What is General Dynamics's construction work in progress?

General Dynamics (GD) reported construction work in progress of $1.46B in Q4 2025.

How has General Dynamics's construction work in progress changed year-over-year?

General Dynamics's construction work in progress increased by 24.6% year-over-year, from $1.17B to $1.46B.

What is the long-term trend for General Dynamics's construction work in progress?

Over 5 years (2020 to 2025), General Dynamics's construction work in progress has grown at a 12.8% compound annual growth rate (CAGR), from $802M to $1.46B.

What does construction work in progress mean?

The total cost of capital projects currently being built but not yet operational.

Other

Construction work in progress

General Dynamics Construction work in progress increased by 24.6% to $1.46B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.6%, from $1.17B to $1.46B. Over 5 years (FY 2020 to FY 2025), Construction work in progress shows an upward trend with a 12.8% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryCapital Allocation

SignalContext dependent

VolatilityModerate

First reportedQ4 2017

Last reportedQ4 2025Jan 30, 2026

How to read this metric

An increase suggests active capital expansion, while a decrease may indicate project completion or a slowdown in capital investment.

Detailed definition

Represents the total accumulated costs for capital projects that are currently under construction and not yet placed int...

Peer comparison

Varies significantly by industry; capital-intensive sectors like aerospace and defense typically maintain higher balances.

Metric ID: other_construction_in_progress_gross

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$1.06B	$1.02B	$1.09B	$1.17B	$1.46B
QoQ Change	—	-3.5%	+6.5%	+8.0%	+24.6%
YoY Change	—	-3.5%	+6.5%	+8.0%	+24.6%

Range$1.02B – $1.46B

CAGR+38.3%

Avg YoY Growth+8.9%

Median YoY Growth+7.2%

Current Streak3 quarters growth

Construction work in progress at Other Companies

Parker-HannifinPH View metric

Frequently Asked Questions

What is General Dynamics's construction work in progress?: General Dynamics (GD) reported construction work in progress of $1.46B in Q4 2025.
How has General Dynamics's construction work in progress changed year-over-year?: General Dynamics's construction work in progress increased by 24.6% year-over-year, from $1.17B to $1.46B.
What is the long-term trend for General Dynamics's construction work in progress?: Over 5 years (2020 to 2025), General Dynamics's construction work in progress has grown at a 12.8% compound annual growth rate (CAGR), from $802M to $1.46B.
What does construction work in progress mean?: The total cost of capital projects currently being built but not yet operational.