General Dynamics

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General Dynamics is a defense conglomerate formed by mergers and divestitures. It has changed markedly in the post-Cold War era of defense consolidation.

Table of contents

1 Product lines as of 2002

2 Legacy and Aquisitions

Product lines as of 2002

Aerospace - business aircraft
Combat Systems - land and amphibious military vehicles M1 Tank, Advanced Amphibious Assault Vehicle (AAAV), the XM2001 Crusader artillery system, and the Interim Armored Vehicle
Information Systems and Technology
Marine Systems - Seawolf-, Ohio-, and Los Angeles-class submarines and Arleigh Burke-class destroyers

Legacy and Aquisitions

Electric Boat was established in 1899 and became General Dynamics in 1952
Convair merged in 1954
Chrysler combat systems were acquired in 1982
Bath Iron Works was established in 1890 and acquired in 1995
Gulfstream Aerospace was founded in 1958 and acquired from Forstmann Little, in 2001
National Steel and Shipbuilding was established in 1905 and acquired in 1998

Subsidiaries

Businesses sold

coal mining
building materials
limestone
concrete
Cessna in 1992 to Textron
space systems to Martin Marietta
tactical missiles
fixed wing military aircraft

Financials

It has about $12 billion in sales, primarily military, but also civilian with its Gulfstream Aerospace unit and conventional ship-building and repair with its National Steel and Shipbuilding subsidiary.

It has tried to acquire Newport News Shipbuilding but been blocked by regulators and competitors.

External links

Company website (http://www.gd.com/)

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Categories: US aircraft manufacturers | Defence companies