General Dynamics Net Worth (Updated 2026).
General Dynamics, a name now synonymous with defense and aerospace, traces its roots back to 1899 when it was founded by John P. Myers in the small town of Groton, Connecticut. Originally named the Electric Boat Company, it started as a pioneering venture in submarine manufacturing, marking the beginning of a long and illustrious career in the defense industry.
The company’s breakthrough came in 1900 when it successfully launched the first modern submarine, the Holland VI, for the U.S. Navy. This innovative design, featuring an internal combustion engine and electric motor, revolutionized naval warfare and catapulted the company into the limelight. From these humble beginnings, General Dynamics began to build a reputation for excellence and innovation that would carry it through the 20th century and into the present day.
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General Dynamics’ Current Net Worth (2025)
As of 2025, General Dynamics’ current net worth is approximately $64 billion, according to the latest available information.
Career
Founded in 1899, General Dynamics has evolved from a small construction company to a global aerospace and defense corporation. It’s renowned for producing a wide range of products, including military vehicles, combat systems, and business jets. The company’s success is built on its ability to adapt and innovate over the years.
Other Ventures
General Dynamics is involved in various other ventures besides its core defense and aerospace businesses. These include information technology and mission-critical technology solutions for government and commercial customers. The company also has a significant presence in the marine sector, with its Bath Iron Works and NASSCO shipyards.
Assets
General Dynamics’ assets are vast and diverse, reflecting its broad range of operations. As of 2021, the company’s total assets were valued at over $87 billion. This includes significant investments in research and development, as well as extensive real estate holdings related to its various facilities and operations.
Annual Income
In 2021, General Dynamics reported a total revenue of $39.9 billion, marking a significant increase from the previous year. This impressive annual income is a testament to the company’s strong performance and its ability to secure major contracts in the defense and aerospace sectors.
Frequently Asked Questions about General Dynamics
**Frequently Asked Questions: General Dynamics Net Worth**
Q1: What is General Dynamics’ net worth?
General Dynamics’ net worth is estimated to be over $60 billion.
Q2: How does General Dynamics generate its revenue?
General Dynamics operates through five business segments: Aerospace, Combat Systems, Information Technology, Marine Systems, and Mission Systems. These segments provide products and services to defense, federal civilian government, and commercial customers worldwide.
Q3: Who is the CEO of General Dynamics?
The current CEO of General Dynamics is Phebe Novakovic.
Q4: When was General Dynamics founded?
General Dynamics was founded in 1899.
Q5: Where is General Dynamics’ headquarters located?
The company’s headquarters is in Reston, Virginia, USA.
Q6: What are some of the products and services offered by General Dynamics?
General Dynamics offers a wide range of products and services, including military aircraft, combat vehicles, weapons systems, IT services, shipbuilding, and business aviation. Some of its notable products are the Gulfstream business jets, the M1 Abrams tank, and the Virginia-class submarine.
Q7: How many employees does General Dynamics have?
As of 2021, General Dynamics has approximately 100,000 employees worldwide.
Q8: What is General Dynamics’ stock ticker symbol?
The stock ticker symbol for General Dynamics is GD on the New York Stock Exchange (NYSE).
Q9: How does General Dynamics contribute to the community?
General Dynamics supports various community initiatives through its Foundation, focusing on education, veterans’ issues, and community development. The company also encourages employee involvement in community service through its “Be a Hero” volunteer program.
Q10: What are the future growth prospects for General Dynamics?
General Dynamics’ future growth prospects are tied to global defense spending, technological advancements, and strategic acquisitions. The company continues to invest in research and development to maintain its competitive edge and expand its offerings in the defense and technology sectors.
