On the Record · General Dynamics
General Dynamics acquisitions, on the record
The businesses General Dynamics bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
C5ISR solutions businessWord for word“The Technologies segment’s revenue was up due primarily to strong demand for IT services and the acquisition of a C5ISR solutions business in 2022.” 10-K for 2023 | acquisition | in 2022 | — |
a business in our Aerospace segment and a business in our Technologies segmentWord for word“In the last three years, we acquired a business in our Aerospace segment and a business in our Technologies segment.” 10-K for 2023 | acquisition | In the last three years | — |
FBO operations in Milwaukee, WisconsinWord for word“In 2024, we acquired FBO operations in Milwaukee, Wisconsin, and broke ground on a new facility in Miami, Florida, at Opa Locka Executive Airport, expanding options in the Upper Midwest and on the East Coast for customers based in and traveling across these regions.” 10-K for 2024 | acquisition | In 2024 | — |
Iron EagleX, Inc.Word for word“In 2024, GDIT acquired Iron EagleX, Inc., further expanding its portfolio of mission solutions in AI/ML, cyber, software development and cloud services.” 10-K for 2024 | acquisition | In 2024 | — |
One business in the Aerospace segment, one in the Combat Systems segment and two businesses in the Technologies segment (not named)Word for word“In the last three years, we acquired a business in our Aerospace segment, a business in our Combat Systems segment and two businesses in our Technologies segment.” 10-K for 2024 | acquisition | In the last three years | — |
an FBO at Paris - Le Bourget AirportWord for word“In 2025, Jet Aviation acquired an FBO at Paris - Le Bourget Airport, the busiest business aviation airport in Europe.” 10-K for 2025 | acquisition | In 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $58 million | $31 million |
| 2017-12-31 | $399 million | $297 million |
| 2018-12-31 | $10.1 billion | — |
| 2019-12-31 | $19 million | — |
| 2020-12-31 | $203 million | $137 million |
| 2021-12-31 | — | $87 million |
| 2022-12-31 | — | $336 million |
| 2023-12-31 | — | $16 million |
| 2024-12-31 | — | $206 million |
| 2025-12-31 | — | $114 million |
Deal filings since 2016
- 2018-04-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from General Dynamics’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-01-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.