2941 Fairview Park Drive
Falls Church, VA 22042
CEO: Phebe Novakovic
Stock Symbol: GD
General Dynamics is a major defense contractor.
It develops business aviation and aircraft services, land and
amphibious combat systems, mission-critical information systems
and technologies, and shipbuilding and marine systems. The company
is a leading supplier of sophisticated defense systems to the
United States and its allies, and sets the world standard in
The company has four main business segments:
Aerospace, Combat Systems, Information Systems and Technology,
and Marine Systems.
The Aerospace Group is the world's leading designer, developer, manufacturer and marketer of mid-size and intercontinental business jet aircraft, and a major provider of maintenance and refurbishment services for a wide variety of business jets. The Aerospace group is comprised of Gulfstream Aerospace and Jet Aviation Services.
General Dynamics Combat Systems is a supplier
of land and amphibious combat system development, production
and support. Its product line includes a full spectrum of armored
vehicles, light wheeled reconnaissance vehicles, suspensions,
engines, transmissions, guns and ammunition handling systems,
turret and turret drive systems, and reactive armor and ordnance.
Marine Systems is the U.S. Navy's leading
supplier of combat vessels including nuclear submarines,
surface combatants, and auxiliary ships. It also manages ready-reserve
and prepositioning ships and builds large-hulled vessels for
select commercial customers.
In 2013, the company reported revenues of $31.21 billion, down from $31.5 billion, and net earnings of $2.35 billion.
The company’s total backlog was $46.0 billion at the end of 2013.
General Dynamics was officially established
February 21, 1952, although it has organizational roots dating
back to the late 1800s. The company was formed after its predecessor
and current operating division, Electric Boat, acquired the aircraft
company Canadair Ltd. and began building the first nuclear-powered
submarine, USS Nautilus.
The company added its first Combat Systems
business unit, Land Systems, in 1982; its first Information Systems
and Technology business unit, Advanced Technology Systems, in
1997; and returned to the aerospace business with Gulfstream
Employee benefits may vary with division.
- Savings and Stock Investment Plan (SSIP)
- Life, long-term disability and other insurance products
- Reimbursement accounts for child care and out-of-pocket medical expenses
- Group legal services
Updated October 27, 2014