General Dynamicsvs.Lockheed Martin
GD vs LMT · both in Defense integrators, part of the Defense, security & space value chain: The large primes that integrate complete defense systems and platforms.
Lockheed Martin is about 1.3× larger than General Dynamics by market cap.
Side by side
| GD | LMT | |
|---|---|---|
| Market cap | $107B | $138B |
| Price | $376.58 | $556.52 |
| Today | −1.9% | −1.4% |
| Return YTD | +14.0% | +16.6% |
| Return 1Y | +20.1% | +26.4% |
| P/E | 23.8 | 22.0 |
| P/S | 1.9 | 1.8 |
| P/B | 4.0 | 15.8 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
General DynamicsGD
Abrams tanks and land systems at one end, submarines and warships at the other, and in a corner of the group the Gulfstream business jets, which have nothing to do with either.
Full GD profile →Lockheed MartinLMT
The F-35 fighter runs through everything Lockheed Martin does, and there is no bigger defense contractor. Missile defense plus space and satellite systems make up the rest of the work, sold to the US and its allies.
Full LMT profile →More GD & LMT comparisons
Other head-to-heads in the Defense integrators segment.
See where GD and LMT sit in the full Defense, security & space map: every segment from suppliers to end markets.Open the Defense value chain →