General Dynamics (NYSE: GD (http://www.nyse.com/about/listed/lcddata.html?ticker=GD)) is a defense conglomerate formed by mergers and divestitures. It has changed markedly in the post-Cold War era of defense consolidation. Nicholas D. Chabraja is the CEO. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... A conglomerate is a large company that consists of divisions of seemingly unrelated businesses. ... This page deals with the combination of two companies into one. ... A cold war is a state of conflict between nations that does not involve direct military action but is pursued primarily through economic and political actions, acts of espionage or conflict through surrogates. ...

History

Legacy and Aquisitions

• 1899 - Electric Boat was established and became General Dynamics in 1952
• 1954 - Convair merged with General Dynamics
• 1982 - GD Combat Systems formed after acquisition of Chrysler's combat systems
• 1995 - Acquired Bath Iron Works, established in 1890
• 1999 - Gulfstream Aerospace acquired from Forstmann Little, the company was founded in 1958
• 1998 - Acquired National Steel and Shipbuilding, established in 1905

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Divestitures

• Coal mining
• Building materials
• Limestone
• Concrete
• 1991 - Data Systems Division outsourced to Computer Sciences Corp.
• 1992 - Tactical Missiles Division to Hughes Electronics.
• 1992 - Cessna to Textron
• 1993 - Fixed wing military aircraft to Lockheed Martin
• 1993 - Space Systems Division to Martin Marietta
• 1994 - Convair's aerostructures unit to McDonnell Douglas, (Convair closed in 1996).

Computer Sciences Corporation (CSC) is a software services company headquartered in El Segundo, California, USA. CSCs history began in April 1959 when it was founded by Roy Nutt and Fletcher Jones, with the goal of providing programming tools such as assemblers and compilers. ... Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5 billion. ... Cessna 195. ... Textron (NYSE: TXT) is a major US based conglomerate, who, unlike most other conglomerates, remains fairly large today after the glory years in the 1960s. ... Lockheed/BAE/Northrop F-35 Lockheed Trident missile C-130 Hercules; in production since the 1950s, now as the C-130J Lockheed Martin (NYSE: LMT) is an aerospace manufacturer formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. ... Martin Marietta Corporation was founded in 1961 through the merger of The Martin Company and American-Marietta Corporation. ... DC-10, retired from American Airlines fleet at gate McDonnell Douglas was a major American aerospace manufacturer, producing a number of famous commercial and military aircraft. ...

Product lines as of 2002

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

2002 is a common year starting on Tuesday of the Gregorian calendar. ... The M1 Abrams main battle tank is the principal combat tank of the United States Army. ... USMC Advanced Amphibious Assault Vehicle. ... XM2001 Crusader firing a shell The XM2001 Crusader was to be the United States Armys next generation self-propelled howitzer, designed to provide significant increases in artillery survivability, lethality, mobility, and operational effectiveness. ... Seawolf (SSN-575) Class The second nuclear-powered submarine, USS Seawolf (SSN-575), which served from the early 1950s through 1987, was unique, and so can be considered the lead boat of the Seawolf (SSN-575) class. Since she had no sister ships, however, there is no distinction between information... SSN is a three-letter abbreviation with multiple meanings: Social Security Number, used by Social Security (United States). ... USS Greeneville off the coast of Honolulu, Hawaii. ... The United States has 18 Ohio class submarines: 14 nuclear-powered SSBNs, each armed with 24 Trident II SLBMs; they are also known as Trident submarines, and provide the sea-based leg of the triad of the United States strategic deterrent forces 4 nuclear-powered SSGNs, each armed with 154... SSBN is the United States Navy Hull classification symbol for a fleet ballistic missile submarine. ... USS Lassen (DDG-82), an Arleigh Burke class destroyer. ... This article is about the warship. ...

Subsidiaries

Aerospace

• General Dynamics Aviation Services
• Gulfstream Aerospace

Gulfstream Aerospace Corporation is located in Savannah, Georgia, USA and has been a unit of General Dynamics since 2001. ...

Combat Systems

• European Land Combat Systems
• General Dynamics Land Systems
• General Dynamics Armament and Technical Products
• General Dynamics Ordnance and Tactical Systems

Information Systems & Technology

• General Dynamics Advanced Information Systems
• General Dynamics C4 Systems
• General Dynamics Network Systems
• General Dynamics United Kingdom

Marine Systems

• American Overseas Marine
• Bath Iron Works
• Electric Boat
• National Steel and Shipbuilding

Financials

General Dynamics 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.

In 2004 General Dynamics bid for the UK company Alvis Vickers, the leading British manufacturer of armoured vehicles. In March the board of Alvis Vickers voted in favour of the £309m takeover. However at the last minute BAE Systems offered £355m for the company in what was seen as a move to keep General Dynamics out of its "back yard". This deal was finalised in June 2004. The Vickers corporation, founded as the Vickers company in 1828, was a British manufacturer, primarily of military equipment. ... BAE SYSTEMS is a multinational defence and commercial aerospace products manufacturer. ...

General Dynamics has tried to acquire Newport News Shipbuilding but been blocked by regulators and competitors. Northrop Grumman Newport News, formerly called Newport News Shipbuilding and Drydock Company (NNS), is the largest privately owned shipyard in the United States and the only one that can build Nimitz-class supercarriers. ...

External links

• Company website (http://www.gd.com/)
• Yahoo! - General Dynamics Corporation Company Profile (http://biz.yahoo.com/ic/10/10633.html)