GENERAL DYNAMICS CORPORATION Presence in Critical Infrastructure Protection Solutions
The major portion of General Dynamics’ revenue is generated from the information systems and technology business unit. The company excels in cybersecurity and C4ISR systems. General Dynamics has a large, clientele which includes governments, SMEs, and large enterprises across the globe. The company receives its revenue by offering products, systems, and services, including network security, physical security, radars, surveillance, and communication products and solutions. The company receives a major chunk of its revenue from North America, as more than 77% of the revenue is directed from the US and Canada. The company has a global reach with offices set up in North America, Europe, APAC, MEA, and Latin America. The company receives high-budgeted contracts from the US Army, US Navy, UK Royal Army, UK Royal Navy, UK Ministry of Defense, and other government agencies.
General Dynamics caters products and services to various industry verticals, such as energy and power, power grids, oil and gas, transportation systems, and sensitive infrastructure enterprises. The company has large numbers of channel partners who offer General Dynamics’ products and services to customers across the globe.
The company is highly focused on organic growth strategies. Recently, General Dynamics launched 2 new products which aid in network security and communications. The launch of new products and focus on product enhancements make General Dynamics highly competitive in the CIP market. However, the company does not have a high R&D expenditure. This may be a restraint in the new product development category. The company has adopted various inorganic growth strategies, including partnerships, collaborations, and mergers and acquisitions.