v3.25.3
Revenue (Tables)
 9 Months Ended
Sep. 28, 2025
Revenue Recognition [Abstract]  
Schedule of Impact of Adjustments in Contract Estimates The aggregate impact of adjustments in contract estimates changed our revenue, operating earnings and diluted earnings per share as follows:
Three Months EndedNine Months Ended
September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Revenue$81 $62 $214 $211 
Operating earnings57 (12)119 101 
Diluted earnings per share$0.17 $(0.03)$0.35 $0.29 
Revenue by Major Product Line
Revenue by major products and services was as follows:
Three Months EndedNine Months Ended
September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Aircraft manufacturing$2,293 $1,686 $6,590 $5,014 
Aircraft services941 796 2,732 2,492 
Total Aerospace3,234 2,482 9,322 7,506 
Nuclear-powered submarines3,166 2,630 9,054 7,496 
Surface ships642 658 2,012 2,023 
Repair and other services288 311 839 864 
Total Marine Systems4,096 3,599 11,905 10,383 
Military vehicles1,231 1,295 3,730 3,850 
Weapons systems, armament and munitions742 658 2,169 2,033 
Engineering and other services279 259 812 719 
Total Combat Systems2,252 2,212 6,711 6,602 
Information technology (IT) services2,229 2,220 6,912 6,556 
C5ISR* solutions1,096 1,158 3,321 3,331 
Total Technologies3,325 3,378 10,233 9,887 
Total revenue$12,907 $11,671 $38,171 $34,378 
*Command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance
Revenue by Contract Type
Revenue by contract type was as follows:
Three Months Ended September 28, 2025AerospaceMarine SystemsCombat SystemsTechnologiesTotal
Revenue
Fixed-price$2,968 $1,664 $1,930 $1,364 $7,926 
Cost-reimbursement— 2,432 306 1,472 4,210 
Time-and-materials266 — 16 489 771 
Total revenue$3,234 $4,096 $2,252 $3,325 $12,907 
Three Months Ended September 29, 2024
Fixed-price$2,250 $1,666 $1,957 $1,359 $7,232 
Cost-reimbursement— 1,933 238 1,503 3,674 
Time-and-materials232 — 17 516 765 
Total revenue$2,482 $3,599 $2,212 $3,378 $11,671 
Nine Months Ended September 28, 2025AerospaceMarine SystemsCombat SystemsTechnologiesTotal
Revenue
Fixed-price$8,527 $5,665 $5,731 $4,250 $24,173 
Cost-reimbursement— 6,237 933 4,484 11,654 
Time-and-materials795 3 47 1,499 2,344 
Total revenue$9,322 $11,905 $6,711 $10,233 $38,171 
Nine Months Ended September 29, 2024
Fixed-price$6,772 $4,893 $5,844 $4,033 $21,542 
Cost-reimbursement— 5,489 706 4,350 10,545 
Time-and-materials734 1 52 1,504 2,291 
Total revenue$7,506 $10,383 $6,602 $9,887 $34,378 
Revenue by Customer
Revenue by customer was as follows:
Three Months Ended September 28, 2025AerospaceMarine SystemsCombat SystemsTechnologiesTotal
Revenue
U.S. government:
Department of War (DoW)$85 $4,050 $1,237 $1,953 $7,325 
Non-DoW— 2 1 1,208 1,211 
Foreign military sales (FMS)4 42 201 4 251 
Total U.S. government89 4,094 1,439 3,165 8,787 
U.S. commercial2,031 — 53 40 2,124 
Non-U.S. government363 2 693 110 1,168 
Non-U.S. commercial751 — 67 10 828 
Total revenue$3,234 $4,096 $2,252 $3,325 $12,907 
Three Months Ended September 29, 2024
U.S. government:
DoW$83 $3,571 $1,274 $1,981 $6,909 
Non-DoW— — 1 1,238 1,239 
FMS9 28 211 7 255 
Total U.S. government92 3,599 1,486 3,226 8,403 
U.S. commercial1,586 — 61 48 1,695 
Non-U.S. government294 — 631 98 1,023 
Non-U.S. commercial510 — 34 6 550 
Total revenue$2,482 $3,599 $2,212 $3,378 $11,671 
Nine Months Ended September 28, 2025AerospaceMarine SystemsCombat SystemsTechnologiesTotal
Revenue
U.S. government:
DoW$240 $11,791 $3,654 $6,082 $21,767 
Non-DoW— 2 6 3,648 3,656 
FMS14 106 604 11 735 
Total U.S. government254 11,899 4,264 9,741 26,158 
U.S. commercial4,869 2 183 132 5,186 
Non-U.S. government757 4 2,127 335 3,223 
Non-U.S. commercial3,442 — 137 25 3,604 
Total revenue$9,322 $11,905 $6,711 $10,233 $38,171 
Nine Months Ended September 29, 2024
U.S. government:
DoW$187 $10,280 $3,742 $5,767 $19,976 
Non-DoW— 1 6 3,586 3,593 
FMS30 98 675 28 831 
Total U.S. government217 10,379 4,423 9,381 24,400 
U.S. commercial4,225 2 180 146 4,553 
Non-U.S. government989 2 1,890 326 3,207 
Non-U.S. commercial2,075 — 109 34 2,218 
Total revenue$7,506 $10,383 $6,602 $9,887 $34,378