1957 - Purchased Liquid Carbonic Corporation of Chicago, Illinois, on September 30. Executive Gov provides you with Free Daily Updates and News Briefings about Articles, Receive the Daily News Briefing And Events Updates Straight to Your Inbox. Most recently he sold 20,000 units of MLM stock worth $6,748,000 on 9 March 2021 . Over the years, shes done a number of interesting things and shes found herself in positions that dont come around frequently to a lot of women, at least from a professional standpoint. [7], In 1906, Electric Boat subcontracted submarine construction to the Fore River Shipyard in Quincy, Massachusetts, to build the submarines they had designed and won contracts for. Company Info General Dynamics Corp. 11011 Sunset Hills Road Reston Virginia 20190 United States Email Website Map Employees - Sector Defense Equipment/Products Sales or Revenue 39.41 B Industry. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic. Good news, investors! Valley Systems produced the Stinger surface-to-air missile and the Rolling Airframe Missile (RAM). Meet GENERAL DYNAMICS' marquee product -- the M1A2 ABRAMS MAIN BATTLE TANK. GD built an aircraft production factory in Fort Worth, Texas. Key Attributes/Skills/Expertise: Ms. Novakovics service as a senior officer of General Dynamics since 2002 makes her a valuable and trusted leader. On average, Phebe trades about 26,543 units every 64 days since 2004. Taiwan has been. During her latter years as SVP (2010-2012), she also held the position of Executive Vice President of Marine Systems. [2] Biography [ edit] Early life [ edit] 1 month ago - PRNewsWire. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World. Boeing General Dynamics Salary & Net Worth - Investors, Funding, & Valuation Gregory, the CEO of leading American defense company, received a total salary of 17 million USD in 2017. Analysts had expected net income of $976mn, or $3.55 per share. As a matter of fact, the majority of that twenty billion dollars was in company equity, not cash. Smith has served as President of one of the companys subsidiaries, Jet Aviation, in the past. 2002 Acquired German company EWK Eisenwerke Kaiserslautern, and changed its name to General Dynamics European Land Systems-Germany. Continuation of my previous role as CEO & President Director of Adira Insurance following the rebranding of the company to Zurich Asuransi Indonesia (ZAI). You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). $80 Billion. 8 equities research analysts have issued twelve-month price objectives for General Dynamics' shares. Below is a breakdown of the former calculation. 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences. Executive Mosaic In 2002, Novakovic joined GD as Vice President of Planning and Development. Following the completion of the sale, the vice president now owns 56,909 shares in the company, valued at approximately $12,914,359.37. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. General Dynamics purchased Convair from the Atlas Group in March 1953. He is a very diverse actor that has starred in a wide range of movies from different genres. Sold (or bought if negative) in USD CHABRAJA NI CASEY JOHN For her, it was just the beginning. Between 1917 and 1924, the company was named Submarine Boat Corporation. We're driven by our endless pursuit of excellence. During her last terms as SVP (from 2010 to 2012 . 1969 - Forced by Federal order to divest itself of Liquid Carbonic Corporation in January; Liquid Carbonic was then purchased by Houston Natural Gas Co. 1976 Canadair sold back to the Canadian government. Previously, as Chief Operating Officer, he spearheaded Boston Dynamics' entrance into logistics automation with the development. 29: Accenture CEO Julie Sweet ($23.1 million) No. The largest trade she's ever made was exercising 733,000 units of General Dynamics stock on 21 June 2019 worth over $49,624,100. For those who are curious, there was an estimate that video game revenue would reach $179.7 billion in 2020, which would be more than film and North American sports put, Read More How TikTok Owner ByteDance Plans to Tackle GamingContinue, With an alumnus of more than 330,000, youd expect at least a few of the University of Floridas past students to have achieved a degree of success. Jan 2021 - Present2 years 3 months. [3] Covid-19 has turned the strategy into an addiction. In 2005, she was promoted to Senior Vice President. [102] General Dynamics' community contributions in 2021 were 70% in Education & Social Services, 18% in Arts & Culture, and 12% in Service Member Support. Roualet joined Chrysler Defense, Inc. (now GD Land Systems) as a quality engineer. [41][42], On December 26, 2020, General Dynamics confirmed that their business division General Dynamics Land Systems was awarded a $4.6 billion contract by the U.S. Army for M1A2 SEPv3 Abrams main battle tanks. The US Department of Labor awarded the company the 2021 HIRE Vets Gold Award. The most recent insider tranaction occured on January, 27th when VP Mark Lagrand Burns sold 27,600 shares worth more than $6,263,268.00. GD and Northrop were awarded prototype contracts. On a January 26 earnings call, . In 2020 she was appointed a director of J. P. Morgan Chase.[1]. For the quarter, General Dynamics reported earnings per diluted share of $2.65 on revenues somewhat in excess of $7.5 billion, operating earnings of slightly more than $1 billion and net earnings . In 1976, General Dynamics sold Canadair to the Canadian Government for $38 million. When she decided to exit the Central Intelligence Agency, she went to work for General Dynamics and it didnt take her long to find herself in a position of leadership. By 1984, General Dynamics had four divisions: Convair in San Diego, General Dynamics-Fort Worth, General Dynamics-Pomona, and General Dynamics-Electronics. In the same year, General Dynamics is among the Top 10 Defense Contractors. Following this, the company started to rapidly divest its under-performing divisions under CEO William Anders. The land-based F-111 first flew in December 1964; the carrier-capable F-111B flew in May 1965, but proved overweight and underpowered for the navy's needs. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. Before he joined the company in 2002, Jason W. Aiken was an audit manager at Arthur Andersen LLP in Washington, D.C. Mark Sutton is the Chief Executive Officer of International Paper. (Recommended: Boeing CEO Email & Net Worth Dennis Muilenburg). [citation needed], Electric Boat was cash-flush but lacking in work following World War II, during which it produced 80 submarines for the Navy, with its workforce shrinking from 13,000 to 4,000 by 1946. [2] The company is a Fortune 100 company, and was ranked No. TRD Staff. The chairman of General Dynamics Corp. received a pay package last year valued at $9.35 million during his first year as chief executive of the giant defense contractor, according to company. In 2017, General Dynamics CEO Phebe received a total salary of 21.2 million USD, becoming one of the top paid CEOs in Virginia. Related by financial asset: Abbott Laboratories. In other General Dynamics news, VP Mark Lagrand Burns sold 27,600 shares of the company's stock in a transaction on Friday, January 27th. Learn how your comment data is processed. Phebe's mailing address filed with the SEC is 383 MADISON AVENUE, , NEW YORK, NY, 10179-0001. The 28 analysts offering price forecasts for General Dynamics have a median target of 236.50, with a high estimate of 298.00 and a low estimate of 163.00. General Dynamics purchased Liquid Carbonic Corporation in September 1957 and controlled it as a wholly owned subsidiary until a Federal antitrust ruling required its sale to shareholders in January 1969, being bought later that month by Houston Natural Gas Company. GD's exit from the aviation world was short-lived, and in 1999 the company acquired Gulfstream Aerospace. GD's YF-16 first flew in January 1974 and proved to have slightly better performance than the YF-17 in head-to-head testing. As senior vice president, planning and development, she gained a strong understanding of our core customers and the global marketplace in which we operate. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Over the last 20 years, insiders at General Dynamics have traded over $146,867,600 worth of General Dynamics stock and bought 36,375 units worth $2,872,964 1993 Fort Worth Division, a producer of fixed-wing military aircraft, was sold to, 1993 Space Systems Division was sold to. RESTON, Va., Feb. 17, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) Chief Financial Officer Jason W. Aiken will speak at the Barclays 2022 Industrial Select Conference in Miami on Thursday . Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. This site uses Akismet to reduce spam. He has experience working as an auditor and consultant for many defense industries and public accounting firms. According to our data, General Dynamics Corporation has a market capitalization of US$54b, and paid its CEO total annual compensation worth US$21m over the year to December 2018. [3] 4. As a matter of fact, shes worked in various decision-making positions since 2001 and today, she is basically the one in charge. 64: Duke Energy CEO. [40], In December 2020, the board of directors for General Dynamics announced a regular quarterly dividend of $1.10, payable on February 5, 2021. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. The most recent stock trade was executed by Mark Lagrand Burns on 27 January 2023, trading 27,600 units of GD stock currently worth $3,749,460. Phebe Novakovic Read Edit View history Phebe Novakovic is an American businesswoman and former intelligence officer. Ms. Novakovic owns over 320,260 units of General Dynamics stock worth over $259,118,187 and over the last 19 years she sold GD stock worth over $0. General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military. General Dynamicss culture encourages innovation, agility, and diversity. Currently, the Chairman and Chief Executive Officer of the company, Novakovic has served General Dynamics Corporation as President and COO since 2012. How Bebe Rexha Achieved a Net Worth of . Product of above two values = $68.25 Billion. What does this list reflect about the state womens collective power around the world? Board of Directors in GENERAL DYNAMICS CORP. General Dynamics focuses on creating shareholder value while delivering superior products and services to military, other government and commercial customers. 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