General Dynamics

#4 Defense Contractor · FY2024

Builds Virginia and Columbia-class nuclear submarines (via Electric Boat), M1 Abrams tanks (via Land Systems), Gulfstream business jets, and IT systems. Fourth-largest defense contractor.

FY2024 Contracts
$12.5B
Rank
#4
Subsidiaries
3

5-Year Contract Trend

FY2020
$14.7B
FY2021
$12.2B
FY2022
$14.7B
FY2023
$15.6B
FY2024
$12.5B

Subsidiaries & Divisions

EntityFY2024 Awards
ELECTRIC BOAT CORPORATION$8.6B
GENERAL DYNAMICS LAND SYSTEMS INC.$2.6B
GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC.$1.3B

Follow the Money

General Dynamics received $12.5B from the Department of Defense in FY2024 alone. Defense contractors spend millions on lobbying and campaign contributions to ensure continued government spending. Every dollar in defense contracts is a dollar not spent on education, healthcare, or infrastructure.