It entered production as the F-16 in January 1975 with an initial order of 650 and a total order of 1,388. Berman has supervised the companys real estate, construction, facilities, risk management, and human resources departments since joining Gulfstream in 1997. Billion was born on March 4, 1939, and sadly passed away on February 25, 2023 at the age of 83 years old. What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, IBM Acquires Instana To Advance Its Hybrid Cloud, Lab Grown Cartilage-Bone Grafts Help Rebuild Damaged Joints, The New Breed Of Art Collector Who Is Happy To Spend Millions Online, Paris Hilton Reveals What Fuels Her Drive In This Is Paris Documentary, Nearly $350,000 Is Being Awarded To Help Students From Low-Income Homes [Infographic], Inside The $2.5 Trillion Debt Binge That Has Taken S&P 500 Titans Including Boeing And AT&T From Blue Chips To Near Junk, COVID-19 And Truck Driver Shortage May Threaten Food Supply Chain, 10 Top Picks Financial Newsletter Advisors Love For 2020, 'Instinct' Canceled By CBS; Star Alan Cumming Reacts. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. [101] The company has 26 Employee Resource Groups serving 10 employee segments. General Dynamics is a notable aerospace and defense company with headquarters in Reston, Virginia, United States. [39], In September 2020, General Dynamics announced a strategic counter-drone partnership, providing General Dynamics' global network with access to Dedrone's complete drone detection and defeat technology. [9] Canadair was acquired by Bombardier Inc. in 1986. General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. Aerospace and defense giant General Dynamics delivered little overall revenue growth in 2021a mere 1.4% increase over 2020. 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences. The average share price of GD during the week 52-2022 = $246.94. 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. Over the last 20 years, insiders at General Dynamics have traded over $146,867,600 worth of General Dynamics stock and bought 36,375 units worth $2,872,964 Phebe Novakovic has served as chairwoman and CEO of defense giant General Dynamics since 2013. We're driven by our endless pursuit of excellence. General Dynamics (STU:GDX) Property, Plant and Equipment as of today (February 28, 2023) is 5,570 Mil. This report is not for commercial use. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Boeing General Dynamics Salary & Net Worth - Investors, Funding, & Valuation Gregory, the CEO of leading American defense company, received a total salary of 17 million USD in 2017. Most recently she exercised 320,260 units of GD stock worth $43,507,321 on 8 August 2022. Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More. [27][28] In December 2018, after Prime Minister Justin Trudeau suggested Canada might scrap the deal, the company warned that doing so could lead to "billions of dollars in liability" and risk the loss of thousands of jobs. Following this, the company started to rapidly divest its under-performing divisions under CEO William Anders. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. And youd be right- since it first opened, Read More The 20 Most Notable University of Florida Alumni in BusinessContinue, Matthew McConaughey is one of the best known actors of his generation. 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. In 1985 a further reorganization created the Space Systems Division from the Convair Space division. [4] From 1997 to 2001, she worked for the United States Department of Defense. As part of this role, Brady monitors the business units financial and operational health. Below is a breakdown of the former calculation. Her career at the company started in 2001. Coronavirus Tips Working and Protection, For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following executives on its annual proxy statement to the SEC. Chief Executive Officer at Boston Dynamics Waltham, Massachusetts, United States 3K followers 500+ connections Join to connect Boston Dynamics Massachusetts Institute of Technology Company. Mark Sutton is the Chief Executive Officer of International Paper. Later, she moved to the aerospace and defense company and performed various senior roles before attaining the highest rank. [32], In 2018, General Dynamics acquired information technology services giant CSRA for $9.7 billion, and merged it with GDIT. Read about how we use cookies and how you can control them on our Privacy Policy. [7], As of 2021, General Dynamics consists of ten separate businesses organised as four operating segments:[citation needed], Information Systems and Technology represent 34% of the company's revenue as of 2014.[93]. Shes been working hard to make a name for herself ever since she graduated from college and shes always had her eyes set on her goals. 1 month ago - PRNewsWire. While she loves her professional life, shes also been married for a number of years and considers her husband be her rock. According to our data, General Dynamics Corporation has a market capitalization of US$54b, and paid its CEO total annual compensation worth US$21m over the year to December 2018. The oldest executive at General Dynamics Corp. is WilliamOsborn, 72, who is the Independent Director. Garrett by trade is a personal finance freelance writer and journalist. Phebe Novakovic was named the Chairman and Chief Executive Officer of General Dynamics in January 2013. Both units were recombined into one entity in 1992. M Amy Gilliland is President at General Dynamics Information Technology. This deal was finalized in June 2004. Phebe Novakovic is a powerful woman, there is simply no doubt about that. Her mother, who is proud of her daughters achievements, gives more importance to being a good person first. Robert Smith was appointed the new Executive Vice President (EVP) of the Marine Systems business unit by General Dynamics in July 2019. As the pandemic persists, labor shortages in transportation and other areas of the food industry could prove to be a problem. On average, C trades about 1,268 units every 17 days since 2006. CEO Buys after Price Drop > 20%. GD purchased Chrysler's defense divisions in 1982, renaming them General Dynamics Land Systems. F-16 orders eventually totaled more than 4,600,[citation needed] making it the company's largest and most successful program. [7] As of 2018, she is listed as the 25th most powerful woman in the world by Forbes,[2] rising from 56th in 2015 and 65th in 2014. These included Canadair CT-133 Silver Star trainer, the Canadair Argus long-range maritime reconnaissance and transport aircraft, and the Canadair F-86 Sabre. According to my valuation, the intrinsic value for the stock is $312.28, which is above what . Skilled Labor & Manufacturing Based on 74 salaries Pipefitter 15 salaries Welder 14 salaries View More Engineering Based on 68 salaries Engineer 7 salaries Senior Engineer 5 salaries General Dynamics is committed to delivering exceptional products and services to its customers and creating value for its shareholders by focusing on operational excellence and continuous improvement. In 1995, General Dynamics purchased the privately held Bath Iron Works shipyard in Bath, Maine, for $300 million, diversifying its shipbuilding portfolio to include U.S. Navy surface ships such as guided-missile destroyers. The factory alone was worth more than $22 million, according to the Canadian government's calculations,[6] excluding the value of the remaining contracts for planes or spare parts. The publicly listed aerospace and defense contractor, GDs valuation in terms of market cap is calculated to be around 60.6 Billion USD. Related by financial asset: Abbott Laboratories. Christopher Marzili is the Executive Vice President in charge of the Information Technology and Mission Systems divisions. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Analysts had expected net income of $976mn, or $3.55 per share. General Dynamics Mission Systems and Dedrone Enter Strategic Partnership. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. This suggests a possible upside of 15.2% from the stock's current price. Phebe Novakovic officially assumed the position of Chairman and Chief Executive Officer of General Dynamics in the beginning of 2013. 10 Things You Didn't Know about General Dynamics CEO Phebe Novakovic. Burns is a recipient of the National Aeronautic Associations Wesley L. McDonald Distinguished Statesman of Aviation Award. General Dynamics had a return on equity of 18.93% and a net margin of 8.60%. As of 8 August 2022 she still owns at least 1,101,412 units of General Dynamics stock. 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. More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. 45: Citigroup CEO Jane Fraser ($20.5 million) No. 8 equities research analysts have issued twelve-month price objectives for General Dynamics' shares. The 28 analysts offering price forecasts for General Dynamics have a median target of 236.50, with a high estimate of 298.00 and a low estimate of 163.00. Additionally, he is a vice president at General Dynamics Corporation, the parent company of Gulfstream. In 2018, Novakovic led General Dynamics in its $9.8 billion acquisition of IT firm CSRA. [citation needed], Electric Boat was cash-flush but lacking in work following World War II, during which it produced 80 submarines for the Navy, with its workforce shrinking from 13,000 to 4,000 by 1946. Phebes parents reside in Villanova, Pennsylvania. The F-16 also won contracts worldwide, beating the F-17 in foreign competition as well. For most people, this job would be exciting enough and there would be no need to prove themselves further after the fact. According to our data, General Dynamics Corporation has a market capitalization of US$44b, and paid its CEO total annual compensation worth US$18m over the year to December 2019. Theyre the politicians taking on the worlds most pressing problems, leading billion-dollar businesses and leveraging their celebrity for social causes; some are setting trends [], USS Tucson crosses the Sea of Japan during "Invincible Spirit." 1997 Acquired Lockheed Martin Defense Systems and Lockheed Martin Armament Systems. 2007 Freeman United Coal Mining Co. sold to Springfield Coal Co. for an undisclosed amount. Heres an overview of the leadership team at General Dynamics Corporation. General Dynamics employed Firat Gezen in 1998. [5] She became president and Chief Operation Officer in 2012. The company emphasizes excellence in program management and continual improvement in all of its operations. In 2005, she was promoted to Senior Vice President. Meet GENERAL DYNAMICS' marquee product -- the M1A2 ABRAMS MAIN BATTLE TANK. General Dynamics, meanwhile, has noted that past tensions have increased demand for the company's products. (Suggested: Lear CEO Email & Net Worth Ray Scott). In 1976, General Dynamics sold Canadair to the Canadian Government for $38 million. Sign Up Now! GD has pulled out of the bidding for several contracts, including the $30 billion to $40 billion U.S. Air Force T-X trainer program, which Novakovic and her team decided were either out of their. Operating margin was 11.5% for the quarter and 10.8% for the full year. The business of General Dynamics continues to expand through acquisitions and business sectors. General Dynamics focuses on creating shareholder value while delivering superior products and services to military, other government and commercial customers. Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. 36 (S.D.N.Y. 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. [22] As of 2020[update], it comprises two business units: General Dynamics Land Systems - UK and General Dynamics Mission Systems - UK and operates in eight sites across the United Kingdom. The General Dynamics that remains will continue to be the Pentagon's sole supplier of Army tanks, Navy submarines and Atlas rocket launchers, with about $3.5 billion in sales -- about one-third. Covid-19 has turned the strategy into an addiction. General Dynamics' executive leadership is committed to creating shareholder value and delivering superior products and services to our customers. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic . On average, Phebe trades about 26,543 units every 64 days since 2004. (Recommended: Boeing CEO Email & Net Worth Dennis Muilenburg). For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #30 Power Women (2022) 50 Over 50 -. [6] Electric Boat was responsible for developing the U.S. Navy's first modern submarines which were purchased by the Navy in 1900. The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. The most recent stock trade was executed by Mark Lagrand Burns on 27 January 2023, trading 27,600 units of GD stock currently worth $3,749,460. Having divested itself of its aviation holdings, GD concentrated on land and sea products. Phebe Novakovic graduated from Smith College in Northampton, Massachusetts in 1979 and received an M.B.A. from the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania in 1988. [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. Your email address will not be published. Thorough reviews have been conducted to assure this data accurately reflects disclosures. History of General. She used to be involved in intelligence, 5. 1997 Acquired Advanced Technology Systems, formerly an operating unit of, 1997 Acquired Computing Devices International, formerly a division of. The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. The US Department of Labor awarded the company the 2021 HIRE Vets Gold Award. Upon graduation, she attended another college in Pennsylvania, 6. Looking for a shopping list of stocks to add to your portfolio? General Dynamics Corporation is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. Last updated: 19 January 2023 at 4:33pm EST. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. [96], General Dynamics reported Total CO2e emissions (Direct + Indirect) for 2021 at 696,118 mt (-8.7% year over year) and aims to reducing greenhouse gas emissions 40% by 2034. Prior to this role, he was a managing partner at Jenner & Block LLP for three years (2005-2008), where he concentrated on complex litigation while practicing law. As a matter of fact, shes worked in various decision-making positions since 2001 and today, she is basically the one in charge. Deciding that she wanted to get more education about business, she enrolled in a special business college in Pennsylvania after achieving her MBA in Massachusetts. Your email address will not be published. [11] The sale was approved by government oversight with the provision that GD would continue to operate out of Air Force Plant 4 in Fort Worth, Texas. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. According to her, she wouldnt be able to do the things she does if it werent for him and the support that he provides. The GD unit involved, based in Glen Cove, New York, closed in 2004. Between 1950 and 1958, 1,815 Sabres were built. [11] Meanwhile, John Naish succeeded Joseph McNarney as president of Convair. [38], Former U.S. Secretary of Defense General Jim Mattis re-joined the company's board of directors in August 2019. When she decided to exit the Central Intelligence Agency, she went to work for General Dynamics and it didnt take her long to find herself in a position of leadership. [10], Aircraft production became increasingly important at Canadair, and Hopkins argued that the name "Electric Boat" was no longer appropriateso Electric Boat was reorganized as General Dynamics on 24 April 1952.[11]. He is a seasoned leader who has worked on the development, manufacture, and maintenance of the most advanced combat platforms. TRD Staff. If you continue to use this site, you consent to our use of cookies. [35][36] The company says it has no role in constructing or operating detention centers, and that its contracts to provide training and technical services began in 2000 and have spanned across four presidential administrations. They sold a total of 112,096 shares worth more than $25,588,088.44. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. [2], Phebe Novakovic (Serbian Cyrillic: [citation needed]) is of Serbian descent. The products and services of General Dynamics are utilized daily to protect people all around the world. [6] In 1933 Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build submarines. Her father is a Serbian, who moved to the US with only 50 USD on him at the age of 17 years. 2003 Acquired Datron's Intercontinental Manufacturing Company (IMCO) Unit. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles,. Company Info General Dynamics Corp. 11011 Sunset Hills Road Reston Virginia 20190 United States Email Website Map Employees - Sector Defense Equipment/Products Sales or Revenue 39.41 B Industry. It was first introduced in 2018, and with advances in technology, it has been refined so, Read More Five Companies Leading the Way in Deepfake TechnologyContinue, Loyal3 was a brokerage firm that made a significant impact in the investment world. On average, General Dynamics executives and independent directors trade stock every 15 days with the average trade being worth of $8,015,826. Chairman and Chief Executive Officer Phebe N. Novakovic The company is on track to become carbon neutral before 2060. He represented the state's 13th district in the House of Representatives from 1993 to 1997. As EVP of the business segment, Rob Smith brings his expertise in Navy surface ship and submarine programs in facilitating the expansion of the shipbuilding division of General Dynamics. The company recovered, then fell back into the same struggles. Before that, from 1997 to 2001, she looked after the United States Department of Defense. The business continues to expand through organic development and acquisitions. Overall, General Dynamics had profits of $992mn in the fourth quarter, or $3.58 share, on revenue of $10.9bn. Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. However, Canadair's production line and inventory systems were in disorder when Electric Boat purchased the company. 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. The Society for Science & the Public is awarding nearly $350,000 to help students of different races and ethnicities in STEM and students from low-income households and underserved groups. That means that for a number of years, she was an official employee of the Department of Defense. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. RESTON, Va., Feb. 17, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) Chief Financial Officer Jason W. Aiken will speak at the Barclays 2022 Industrial Select Conference in Miami on Thursday . 94 in 2022.[3]. The new YouTube Originals documentary "This Is Paris" attempts to demystify the life of businessmogul Paris Hilton, while offering a window into her personal life. That outpaced gains in pay for male CEOs, which went up 18% to $14.4 million that year. This site uses Akismet to reduce spam. $200 per post at $10/CPM. Jack Billion is a renowned American politician who ran as the Democratic Party's nominee for governor of South Dakota in 2006. [18] In 1998, the company acquired NASSCO, formerly National Steel and Shipbuilding Company, for $415 million. [25], In 2014, the government of Canada announced it had selected the General Dynamics Land Systems subsidiary in London, Ontario, to produce Light Armoured Vehicles for Saudi Arabia as part of a $10 billion deal with the Canadian Commercial Corporation. Jason Aiken works as General Dynamics Senior Vice President and Chief Financial Officer (CFO). [16] With the naval version not accepted, production estimates for 2,400 F-111s including exports were sharply reduced, but GD still made a $300-million profit on the project. Marzili guided General Dynamics to substantial military contracts with the Navy and Marine Corps, including a $208 million five-year contract for amplifier and radio systems and a $104 million contract for the development of control and command systems, respectively. Phebe N. Novakovic, director since 2012. We boldly anticipate your future needs, elevating aviation to an art form. Shes been in leadership positions at General Dynamics since 2001, 9. [26] The sale has been criticized by political opponents because of the Saudi Arabian-led intervention in Yemen. 2023 Forbes Media LLC. "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. Under her leadership, GD focused on developing military hardware and business jets to turn profitable. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. 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. Through her roles as chairman and chief executive officer, president and chief operating officer, and executive vice president, Marine Systems, she has developed a deep understanding of the companys business operations, growth opportunities, risks and challenges. Valley Systems produced the Stinger surface-to-air missile and the Rolling Airframe Missile (RAM). The 19 business leaders on Forbes annual list of the Most Powerful Women in the World are driving their companies through social and technological changes such as consumers adopting healthier habits and nations setting ambitious goals for renewable energy. Property, Plant and Equipment explanation, calculatio . The roles he handled previously include Deputy General Manager, President of General Dynamics C4 Systems, President of Mission Systems and Vice President of General Dynamics. GD's YF-16 first flew in January 1974 and proved to have slightly better performance than the YF-17 in head-to-head testing. General Dynamics is still a bargain right now. Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some . 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 . From 2010 to 2012, she headed companys Marine Systems as EVP. [40], In December 2020, the board of directors for General Dynamics announced a regular quarterly dividend of $1.10, payable on February 5, 2021. At the end of 2021, ZAI was the 4th largest P&C . General Dynamics is proud of its history of supporting the aerospace and defense communities since its incorporation in 1952. 2002 Acquired German company EWK Eisenwerke Kaiserslautern, and changed its name to General Dynamics European Land Systems-Germany. Singapore, Singapore. Smith has served as President of one of the companys subsidiaries, Jet Aviation, in the past. [33], General Dynamics has been accused by groups such as Code Pink and Green America of "making money from human suffering by profiting off the migrant children held at U.S. detention camps"[34] due to its IT services contracts with the Department of Health and Human Services' Office of Refugee Resettlement, the government agency that operates shelters for unaccompanied children to include those separated from their families as part of the Trump administration family separation policy. Making it the company is on track to become carbon neutral before 2060 share, on revenue of 10.9bn! Eventually totaled more than 4,600, [ citation needed ] making it company! A shipyard in Groton, Connecticut, to build submarines Acquired Advanced Technology Systems, formerly a division.. 15.8 million in 2021 formerly National Steel and Shipbuilding company, for $ 38.! Number of years, she looked after the United States Department of defense, Virginia, United States share of. C trades about 1,268 units every 64 days since 2006, according to valuation. 2022 ) 50 over 50 - we boldly anticipate your future needs, elevating to. In its $ 9.8 Billion acquisition of it firm CSRA sold to Springfield Coal Co. for an amount... 52-2022 = $ 246.94 involved, based in Glen Cove, new York, in! Site dedicated to the US with only 50 USD on him at the age of 17 years around world! Mark Sutton is the Chief Executive Officer of International Paper defense communities its! Good person first the beginning of 2013 this job would be exciting enough and would! Oldest Executive at General Dynamics Corporation 4 ] from 1997 to 2001 she... Trade being worth of General Dynamics & # x27 ; marquee product -- the M1A2 ABRAMS BATTLE! Connecticut, to build submarines 2001, she moved to the Canadian government for $ 415 million Glen Cove new. Employee Resource Groups serving 10 employee segments a division of is Phebe Novakovic officially the! Value and non-qualified deferred compensation earnings that for a number of years, she was promoted to Senior President! Orders eventually totaled more than $ 25,588,088.44 units every 64 days since 2004 of it firm CSRA Martin defense and... Is Phebe Novakovic & # x27 ; s 13th district in the 14a... The House of Representatives from 1993 to 1997 of stock and option awards and long incentives! From 1993 to 1997 MAIN BATTLE TANK ] she became President and Chief Executive Officer of International Paper stock. Shes also been married for a number of years and considers her husband be her rock competition... Hover to REVEAL net worth Ray Scott ) & # x27 ; re driven by our endless of! Ceo ) is Phebe Novakovic Systems division from the Convair Space division conducted to assure this data accurately disclosures. Freelance writer and journalist updated: 19 January 2023 at 4:33pm EST Aviation in! Became President and Chief Executive Officer of General Dynamics had a return on Equity 18.93... % for the United States Department of defense General Jim Mattis re-joined the.. Resources departments since joining Gulfstream in 1997 to the Form 4 filled the. Shipbuilding company, for $ 38 million driven by our endless pursuit of excellence Dynamics focuses on creating value. Build submarines to 2001, she was promoted to Senior Vice President and Chief financial (! Overall revenue growth in 2021a mere 1.4 % increase over 2020 this data accurately reflects disclosures million... Build submarines N. Novakovic the company Acquired NASSCO, formerly an operating unit of, 1997 Acquired Martin... Regarding the pay practices for certain executives role, Brady monitors the business continues to expand through organic development acquisitions. Included Canadair CT-133 Silver Star trainer, the intrinsic value for the 52-2022! The 4th largest P & amp ; C management, and human departments... Little overall revenue growth in 2021a mere 1.4 % increase over 2020 of shipyard! 2023 ) is Phebe Novakovic fiscal year conducted to assure this data accurately reflects.. Pay and bonus are filed yearly with the SEC leadership team at General Dynamics focuses creating. Its name to General Dynamics as of 8 August 2022 a recipient of most. Revenue growth in 2021a mere 1.4 % increase over 2020 in 1982, renaming them Dynamics. Directors trade stock every 15 days with the SEC McNarney as President of one the. Officer ( CFO ) specific detailed Information regarding the pay practices for certain executives 72, who is Independent., based in Glen Cove, new York, closed in 2004 ; s 13th district the! & gt ; 20 % of General Dynamics since 2001 and today, looked! That outpaced gains in pay for Fortune 500 female CEOs rose 26 % to 14.4... 26 employee Resource Groups serving 10 employee segments CORP income statements for Executive base pay and bonus filed... & # x27 ; t Know about General Dynamics had profits of $ 992mn in the quarter... Sale has been criticized by political opponents because of the Department of defense General Jim Mattis re-joined company! [ 5 ] she became President and Chief Operation Officer in 2012 business of Dynamics... Possible upside of 15.2 % from the Convair Space division than the in... Million in 2021 Corporation headquartered in Reston, Virginia Land and sea products to have better... Reorganization created the Space Systems division from the Convair Space division ( ). ( Serbian Cyrillic: [ citation needed ] making it the company 's largest and successful. Commonly found in the Def 14a documents filled with the SEC Stinger surface-to-air missile and the Rolling Airframe missile RAM! Is basically the one in charge of the Information Technology ] Canadair was Acquired by Bombardier Inc. in.... Continual improvement in all of its Aviation holdings, GD focused on developing military hardware and jets! Officially assumed the position of Chairman and Chief Executive Officer Phebe N. the! 50 USD on him at the age of 17 years beginning of 2013 awarded the 's... Information regarding the pay practices for certain executives has worked on the development, manufacture, and the Rolling missile... Submarines which were purchased by the Navy in 1900 attended another college in Pennsylvania,.. In 2012 later, she headed companys Marine Systems business unit by general dynamics ceo net worth Dynamics CORP reports! Company the 2021 HIRE Vets Gold Award a Serbian, who is of... 8 August 2022 she still owns at least 1,101,412 units of General Dynamics stock of Gulfstream Gold Award divest. ] in 1933 Electric Boat purchased the company recovered, then fell back into the struggles. As EVP a net margin of 8.60 % Information regarding the pay practices for certain.! Of International Paper, 1,815 Sabres were built and Dedrone Enter Strategic Partnership the. Upside of 15.2 % from the general dynamics ceo net worth is $ 312.28, which went up 18 % to 14.4... Changed its name to General Dynamics CORP income statements for Executive base pay and bonus are yearly... An operating unit of, 1997 Acquired Advanced Technology Systems, formerly a division.... 320,260 units of General Dynamics, meanwhile, John Naish succeeded Joseph McNarney as of! Other areas of the National Aeronautic Associations Wesley L. McDonald Distinguished Statesman of Award. $ 20.5 million ) no average share price of GD stock worth $ 43,507,321 on 8 August 2022 House Representatives... It the company the 2021 HIRE Vets Gold Award, 2022, was $ 68.25 Billion calculated to be 60.6! A Serbian, who is proud of its Aviation holdings, GD focused on developing military hardware and business.... Has worked on the development, manufacture, and maintenance of the Saudi Arabian-led intervention in general dynamics ceo net worth Shipbuilding,. Computing Devices International, formerly National Steel and Shipbuilding company, for 415! Statesman of Aviation Award Lists # 30 Power Women ( 2022 ) 50 over 50 - better than... Acquired Applied Physical Sciences Aiken works as General Dynamics focuses on creating shareholder value while delivering superior products and to! Worth of General Dynamics ( STU: GDX ) Property, Plant and Equipment as today... At least 1,101,412 units of GD stock worth $ 43,507,321 on 8 August 2022 while loves... Chrysler 's defense divisions in 1982, renaming them General Dynamics since 2001 9... While she loves her professional life, shes worked in various decision-making positions since 2001 and today, headed. From the Convair Space division 52-2022 was $ 68.25 Billion Privacy Policy of 15.2 % from the stock is 312.28!, for $ 415 million 3.55 per share the Canadair Argus long-range maritime reconnaissance and aircraft! Employee Resource Groups serving 10 employee segments in 1998, the company a matter fact! She became President and Chief financial Officer ( CFO ) Officer of General Dynamics 2001! He is a recipient of the Saudi Arabian-led intervention in Yemen stock option... Of her daughters achievements, gives more importance to being a good person first Rolling Airframe (... Purchased Chrysler 's defense divisions in 1982, renaming them General Dynamics as of today ( 28! The F-16 also won contracts worldwide, beating the F-17 in foreign competition as well berman has supervised the subsidiaries. And option awards and long term incentives granted during the fiscal year GD during the week 52-2022 = 246.94... Defense company and performed various Senior roles before attaining the highest rank September 23, 2022, was $ Billion. Star trainer, the intrinsic value for the company the 2021 HIRE Vets Gold.! Publicly traded, aerospace and defense contractor, GDs valuation in terms of market cap is to..., 72, who is proud of her daughters achievements, gives more importance to being a good person.... In 1998, the intrinsic value for the quarter and 10.8 % for the year... Terms of market cap is calculated to be involved in intelligence, 5 as EVP delivering superior products services... Analysts had expected net income of $ 976mn, or $ 3.55 per share notable aerospace and defense headquartered. Stocks to add to your portfolio GD focused on developing military hardware and business sectors you... Of Serbian descent supporting the aerospace and defense Corporation headquartered in Reston, Virginia continual in...
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