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General Dynamics GD Combat Systems — Number of businesses acquired

Other segment segments

Technologies
20.0%

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Other financials

Income statement

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Revenue$14.1B+8.1%
Operating income$1.5B+11.9%
Net income$1.2B+14.4%
EPS (diluted)$4.24+13.4%

Balance sheet

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Cash & equivalents$4.3B+185%
Total debt$10.8B+1.0%
Total equity$26.8B+13.8%
Total assets$60.2B+5.8%

Cash flow

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Operating cash flow$1.9B+17.6%
CapEx$234.0M+18.2%
Free cash flow$1.6B+17.6%

Valuation

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Market cap$103.41B+23.4%
Enterprise value$109.86B+18.2%
P/E23.1×+2.5×
P/S1.9×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.3%0.0pp
Net margin8.2%+0.1pp
FCF margin11.8%+3.5pp

Returns & leverage

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Return on equity17.8%-0.1pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:NumberOfBusinessesAcquired.

The official record: General Dynamics’s 10-K, filed January 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's combat systems — number of businesses acquired?
General Dynamics (GD) reported combat systems — number of businesses acquired of 0.5 in Q4 2025.
How has General Dynamics's combat systems — number of businesses acquired changed year-over-year?
General Dynamics's combat systems — number of businesses acquired increased by 100.0% year-over-year, from 0.3 to 0.5.
What is the long-term trend for General Dynamics's combat systems — number of businesses acquired?
Over 2 years (2021 to 2025), General Dynamics's combat systems — number of businesses acquired has grown at a 0.0% compound annual growth rate (CAGR), from 2 to 2.
What does combat systems — number of businesses acquired mean?
This metric tracks the total count of distinct corporate entities or business units integrated into the segment during the fiscal period. It serves as a primary indicator of inorganic growth strategy and the expansion of the segment's technological or manufacturing capabilities. Monitoring this figure helps investors assess the pace of consolidation and the segment's commitment to scaling through external acquisitions.