General Dynamics Corporation

Industry: Aerospace Defence

Fortune Rank: 69

For the nine months ended 3 October 2005, General Dynamics Corporation revenues increased 11% to $15.41B. Net income from continuing ops. increased 21% to $1.06B. Revenues reflect increased sales from all major segments of the Group. Net income also reflects significant growth in gross profit margins, decreased interest expense and other non operating expenses. The Company supplies defense sophisticated systems in US and its allies.

General Dynamics Corporation (General Dynamics) is engaged in mission-critical information systems and technologies; land and expeditionary combat vehicles, armaments and munitions; shipbuilding and marine systems, and business aviation. General Dynamics has four primary business groups: Information Systems and Technology, Combat Systems, Marine Systems and Aerospace. It also operates a small Resources group. During the year ended December 31, 2004, the Company acquired Spectrum Astro, Inc. and TriPoint Global Communications Inc. In November 2004, General Dynamics acquired Engineering Technology Inc. In March 2005, the Company acquired the Propulsion Systems business unit of General Dynamics. In April 2005, the Company acquired MAYA Viz Ltd., a privately held company based in Pittsburgh, that provides enhanced visualization and collaboration technologies that support realtime, decision-making.

General Dynamics Corporation

General Dynamics Corporation is a Fortune 500 company. In 2010 General Dynamics Corporation was ranked number 69 on the Fortune 500 list, making it the 69th largest company in the United States when judged by revenue.

General Dynamics Corporation achieved revenue of $31,981.00 million in 2010 and earned a profit of $2,394.00 million.

General Dynamics Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 69th compared to 83rd in 2009. This was based on its 2009 revenue of $29,302 million (a change of 2 million compared to 2010) and profits of $2,459 million (a change of $0 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then General Dynamics Corporation would be ranked 57th rather than 69th due to its profits of $2,394 in 2010.

General Dynamics Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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