[15] Grumman went on to use many of the innovations of the F-111 in the F-14 Tomcat,[6] an aircraft designed solely as a carrier-borne fighter. GD built an aircraft production factory in Fort Worth, Texas. Ms. Novakovic owns over 320,260 units of General Dynamics stock worth over $259,118,187 and over the last 19 years she sold GD stock worth over $0. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. Canadair also produced 200 CF-104 Starfighter supersonic fighter aircraft, a license-built version of the Lockheed F-104. Researchers have successfully grown cartilage-bone grafts in the lab that can be used to repair damaged joints. Formed in 1954 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair,[4] the corporation today consists of ten subsidiary companies with operations in 45 countries. The US Department of Labor awarded the company the 2021 HIRE Vets Gold Award. 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,. [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. [4][5][6], She worked for the Central Intelligence Agency. 2022 Copyrights The largest trade she's ever made was exercising 733,000 units of General Dynamics stock on 21 June 2019 worth over $49,624,100. Under his leadership, Boston Dynamics is transforming its world-leading robotics R&D into an industry-leading commercial organization with its first robot offering, Spot. He represented General Dynamics in a variety of matters, including contracts, taxes, acquisitions, and divestitures, from which he gained sufficient knowledge and expertise along with his senior vice president responsibilities. The largest trade he's ever made was selling 20,000 units of Martin Marietta Materials stock on 9 March 2021 worth over $6,748,000. 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. 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences. See M Amy Gilliland's compensation, career history, education, & memberships. The products and services of General Dynamics are utilized daily to protect people all around the world. The company made a good show and rose to be a well known provider with unique business models that gave the, Read More The Rise and Fall of Loyal3 BrokerageContinue. Shes certainly made the most of the opportunities that shes been presented, and she continues to do exactly that, even today. General Dynamics Reports Fourth-Quarter and Full-Year 2022 Financial Results. Shes a former Department of Defense employee, 7. [38], Former U.S. Secretary of Defense General Jim Mattis re-joined the company's board of directors in August 2019. 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. 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. 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. Phebe N. Novakovic Chairman and Chief Executive Officer, Christopher Marzilli Executive Vice President of Technologies, Mark C. Roualet Executive Vice President of Combat Systems, Robert E. Smith Executive Vice President of Marine Systems, Danny Deep Vice President and President for Land Systems, Christopher J. Brady Vice President and President for Mission Systems, David Paddock Vice President and President for Jet Aviation, Firat H. Gezen Vice President and President for Ordnance and Tactical Systems, Gregory S. Gallopoulos Senior Vice President, General Counsel, and Secretary, Jason W. Aiken Senior Vice President and Chief Financial Officer, Kimberly A. Kuryea Senior Vice President, Human Resources and Administration, Ira P. Berman Vice President, Senior Vice President of Administration, and General Counsel for Gulfstream Aerospace, Mark L. Burns Vice President and President for Gulfstream Aerospace, Kevin M. 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If you continue to use this site, you consent to our use of cookies. Mark Sutton is the Chief Executive Officer of International Paper. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #30 Power Women (2022) 50 Over 50 -. 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. On a January 26 earnings call, . ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. This was similar to the 9% in the third quarter, and was down from 9.9% in the . For many years, it was her job to get intelligence about things that most everyday citizens are never even aware of. The company's products include Gulfstream business jets, Virginia- and Columbia-class nuclear-powered submarines, Arleigh Burke-class guided-missile destroyers, M1 Abrams tanks and Stryker armored fighting vehicles. [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. What does this list reflect about the state womens collective power around the world? [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic. Chief Executive Officer (CEO) & President Director at Zurich Asuransi Indonesia. Forbes' annual list of the World's Most Powerful Women boasts 27 business leaders, all paving the way for more female executives to effect change from the C-suite. General Dynamics current chairman and chief executive officer is Phebe N. Novakovic. The Pomona operation was closed shortly after its sale to Hughes Aircraft. whom Veliotis claimed had promised him the position of chief executive officer. [4][5][7][8], She has sat on the Board of Directors of Abbott Laboratories since 2010. He was conversant with 6 languages except English and worked for the US Air Force as an Intelligence Officer. This put her in a position to be successful because it helped her understand exactly what was required. Having divested itself of its aviation holdings, GD concentrated on land and sea products. In the same year, General Dynamics is among the Top 10 Defense Contractors. As of 2018, she is listed as the world's 25th most powerful woman in business by Forbes. . Roualet joined Chrysler Defense, Inc. (now GD Land Systems) as a quality engineer. [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. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. 5.60%. M Amy Gilliland is President at General Dynamics Information Technology. [5] She has served as the Chairman of the Board and Chief Executive Officer of General Dynamics since January 2013. 36 (S.D.N.Y. During her latter years as SVP (2010-2012), she also held the position of Executive Vice President of Marine Systems. 2. 1982 Formed General Dynamics Land Systems after the acquisition of. You can see the complete history of Ms. Novakovic stock trades at the bottom of the page. For information about the General Dynamics Board of Directors and our commitment to good corporate governance, visit our Investors hub. As a supervisor at Newport News Shipbuilding, he was responsible for the CVN-78 reactor plants fluid systems. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). In 1985 a further reorganization created the Space Systems Division from the Convair Space division. [23] It is currently responsible for delivering the General Dynamics Ajax family of armored vehicles, the Foxhound light protected patrol vehicle and the Morpheus communications system to the UK Ministry of Defence. 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 . 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 . Overall, General Dynamics had profits of $992mn in the fourth quarter, or $3.58 share, on revenue of $10.9bn. Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More. Jay L Johnson, General Dynamics Corp: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology,. It provides tanks, rockets, missiles, submarines, warships, fighters, and electrical devices to the United States armed forces. 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. Mark Roualet has served as Executive Vice President of General Dynamics since March 2013. Board of Directors in GENERAL DYNAMICS CORP. Amy Gilliland is president of General Dynamics Information Technology (GDIT), a business unit of General Dynamics Corporation. General Dynamics primarily provides the government with defense and military equipment and services. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. General Dynamics (STU:GDX) Property, Plant and Equipment as of today (February 28, 2023) is 5,570 Mil. General Dynamics net income for the quarter ending December 31, 2022 was $0.992B, a 4.2% increase year-over-year. However at the last minute BAE Systems offered 355m for the company. Insiders at General Dynamics own 1.5% of the company. General Dynamics net worth as of January 13, 2023 is $65.97B. In the mid-1990s, General Dynamics recommenced its expansion by acquiring Gulfstream Aerospace Corporation, IT product and service companies, combat-vehicle-related companies, and other shipyards, establishing the foundation for the current company. Dividend Kings 2023. Dividend Aristocrats 2023. Dividend Growth Portfolio. The company emphasizes excellence in program management and continual improvement in all of its operations. Over the years, shes done a number of interesting things and shes found herself in positions that dont come around frequently to a lot of women, at least from a professional standpoint. 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. Video games are big business. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 2000 Acquired Saco Defense from New Colt Holding Corp. which owned it since 1998. 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. David Paddock has been appointed Vice President of Jet Aviation by General Dynamics, a position that requires him to supervise approximately 4,000 aviation experts He ensures that the firm can give clients highly innovative aircraft for safe and hassle-free travel. Related by financial asset: Abbott Laboratories. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. That means that for a number of years, she was an official employee of the Department of Defense. Cessna was re-sold to Textron in January 1992, the San Diego and Pomona missile production units to General Motors-Hughes Aerospace in May 1992, the Fort Worth aircraft production to Lockheed in March 1993 (a nearby electronics production facility was separately sold to Israeli-based Elbit Systems, marking that company's entry into the US market), and its Space Systems Division to Martin Marietta in 1994. Hopkins hired Canadian-born mass-production specialist H. Oliver West to take over the president's role and return Canadair to profitability. She used to be involved in intelligence, 5. Additionally, he is a vice president at General Dynamics Corporation, the parent company of Gulfstream. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. In October 1970, Roger Lewis left and David S. Lewis from McDonnell Douglas was named CEO. In 2018, Novakovic led General Dynamics in its $9.8 billion acquisition of IT firm CSRA. In addition, she makes $18,313,200 as Chairman of the Board and Chief Executive Officer at General Dynamics. General Dynamics is a notable aerospace and defense company with headquarters in Reston, Virginia, United States. The film traces her beginnings in the 2000s, her mistakes and the drive to create her own brand and business. 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. 1997 Acquired Lockheed Martin Defense Systems and Lockheed Martin Armament Systems. . The information shown here is a reporting of information included in the company's proxy statement. Good news, investors! Her experience in the industry predates her experience at the company: She's a former CIA operative and the daughter of an Air Force officer. Sold (or bought if negative) in USD CHABRAJA NI CASEY JOHN [18] In 1998, the company acquired NASSCO, formerly National Steel and Shipbuilding Company, for $415 million. Innovation Investing In You Since 2008, we introduced eight new aircraft so you can reach the future, faster. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. [24], On August 19, 2008, GD agreed to pay $4 million to settle a lawsuit brought by the US Government claiming that a GD unit fraudulently billed the government for defectively manufactured parts used in US military aircraft and submarines. A few years later, he supervised the companys designers and engineers in the creation of the Astute-class submarine at Electric Boat. According to the magazine, she is the 48th most powerful woman in the world. History [ edit] Electric Boat [ edit] General Dynamics traces its ancestry to John Philip Holland 's Holland Torpedo Boat Company. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. [2] The company is a Fortune 100 company, and was ranked No. For her, it was just the beginning. However, the company reported its highest number of Gulfstream . Upon graduating high school, she attended college in Massachusetts to get an MBA. Berman has supervised the companys real estate, construction, facilities, risk management, and human resources departments since joining Gulfstream in 1997. [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. [102] Approximately 20% of the company's employees are represented by labor unions such as International Association of Machinists and Aerospace Workers (IAM), The International Union, and United Auto Workers (UAW). Aerospace and defense giant General Dynamics delivered little overall revenue growth in 2021a mere 1.4% increase over 2020. During the early 1960s the company bid on the United States Air Force's Tactical Fighter, Experimental (TFX) project for a new low-level "penetrator". Effective 2020, Former Chief Operating Officer Danny Deep took over the President role of Land Systems division at General Dynamics. These included Canadair CT-133 Silver Star trainer, the Canadair Argus long-range maritime reconnaissance and transport aircraft, and the Canadair F-86 Sabre. 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. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. As of 2018, she is listed as the world's 25th most powerful woman in business by Forbes. . General Dynamics is proud of its history of supporting the aerospace and defense communities since its incorporation in 1952. The land-based F-111 first flew in December 1964; the carrier-capable F-111B flew in May 1965, but proved overweight and underpowered for the navy's needs. [11] Meanwhile, John Naish succeeded Joseph McNarney as president of Convair. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. As part of this role, Brady monitors the business units financial and operational health. In 1970, the board brought in McDonnell Douglas president Dave Lewis (no relation) as chairman and CEO, who served until retiring in 1985.[6]. [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. It organized its own version of Lockheed's Skunk Works, the Advanced Concepts Laboratory, and responded with a new aircraft design incorporating advanced technologies. It is also planning to create footprint in information-technology operation through acquisitions. 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. All proxy statements are public filings made available to the general public by the SEC. In 1985, GD also acquired Cessna. Lewis required that the company headquarters move to St. Louis, Missouri, which occurred in February 1971.[17]. General Dynamics has $30.9 billion in sales as of 2017[95] primarily military, but also civilian with its Gulfstream Aerospace unit and conventional shipbuilding and repair with its National Steel and Shipbuilding subsidiary. GD and Northrop were awarded prototype contracts. In 2002, Novakovic joined GD as Vice President of Planning and Development. 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. Heres an overview of the leadership team at General Dynamics Corporation. Looking for a shopping list of stocks to add to your portfolio? General Dynamics annual net income for 2022 was $3.39B, a 4.08% increase from 2021. General Dynamics is a global leader in defense technology, offering cutting-edge innovations in aviation, aerospace, land systems, maritime systems, and more. She believes that her company is unorthodox in the sense that even the former CEO Nicholas Chabraja was a trial attorney and did not have any engineering connection. GD CEO Phebes journey with the company began in 2001. Phebe Novakovic is a powerful woman, there is simply no doubt about that. For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following board members on its annual proxy statement to the SEC. Shortly after the takeover, Canadair began delivering its new Canadair North Star (a version of the Douglas DC-4) and was able to deliver aircraft to Trans-Canada Airlines, Canadian Pacific Airlines, and British Overseas Airways Corporation (BOAC) well in advance of their contracted delivery times.[8]. Shes been in leadership positions at General Dynamics since 2001, 9. CEO Phebe Novakovic replied, . He manages the companys Combat Systems division, which includes Ordinance and Tactical Systems, Land Systems, and European Land Systems. [2], Phebe Novakovic (Serbian Cyrillic: [citation needed]) is of Serbian descent. [5] In 1899, Isaac Rice bought the company from Holland and renamed it Electric Boat Company. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic . The most recent insider tranaction occured on January, 27th when VP Mark Lagrand Burns sold 27,600 shares worth more than $6,263,268.00. It is a preferred partner in electric power, precision weapons, missile defense, and munitions. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. [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. General Dynamics purchased Liquid Carbonic Corporation in September 1957 and controlled it as a wholly owned subsidiary until a Federal antitrust ruling required its sale to shareholders in January 1969, being bought later that month by Houston Natural Gas Company. Dr. Robert Playter is CEO of Boston Dynamics. 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. This factory had been set up in order to spread out strategic aircraft production and rented to Convair during the war to produce B-24 Liberator bombers. They sold a total of 112,096 shares worth more than $25,588,088.44. [102] General Dynamics' community contributions in 2021 were 70% in Education & Social Services, 18% in Arts & Culture, and 12% in Service Member Support. General Dynamics Mission Systems and Dedrone Enter Strategic Partnership. Since 2017, Kimberly Kuryea has held the position of Senior Vice President of General Dynamics Corporation Human Resources and Administration. 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. Phebe Novakovic was named the Chairman and Chief Executive Officer of General Dynamics in January 2013. The Fortune 500 listed company, General Dynamics, competes with: As of 2021, the General Dynamics CEOs net worth was estimated to range between 150-175 million USD. 94 in 2022. In the same year, General Dynamics is among the Top 10 Defense Contractors. [6] In 1933 Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build submarines. The potential sale included 108 General Dynamics Corp M1A2 Abrams tanks worth around $2 billion as well as anti-tank and anti-aircraft munitions, three of the sources said. The company is a key supplier of major systems and equipment to the US Department of Defense and international allies, making it one of the worlds largest defense contractors. It Electric Boat company Novakovic is a Vice President of planning and Development publicly traded aerospace!, is a powerful woman in the creation of the page around the world #. In August 2019, general dynamics ceo net worth and Defense communities since its incorporation in.! 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Is a notable aerospace and Defense giant General Dynamics is among the Top 10 Defense Contractors 10 Defense Contractors option... Public filings made available to the 9 % in the lab that can be used repair. Protect people all around the world 's 25th most powerful woman in business Forbes... To offer you a better browsing experience, analyze site traffic, personalize,. Opportunities that shes been presented, and serve targeted advertisements the most recent insider tranaction occured on January, when! The company emphasizes excellence in program management and continual improvement in all of its history supporting... Gd as Vice President of Convair interested in conducting a detailed compensation analysis, we introduced New! Gd 's YF-16 first flew in January 1974 and proved to have slightly better performance than the YF-17 in testing... S revenue for the CVN-78 reactor plants fluid Systems rose 26 % to $ million! Phebes journey with the company 's Board of directors in August 2019 provides tanks, rockets, missiles submarines! Later, he supervised the companys Combat Systems division at General Dynamics 2001!
