Segmentwise Revenue of General Dynamics
General Dynamics Segmentwise Revenue 2016-2021
Amounts are in $millions.
General dynamics has divided its business into four segments starting 2020. These segments include Aerospace, combat systems, technologies, and marine systems.
Segment | 2019 | 2020 | 2021 |
Aerospace | $9,801 | $8,075 | $8,135 |
Combat Systems | $7,007 | $7,223 | $7,351 |
Technologies | $13,359 | $12,648 | $12,457 |
Marine Systems | $9,183 | $9,979 | $10,526 |
Total | $39,350 | $37,925 | $38,469 |
The technologies segment that includes IT services and C5ISR solutions is the largest segment of General Dynamics based on net revenues. In 2021, the company generated $13,359 million from technologies in comparison to $12,648 million in 2020. Aerospace was the second largest segment of General Dynamics in 2021 based on net revenues followed by Marine systems. The aerospace segment generated $9.8 billion in net revenues in 2021 compared to $8.08 billion in the previous year. The marine systems segment generated $9.2 billion in net revenues in 2021 compared to $9.98 billion in 2020.
Segment | 2018 | 2017 | 2016 |
Aerospace | $8,455 | $8,129 | $7,815 |
Combat Systems | $6,241 | $5,949 | $5,530 |
Information technology | $8,269 | $4,410 | $4,428 |
Mission Systems | $4,726 | $4,481 | $4,716 |
Marine Systems | $8,502 | $8,004 | $8,072 |
Total | $36,193 | $30,973 | $30,561 |
General Dynamics runs its business through five operating segments that include: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. Marine systems, Aerospace and Information technology are the three largest operating segments of General Dynamics.