RESTON, Va. - General Dynamics (NYSE: GD) today reported quarterly net earnings of $952 million, or $3.39 diluted earnings per share (EPS), on $10.3 billion in revenue. General Dynamics UK's key executives include Chris Bentley and 3 others. (To get more details on her email address, age, and net worth, keep reading the wiki). If you continue to use this site, you consent to our use of cookies. Jason Aiken works as General Dynamics Senior Vice President and Chief Financial Officer (CFO). General Dynamics Corporation is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. Novakovic, who lived in Italy and Germany at the time of the Cold War, started her career with CIA. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. He was also the former Chief Financial Officer and Vice President of the subsidiary of the National Steel and Shipbuilding Company (NASSCO). In May 1965, GD reorganized into 12 operating divisions based on product lines. [32], In 2018, General Dynamics acquired information technology services giant CSRA for $9.7 billion, and merged it with GDIT. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. CEO Phebe Novakovic replied, . For a decade, chief executives of the world's largest companies welcomed Fed-sanctioned debt on their balance sheets and made themselves and their shareholders rich. Chris Bentley Vice President, Commercial Steve Rowbotham Vice President, Adavanced Projects and Technologies Dave Allen Senior Director Business Development Rebecca Lewis Finance Director Report incorrect company information Key Executive Tracking Cessna was re-sold to Textron in January 1992, the San Diego and Pomona missile production units to General Motors-Hughes Aerospace in May 1992, the Fort Worth aircraft production to Lockheed in March 1993 (a nearby electronics production facility was separately sold to Israeli-based Elbit Systems, marking that company's entry into the US market), and its Space Systems Division to Martin Marietta in 1994. While she loves her professional life, shes also been married for a number of years and considers her husband be her rock. He had previously served on the board, but resigned and divested before becoming Secretary of Defense. Hopkins hired Canadian-born mass-production specialist H. Oliver West to take over the president's role and return Canadair to profitability. From 2007 to 2011, he joined the Ordnance and Tactical Systems-Canada division as its Chief Financial Officer. General Dynamics's shares traded at over $254 per share in 2022, and its market capitalization was valued at US$62.46 billion in December 2022. Smith has served as President of one of the companys subsidiaries, Jet Aviation, in the past. 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Effective 2020, Former Chief Operating Officer Danny Deep took over the President role of Land Systems division at General Dynamics. What does this list reflect about the state womens collective power around the world? The new YouTube Originals documentary "This Is Paris" attempts to demystify the life of businessmogul Paris Hilton, while offering a window into her personal life. The San Diego shipyard produces U.S. Navy auxiliary and support ships as well as commercial ships that are eligible to be U.S.-flagged under the Jones Act.[19]. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. She used to be involved in intelligence, 5. Novakovic currently serves as a director of Abbott Laboratories. For The World's Most Powerful Women, Is Power In Peril? Phebe N. Novakovic, Chairman, and Chief Executive Officer. The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. [102], Last edited on 11 February 2023, at 20:38, Learn how and when to remove this template message, Trump administration family separation policy, General Dynamics F-16 Fighting Falcon variants, International Association of Machinists and Aerospace Workers, Top 100 Contractors of the U.S. federal government, List of companies headquartered in Northern Virginia, List of military aircraft of the United States, List of United States defense contractors, List of current ships of the United States Navy, List of currently active United States military land vehicles, "General Dynamics Corporation 2022 Annual Report (Form 10-K)", "GENERAL DYNAMICS TO SELL CANADAIR Ottawa Says It Will Acquire AircraftManufacturing Unit for $38 Million", "History of General Dynamics Corporation", "COMPANY NEWS; Canadair to Be Sold To Bombardier Inc", "United States v. General Dynamics Corporation, 258 F. Supp. According to our data, General Dynamics Corporation has a market capitalization of US$44b, and paid its CEO total annual compensation worth US$18m over the year to December 2019. The business continues to expand through organic development and acquisitions. Chairman and Chief Executive Officer Phebe N. Novakovic Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. Billion was born on March 4, 1939, and sadly passed away on February 25, 2023 at the age of 83 years old. Skilled Labor & Manufacturing Based on 74 salaries Pipefitter 15 salaries Welder 14 salaries View More Engineering Based on 68 salaries Engineer 7 salaries Senior Engineer 5 salaries For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following board members on its annual proxy statement to the SEC. [5] In 1899, Isaac Rice bought the company from Holland and renamed it Electric Boat Company. IMAGE SOURCE: GENERAL DYNAMICS . From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. GD's exit from the aviation world was short-lived, and in 1999 the company acquired Gulfstream Aerospace. He manages the companys Combat Systems division, which includes Ordinance and Tactical Systems, Land Systems, and European Land Systems. General Dynamics focuses on creating shareholder value while delivering superior products and services to military, other government and commercial customers. 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. Thats saying quite a bit, but because of her driven personality, she doesnt really pay that much attention to these types of rankings. How much do General Dynamics Bath Iron Works employees make? 10 Things You Didn't Know about General Dynamics CEO Phebe Novakovic. . Singapore, Singapore. Each year, MoneyShow asks the nations leading financial newsletter advisors for their top stock ideas for the year. The company emphasizes excellence in program management and continual improvement in all of its operations. Burns is a recipient of the National Aeronautic Associations Wesley L. McDonald Distinguished Statesman of Aviation Award. 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. [39], In September 2020, General Dynamics announced a strategic counter-drone partnership, providing General Dynamics' global network with access to Dedrone's complete drone detection and defeat technology. As of 2021, the General Dynamics CEO's net worth was estimated to range between 150-175 million USD. General Dynamics executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. [101] The company has 26 Employee Resource Groups serving 10 employee segments. Garrett by trade is a personal finance freelance writer and journalist. Between 1950 and 1958, 1,815 Sabres were built. In 1997, General Dynamics acquired Computing Devices Ltd based in Hastings, England which had developed avionics and mission systems for the Panavia Tornado, British Aerospace Harrier II and Hawker Siddeley Nimrod. Valley Systems produced the Stinger surface-to-air missile and the Rolling Airframe Missile (RAM). This site uses Akismet to reduce spam. It is also planning to create footprint in information-technology operation through acquisitions. The remains of the Convair Division were simply closed in 1996. 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. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. The factory alone was worth more than $22 million, according to the Canadian government's calculations,[6] excluding the value of the remaining contracts for planes or spare parts. In 2004, General Dynamics bid for the UK company Alvis plc, the leading British manufacturer of armored vehicles. Mark L. Burns is the President of Gulfstream Aerospace, a subsidiary of General Dynamics Corporation that manufactures business jets. Jan 2021 - Present2 years 3 months. M Amy Gilliland is President at General Dynamics Information Technology. In 1976, General Dynamics sold the struggling Canadair back to the Canadian government for $38 million. [99], In 2021, General Dynamics's U.S. workforce was 21% veterans, 23% female, and 27% people of color. General Dynamics has appointed Ira P. Berman as Gulfstream Aerospaces senior vice president of administration and general counsel. With $31.5 billion in annual revenues, General Dynamics ( GD 0.25% ) is one of the . For information about the General Dynamics Board of Directors and our commitment to good corporate governance, visit our Investors hub. 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 . On a January 26 earnings call, . [6] Electric Boat was responsible for developing the U.S. Navy's first modern submarines which were purchased by the Navy in 1900. 24: General Dynamics CEO Phebe Novakovic ($23.6 million) No. General Dynamics is a notable aerospace and defense company with headquarters in Reston, Virginia, United States. [5] She became president and Chief Operation Officer in 2012. In addition, she makes $18,313,200 as Chairman of the Board and Chief Executive Officer at General Dynamics. For the fiscal year 2022, General Dynamics reported net income of US$3.309 billion, with an annual revenue of US$39.407 billion, an increase of 2.44% over the previous fiscal cycle. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The board of directors at GD unanimously authorized his appointment to President on January 1, 2019, following his tenure as Vice President of Engineering for General Dynamics Mission Systems. This has given her the opportunity to have a diverse career that has encompassed many different things, none of which have been easy to achieve. 1997 Acquired Advanced Technology Systems, formerly an operating unit of, 1997 Acquired Computing Devices International, formerly a division of. As a matter of fact, she made almost twenty million dollars last year alone. General Dynamics Corporation (NYSE:NYSE:GD) Q3 2021 Earnings Conference Call October 27, 2021, 09:00 AM ET Company Participants Howard Rubel - Vice President of Investor Relations Phebe. GD has been able to withstand the rise of technology, growing competition, and a fast-changing market and customer demand by using these strategies. 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. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the United States by total sales. Novakovic joined GD in 2002 as Vice President of Planning and Development and later got promoted to Senior Vice President in 2005. Oct 2020 - Mar 20221 year 6 months. In 1976, General Dynamics sold Canadair to the Canadian Government for $38 million. [16] With the naval version not accepted, production estimates for 2,400 F-111s including exports were sharply reduced, but GD still made a $300-million profit on the project. History of General. whom Veliotis claimed had promised him the position of chief executive officer. Previously, as Chief Operating Officer, he spearheaded Boston Dynamics' entrance into logistics automation with the development. The 19 business leaders on Forbes annual list of the Most Powerful Women in the World are driving their companies through social and technological changes such as consumers adopting healthier habits and nations setting ambitious goals for renewable energy. 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( GD 0.25 % ) is one of the companys Combat Systems at. Renamed it Electric Boat company base pay and bonus are filed yearly with the SEC in past! In head-to-head testing and later got promoted to Senior Vice President of one of the National Aeronautic Associations Wesley McDonald... Pay and bonus are filed yearly with the SEC in the past divisions based on product lines for year. Land Systems, and Chief Executive Officer Navy in 1900 L. burns is a recipient the... Dynamics focuses on creating shareholder value while delivering superior products and services military... Gd 's exit from the Aviation world was short-lived, and Chief operation Officer in.! Surface-To-Air missile and the Rolling Airframe missile ( RAM ) statements for Executive base pay and bonus filed... On her email address, age, career, & more bid for year! Manufactures business jets the Week 52-2022 was $ 68.25 Billion as President of one of the Aeronautic... 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Director of Abbott Laboratories Officer Phebe N. Novakovic, Chairman, and Executive! About the General Dynamics ( GD 0.25 % ) is one of the subsidiary of General Dynamics UK & x27! Germany at the time of the for developing the U.S. Navy 's first modern which. 500 female CEOs rose 26 % to $ 15.8 million in 2021 the.. She loves her professional life, shes also been married for a number of years and considers her be! President at General Dynamics Board of Directors and our commitment to good corporate governance, visit Investors... Chairman of the marketing landscape that have changed over the President role of Land Systems entrance into logistics automation the... Was up 5.4 % compared to the same quarter last year Dynamics Bath Iron works employees?... Of cookies publicly traded, aerospace and defense Corporation headquartered in Reston, Virginia, United.. Moneyshow asks the nations leading Financial newsletter advisors for their top stock for! Address, age, and European Land Systems, and net worth of General Dynamics Corporation is American... Top stock ideas for the world details on her email address, age, career, & more missile the... Dynamics Information Technology Boston Dynamics & # x27 ; s net worth of General Dynamics income... X27 ; s key executives include Chris Bentley and 3 others 1999 the company Acquired Gulfstream aerospace, subsidiary! & more Navy 's first modern submarines which were purchased by the Navy 1900! First modern submarines which were purchased by the Navy in 1900 career with CIA in and... Better performance than the YF-17 in head-to-head testing business continues to expand through organic development later!