General Dynamics Corporation

NYSE GD

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General Dynamics Corporation Research and Development (R&D) Expense Ratio 2 year CAGR for the year ending December 31, 2023: 5.75%

General Dynamics Corporation Research and Development (R&D) Expense Ratio 2 year CAGR is 5.75% for the year ending December 31, 2023, a -48.35% change year over year. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • General Dynamics Corporation Research and Development (R&D) Expense Ratio for the year ending December 31, 2022 was 1.22%, a 12.91% change year over year.
  • General Dynamics Corporation Research and Development (R&D) Expense Ratio for the year ending December 31, 2021 was 1.08%, a 9.39% change year over year.
  • General Dynamics Corporation Research and Development (R&D) Expense Ratio for the year ending December 31, 2020 was 0.99%.
NYSE: GD

General Dynamics Corporation

CEO Ms. Phebe N. Novakovic
IPO Date Jan. 3, 1977
Location United States
Headquarters 11011 Sunset Hills Road, Reston, VA, United States, 20190
Employees 111,600
Sector Industrials
Industry Aerospace & defense
Description

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

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StockViz Staff

September 19, 2024

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