sep 17
CORRESP
Correspondence with SEC
22 Aug 17
UPLOAD
Letter from SEC
18 Aug 17
Ownership
4
GENERAL DYNAMICS / Kimberly A Kuryea ownership change
28 May 20
4
GENERAL DYNAMICS / Jason W Aiken ownership change
28 May 20
4
GENERAL DYNAMICS / Robert Edward Smith ownership change
12 May 20
4
GENERAL DYNAMICS / Danny Deep ownership change
12 May 20
4
GENERAL DYNAMICS / JAMES S CROWN ownership change
11 May 20
3
GENERAL DYNAMICS / Danny Deep ownership change
7 Apr 20
4
GENERAL DYNAMICS / John G Stratton ownership change
18 Mar 20
4
GENERAL DYNAMICS / LEON RUDY F DE ownership change
18 Mar 20
4
GENERAL DYNAMICS / CECIL D HANEY ownership change
18 Mar 20
4
GENERAL DYNAMICS / LESTER L LYLES ownership change
18 Mar 20
Patents
GRANT
Utility
Systems and methods for recognizing objects in radar imagery
5 May 20
The present invention is directed to systems and methods for detecting objects in a radar image stream.
GRANT
Utility
Monitoring using piezo-electric cable sensing
7 Apr 20
Sensing an environment by confining a monitored live subject in an enclosure, detecting an effect on a coaxial piezoelectric cable resulting from the monitored live subject, wherein the coaxial piezoelectric cable is located at least proximate to the enclosure, and deriving information about a state of the monitored live subject based on the detected effect.
APP
Utility
Systems and Methods for Deep Model Translation Generation
5 Mar 20
Embodiments of the present invention relate to systems and methods for improving the training of machine learning systems to recognize certain objects within a given image by supplementing an existing sparse set of real-world training images with a comparatively dense set of realistic training images.
APP
Utility
Systems and Methods for Deep Model Translation Generation
27 Feb 20
Embodiments of the present invention relate to systems and methods for improving the training of machine learning systems to recognize certain objects within a given image by supplementing an existing sparse set of real-world training images with a comparatively dense set of realistic training images.
APP
Utility
Systems and Methods for Deep Model Translation Generation
27 Feb 20
Embodiments of the present invention relate to systems and methods for improving the training of machine learning systems to recognize certain objects within a given image by supplementing an existing sparse set of real-world training images with a comparatively dense set of realistic training images.