v3.26.1
Investments (Tables) - EBP Represented Employee
12 Months Ended
Dec. 31, 2025
EBP, Master Trust [Line Items]  
Schedule of Master Trust Net Assets
The following table presents the net assets of the Master Trust and the Plan's interest in the Master Trust as of December 31, 2025:
Master Trust BalancesPlan's Interest in Master Trust Balances
Investments, at fair value
Participant-directed brokerage accounts$1,434,789,053 $73,533,847 
General Dynamics Corporation common stock4,620,991,283 853,386,734 
Investments in other equity securities1,949,909,396 66,482,789 
Registered investment companies159,953,112 7,406,065 
Interest bearing cash59,218,212 7,232,772 
Overnight deposit accounts19,860,221 682,949 
Collective trusts16,240,201,229 1,023,164,918 
Fixed-income securities:
US government57,127,990 2,605,669 
Mortgage and asset-backed29,403,943 1,341,146 
Foreign government5,131,051 234,033 
Corporate debt34,127,949 1,556,611 
Total investments, at fair value24,610,713,439 2,037,627,533 
Investments, at contract value
Synthetic GICs1,881,240,870 278,390,524 
Non-interest bearing accounts1,154,463 55,023 
Net pending trades payables and interest receivable(2,793,266)(99,096)
Net assets of Master Trust$26,490,315,506 $2,315,973,984 
The following table presents the net assets of the Master Trust and the Plan's interest in the Master Trust as of December 31, 2024:
Master Trust BalancesPlan's Interest in Master Trust Balances
Investments, at fair value
Participant-directed brokerage accounts$1,184,207,393 $63,667,779 
General Dynamics Corporation common stock3,946,210,540 721,996,491 
Investments in other equity securities2,147,981,194 67,697,762 
Registered investment companies217,045,032 12,588,667 
Interest bearing cash54,350,752 6,847,230 
Overnight deposit accounts26,917,938 831,206 
Collective trusts13,497,262,839 830,061,231 
Fixed-income securities:
US government116,145,461 7,127,439 
Mortgage and asset-backed62,918,508 3,861,088 
Foreign government6,170,183 378,643 
Corporate debt86,561,840 5,311,997 
Total investments, at fair value21,345,771,680 1,720,369,533 
Investments, at contract value
Synthetic GICs2,067,192,778 297,956,481 
Non-interest bearing accounts1,297,855 142,648 
Net pending trades payables and interest receivable(10,794,865)(724,539)
Net assets of Master Trust$23,403,467,448 $2,017,744,123 
 
The following table presents the changes in net assets of the Master Trust for the year ended December 31, 2025:
Investment income:
Net appreciation in fair value of investments$3,866,836,582 
Interest and dividends209,217,420 
Total investment income4,076,054,002 
Net transfers(989,205,944)
Net increase3,086,848,058 
Net assets:
Beginning of year23,403,467,448 
End of year$26,490,315,506 
Schedule of Fair Value Hierarchy
The following tables set forth by level, within the fair value hierarchy, the Master Trust’s assets at fair value as of December 31, 2025 and 2024:
Fair valueQuoted price in active markets for identical assets (Level 1)Significant other
observable inputs (Level 2)
Significant
unobservable
inputs (Level 3)
December 31, 2025:
Participant-directed brokerage accounts$1,434,789,053 $1,389,462,938 $45,326,115 $— 
General Dynamics Corporation common stock4,620,991,283 4,620,991,283 — — 
Investments in other equity securities1,949,909,396 1,949,909,396 — — 
Registered investment companies159,953,112 114,989,654 44,963,458 — 
Interest bearing cash59,218,212 59,218,212 — — 
Overnight deposit accounts19,860,221 19,860,221 — — 
Collective trusts16,240,201,229 — 16,240,201,229 — 
Fixed-income securities:
US government57,127,990 — 57,127,990 — 
Mortgage and asset-backed29,403,943 — 29,403,943 — 
Foreign government5,131,051 — 5,131,051 — 
Corporate debt34,127,949 — 34,127,949 
Total investments, at fair value$24,610,713,439 $8,154,431,704 $16,456,281,735 $— 
Fair valueQuoted price in active markets for identical assets (Level 1)Significant other
observable inputs (Level 2)
Significant
unobservable
inputs (Level 3)
December 31, 2024:
Participant-directed brokerage accounts$1,184,207,393 $1,145,578,367 $38,629,026 $— 
General Dynamics Corporation common stock3,946,210,540 3,946,210,540 — — 
Investments in other equity securities2,147,981,194 2,147,981,194 — — 
Registered investment companies217,045,032 116,926,263 100,118,769 — 
Interest bearing cash54,350,752 54,350,752 — — 
Overnight deposit accounts26,917,938 26,917,938 — — 
Collective trusts13,497,262,839 — 13,497,262,839 — 
Fixed-income securities:
US government116,145,461 — 116,145,461 — 
Mortgage and asset-backed62,918,508 — 62,918,508 — 
Foreign government6,170,183 — 6,170,183 — 
Corporate debt86,561,840 86,561,840 
Total investments, at fair value$21,345,771,680 $7,437,965,054 $13,907,806,626 $—