| Stage | GD | % of rev | HII | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $14.6B | 100.00% | $3.5B | 100.00% | GD ×4.12 |
| Gross profit | $2.2B | 15.44% | $480M | 13.57% | GD +1.9pp |
| Operating income | $1.5B | 10.48% | $220M | 6.22% | GD +4.3pp |
| Pre-tax income | $1.5B | 10.20% | $275M | 7.77% | GD +2.4pp |
| Net income | $1.2B | 8.44% | $217M | 6.14% | GD +2.3pp |
| Stage | GD | HII | Gap · A − B |
|---|---|---|---|
| Revenue | $14.6B100.00% | $3.5B100.00% | GD ×4.12 |
| Gross profit | 15.44%$2.2B | 13.57%$480M | GD +1.9pp |
| Operating income | 10.48%$1.5B | 6.22%$220M | GD +4.3pp |
| Pre-tax income | 10.20%$1.5B | 7.77%$275M | GD +2.4pp |
| Net income |
| 8.44%$1.2B |
| 6.14%$217M |
| GD +2.3pp |
GD 10-KFeb 7 '25
“Revenue from U.S. Navy ship construction and engineering was up in 2024 due primarily to increased volume on the Columbia-class and Virginia-class submarine programs.”
HII 10-KFeb 6 '25
“The majority of our business consists of the design, construction, repair, and maintenance of nuclear-powered ships and non-nuclear ships for the U.S. Navy and coastal defense surface ships for the U.S. Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the U.S. Navy.”