General Dynamics (GD) risk factors, FY2025 10-K

General Dynamics's FY2025 10-K, filed Jan 30, 2026, lists 14 risk factors in 4 groups. Against the prior year's 14: no material change.

Risk factors listed
144 groups
New this year
0vs 14 last year
Dropped
0since the prior 10-K
Substantially reworded
0of those kept
Section length
3k wordsItem 1A

What the changes say

  • No new risk factors were identified this year.
  • No prior risks were reported as dropped.
  • No risk-factor wording changes were reported.

What changed since the prior 10-K

Every risk factor carried over with its text substantially unchanged.

All 14 risk factors

Headings as the filing states them, in filing order.

Risks Relating to Our Business and Industry

  1. 01The U.S. government provides a significant portion of our revenue
  2. 02U.S. government contracts are not always fully funded at inception, and any funding is subject to disruption or delay
  3. 03Government contracts are subject to termination rights by the customer
  4. 04Government contractors operate in a highly regulated environment and are subject to audit by the U.S. government
  5. 05Our Aerospace segment is subject to changing customer demand for business aircraft
  6. 06Earnings and margin depend on our ability to perform on our contracts
  7. 07Revenue, earnings and margin depend in part on supplier performance
  8. 08Our success depends in part on our ability to develop new products and technologies and maintain a qualified workforce to meet the needs of our customers

Risks Relating to Our International Operations

  1. 09Operations outside the United States are subject to various risks that may be associated with doing business in foreign countries

Risks Relating to Our Acquisitions and Similar Investment Activities

  1. 10We have made and expect to continue to make investments, including acquisitions and joint ventures, that involve risks and uncertainties
  2. 11Changes in business conditions may cause goodwill and other intangible assets to become impaired

Other Business and Operational Risks

  1. 12Our business could be negatively impacted by cybersecurity events and other disruptions
  2. 13Our business may continue to be negatively impacted by the coronavirus (COVID-19) pandemic and could be negatively impacted by other pandemics and outbreaks
  3. 14Global climate change could negatively affect our business

Other General Dynamics 10-Ks

  • FY2024 10-K risk factors
    14 risks

    Approximately 70% of consolidated revenue comes from the U.S. government, creating exposure to defense budgets and federal priorities.

    Filed Feb 07, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.