General Dynamics

General Dynamics Corporation
Company typePublic
Industry
Founded1893; 131 years ago (1893) as the Holland Torpedo Boat Company
FounderJohn Philip Holland
Headquarters,
United States
Area served
Worldwide
Key people
Phebe Novakovic (chairman and CEO)
Products
Services
RevenueIncrease US$42.3 billion (2023)
Increase US$4.25 billion (2023)
Decrease US$3.32 billion (2023)
Total assetsIncrease US$54.8 billion (2023)
Total equityIncrease US$21.3 billion (2023)
Number of employees
111,600 (2023)
Divisions
  • Aerospace
  • Marine Systems
  • Combat Systems
  • Technologies
Subsidiaries
Websitegd.com
Footnotes / references
[1]

General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales.[2] The company is a Fortune 100 company, and was ranked No. 94 in 2022.[3]

Formed in February 21, 1952 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 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.

In 2022, General Dynamics had worldwide sales of $39.4 billion and a workforce of approximately 106,500 full-time employees.[1] The current chairman and chief executive officer (CEO) is Phebe Novakovic.

  1. ^ a b "General Dynamics Corporation 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 8 February 2024.
  2. ^ "SIPRI Arms Industry Database". Stockholm International Peace Research Institute. Retrieved 7 August 2022.
  3. ^ "General Dynamics Company Profile". Fortune. Retrieved 2021-12-15.
  4. ^ Robert Trumbull (1975-11-29). "General Dynamics to Sell Candadair; Ottawa Says It Will Acquire Aircraft-Manufacturing Unit for $38 Million". The New York Times. Retrieved 2019-08-21.