2016 U.S.-Booked Air Volume: $84 million
Principal Online Booking Tool: Concur
Principal Expense Supplier: Concur
According to BTN's estimate, General Dynamics' 2016
U.S.-booked air volume decreased 12 percent from $89 million in 2015. The
global aerospace and defense company's revenue remained fairly flat at $31.4
billion in in 2016. According to the company's annual report, fewer aircraft
deliveries in the company's aerospace group were offset by higher U.S. Navy
engineering and ship construction work in its marine systems group and higher
C4ISR (command, control, communications, computers, intelligence, surveillance
and reconnaissance) solutions volume in its information systems and technology
group. The U.S. government represented 60 percent, or $18.8 billion, of revenue
in 2016, up 5 percent from the previous year. In 2016, General Dynamics secured
more than $25 billion in new orders. At the end of the year, its backlog of
orders, an indicator of demand, totaled $59.8 billion, with $23.3 billion of
work expected to be completed in 2017. Last year, the company acquired aircraft
management and charter services provider Avjet and unmanned underwater vehicles
manufacturer Bluefin Robotics. At the end of the year, it had 98,800 employees.