Product of above two values = $68.25 Billion. General Dynamics (STU:GDX) Property, Plant and Equipment as of today (February 28, 2023) is 5,570 Mil. [40], In December 2020, the board of directors for General Dynamics announced a regular quarterly dividend of $1.10, payable on February 5, 2021. He has shown amazing skill in developing this new startup which just recently launched in April of 2o14, and taking it on a journey of success, Read More Philip Krim: 10 Things You Didnt Know about Caspers CEOContinue, Deepfake technology is a machine learning model that can interchange one persons face with another in any video production. The charts on this page feature a breakdown of the total annual pay for the top executives at GENERAL DYNAMICS CORP as reported in their proxy statements. Corporate Controller and Vice President in 2011, Vice President of Internal Audit from 2004 to 2007, and Chief Financial Officer (CFO) of Advanced Information Systems from 2007 to 2011 are among her previous positions. This site uses Akismet to reduce spam. Chairman and Chief Executive Officer since January 1, 2013; President and Chief Operating Officer from May 2012 through December 2012; Executive Vice President, Marine Systems, from May 2010 to May 2012; Senior Vice President, Planning and Development, from 2005 to May 2010; Vice President, Strategic . Information on this page was last updated on 1/27/2023. Thats more money than most people will ever make throughout their entire lives. History [ edit] Electric Boat [ edit] General Dynamics traces its ancestry to John Philip Holland 's Holland Torpedo Boat Company. The board decided to build all future planes in Fort Worth, ending plane production at Convair's original plant in San Diego but continuing with space and missile development there. The first submarine built in Groton to be delivered to the U.S. Navy was USS Cuttlefish in 1934. For the full year, net earnings were $3.3 billion, or $11.55 per diluted share, on revenue of $38.5 billion. By 1984, General Dynamics had four divisions: Convair in San Diego, General Dynamics-Fort Worth, General Dynamics-Pomona, and General Dynamics-Electronics. Dividend Kings 2023. Dividend Aristocrats 2023. Dividend Growth Portfolio. The company offers four business groups to its clients: Aerospace, Combat Systems, Marine Systems, and Technologies. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. 1982 Formed General Dynamics Land Systems after the acquisition of. General Dynamics is a notable aerospace and defense company with headquarters in Reston, Virginia, United States. Upon graduation, she attended another college in Pennsylvania, 6. The oldest executive at General Dynamics Corp. is WilliamOsborn, 72, who is the Independent Director. Phebe N. Novakovic, director since 2012. The US alleged that GD defectively manufactured or failed to test parts used in US military aircraft from September 2001 to August 2003, such as for the C-141 Starlifter transport plane. [3] GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. [14], GD subsequently reorganized into Eastern Group in New York City and Western Group in San Diego, California, with the latter taking over all of the aerospace activities and dropping the Convair brand name from its aircraft in the process. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency. Phebe N. Novakovic serves as Chairman of the Board, Chief Executive Officer of the Company. [2] The company is a Fortune 100 company, and was ranked No. M Amy Gilliland is President at General Dynamics Information Technology. Robert Smith was appointed the new Executive Vice President (EVP) of the Marine Systems business unit by General Dynamics in July 2019. In 1986 the Pomona division (which mainly produced the Standard Missile and the Phalanx CIWS for the navy) was split up, creating the Valley Systems Division. "General Dynamics Board Declares Dividend", "General Dynamics Unit Gets $4B Army Contract to Produce Modern Battle Tanks", "General Dynamics Electric Boat - History", "BOARDS APPROVE CONVAIR MERGER; General Dynamics to Step Up as Vast Defense Complex if Stockholders Concur", "Liquid Carbonic Industries Corporation records", "$450 Million Dynamics Deal For Two Units", "General Dynamics Completes Acquisition of Saco Defense Corp", "Primex Technologies acquired by General Dynamics", "General Dynamics Agrees to Buy Galaxy Aerospace for $330 Million", "In Brief: General Dynamics completes IMCO buy", "General Dynamics finishes buy of Spectrum Astro", "General Dynamics acquires Tadpole Computer", "General Dynamics acquires Mediaware International", "HLTH Announces Agreement to Sell ViPS Unit to General Dynamics for $225 Million", "General Dynamics to Boost Gulfstream With Jet Aviation Purchase", "General Dynamics Completes Acquisition of AxleTech International", "General Dynamics to Acquire Arlington Contractor for Nearly $1 Billion", General Dynamics acquires NICTA start-up Open Kernel Labs, "General Dynamics Acquires Applied Physical Sciences Corp", "General Dynamics Mission Systems Acquires Bluefin Robotics", "General Dynamics buying CSRA for about $6.8 billion", "General Dynamics to buy government IT contractor CSRA for $6.8 billion", "General Dynamics Buying CSRA for $6.8 Billion", "ECC | Liquid Carbonic Industries Corporation records", General Dynamics Sells a Third San Diego Unit, "General Dynamics Sells Atlas Rocket Unit", "Convair Plant in San Diego to Close by 1996: Manufacturing: Move will end 1,900 jobs and the city's long tradition of building planes", "Material Service sold to Hanson; Lester Crown remains chair", Crown II Mine Closing; Freeman Coal Sold to New Company, Orbital buys General Dynamics' spacecraft business, "MDA completes strategic capability acquisition in the United States", General Dynamics Robotic Systems Autonomous Navigation System (ANS), General Dynamics Robotic Systems Mobile Detection Assessment and Response System (MDARS), General Dynamics Robotic Systems Unmanned Surface Vehicles (USV), General Dynamics Armament and Technical Products (GDATP), "General Dynamics Ordnance and Tactical Systems", "General Dynamics - Corporate Governance - Board of Directors", "General Dynamics Financial Statements 2005-2022 | GD", "General Dynamics - 2021 Corporate Sustainability Report", "General Dynamics - 2020 Corporate Sustainability Report", "US Department of Labor announces recipients of 2021 HIRE Vets Medallion Awards | U.S. Department of Labor", "General Dynamics Corporation - ResponsibilityReports.com", Patents owned by General Dynamics Corporation, General Dynamics European Land Systems (Gdels.com) site, https://en.wikipedia.org/w/index.php?title=General_Dynamics&oldid=1138821574, Director and Chair, Nominating and Corporate Governance Committee, Director and Chair, Sustainability Committee, Director and Chair, Finance and Benefit Plans Committee, Director and Chair, Compensation Committee. Executive Gov provides you with Free Daily Updates and News Briefings about Articles, Receive the Daily News Briefing And Events Updates Straight to Your Inbox. A General Dynamics Corp. shareholder meeting in May turned contentious when an antiwar activist confronted CEO Phebe Novakovic over the company's arms sales to Saudi Arabia and other repressive . Harsh has successfully delivered niche projects for customized requirements in the Defense . Ellison's net worth makes him one of the richest people in the world behind other tycoons like Jeff Bezos. That's a notable . 29: Accenture CEO Julie Sweet ($23.1 million) No. About 85.96% of company stock is under the ownership of institutional investors, like Capital Research Global Investors, Vanguard Group Inc., Longview Asset Management, LLC., etc. The company is well-established in over 18 locations across the U.S, UK and Canada. Before becoming Vice President of General Dynamics in October 2018, he served in a variety of leadership positions. The record price paid online for a painting has increased tenfold this year, and with a series of eye-catching art fairs and auctions over the next couple of months, it could be broken yet again. Prior to assuming his current executive role, he served as President of Land Systems from October 2018 to March 2013. What does this list reflect about the state womens collective power around the world? Your email address will not be published. It is now a major supplier of armored vehicles of all types, including the M1 Abrams, LAV 25, Stryker, and a wide variety of vehicles based on these chassis. Roualet joined Chrysler Defense, Inc. (now GD Land Systems) as a quality engineer. She serves as the Chairwoman and Chief Executive Officer of General Dynamics. 2022 Copyrights [41][42], On December 26, 2020, General Dynamics confirmed that their business division General Dynamics Land Systems was awarded a $4.6 billion contract by the U.S. Army for M1A2 SEPv3 Abrams main battle tanks. Soon thereafter, Veliotis was indicted by government prosecutors for illegal business practices . That outpaced gains in pay for male CEOs, which went up 18% to $14.4 million that year. Boeing CEO Email & Net Worth Dennis Muilenburg. GDIT is a $8.5B global technology enterprise with operations in 30 countries worldwide and 30,000 technologists and services professionals delivering critical mission capabilities across defense, civilian and intelligence agencies. Thats saying quite a bit, but because of her driven personality, she doesnt really pay that much attention to these types of rankings. Required fields are marked *. June 28, 2021 News Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2021 Wash100 Award winner, believes in the patriotism of her role as head of the Reston,. General Dynamics executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. [7], In 1906, Electric Boat subcontracted submarine construction to the Fore River Shipyard in Quincy, Massachusetts, to build the submarines they had designed and won contracts for. For her, it was just the beginning. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. 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