General Dynamics
From The Matrix
General Dynamics is a defense conglomerate formed by mergers and divestitures. It has changed markedly in the post-Cold War era of defense consolidation.
Contents |
[edit] 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
[edit] 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 in 2001
- National Steel and Shipbuilding was established in 1905 and acquired in 1998
[edit] Subsidiaries
[edit] Businesses sold
- coal mining
- building materials
- limestone
- concrete
- Cessna in 1992 to Textron
- space systems to Martin Marietta
- tactical missiles
- fixed wing military aircraft
[edit] 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.
