Comparing Cost of Revenue Efficiency: Lockheed Martin Corporation vs General Dynamics Corporation

A Decade of Cost Efficiency: Lockheed Martin vs General Dynamics

In the competitive landscape of defense contracting, cost efficiency is paramount. Over the past decade, Lockheed Martin Corporation and General Dynamics Corporation have showcased contrasting trends in their cost of revenue. From 2014 to 2023, Lockheed Martin consistently outperformed General Dynamics, with its cost of revenue peaking at approximately $59 billion in 2023, a 47% increase from 2014. In contrast, General Dynamics saw a more modest rise, reaching around $35 billion in 2023, marking a 42% increase over the same period.

Key Insights

• Lockheed Martin's Growth: The company demonstrated a robust upward trajectory, with a notable surge in 2023.
• General Dynamics' Stability: Despite a steady increase, General Dynamics maintained a more conservative growth pattern.

The data for 2024 is incomplete, highlighting the need for ongoing analysis to understand future trends in cost efficiency.