General Dynamics CEO warns of government shutdown effects

General Dynamics boasted nearly $12.91 billion in revenue in the third quarter of 2025 as well as increased submarine production, according to the company’s earnings call Friday. But gains were tempered by worries about the potential effects of an extended government shutdown.“On a company-wide basis, we see annual revenue of around $52 billion and margins of around 10.3 percent,” General Dynamics CEO Phebe Novakovic said of the company’s outlook for the rest of the year.