General Dynamics

General Dynamics

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

Its current 2002 divisions and major products include:

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

Predecessor companies:

Electric Boat was established in 1899 and became General Dynamics in 1952
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 in 2001
National Steel and Shipbuilding was established in 1905 and acquired in 1998

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.

Business it no longer has:

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

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

External links

Company website