General Dynamics
-0.47 %
-9.41 %
Yet to be announced
Company Overview
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for commercial customers. The Technologies segment provides information technology solutions and mission support services.
Revenue Sources
PassGeneral Dynamics primarily generates revenue from defense contracts, aerospace manufacturing, shipbuilding, and information technology services. While these activities involve military equipment and defense systems, they are considered permissible from an Islamic finance perspective as they relate to national defense and security. The company does not derive significant revenue from explicitly haram sources like alcohol, gambling, or interest-based financial services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 30, 2025 | $12.22b | $11.04b | - | $89.0m | 0.00% | 0.81% |
| Dec. 31, 2024 | $13.34b | $11.99b | - | $76.0m | 0.00% | 0.63% |
| Sept. 29, 2024 | $11.67b | $10.57b | - | $82.0m | 0.00% | 0.78% |
| June 30, 2024 | $11.98b | $10.9b | - | $84.0m | 0.00% | 0.77% |
Based on the financial data from the last four quarters, interest expense as a percentage of total expenses has consistently remained below 1%. Interest expenses ranged from $78 million to $84 million per quarter, while total expenses were significantly higher, ranging from $9.8 billion to $10.9 billion per quarter. This indicates that interest is not a material part of the company's business model.
Operational Ethics
PassGeneral Dynamics has contracts with various governments for defense and military equipment. While the company maintains business relationships with multiple nations, there is no evidence of direct, material ongoing collaboration with the state of Israel or significant ties to the Chinese Communist Party that would constitute a violation of this criterion.
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