Jack Billion is a renowned American politician who ran as the Democratic Party's nominee for governor of South Dakota in 2006. Before becoming Vice President of General Dynamics in October 2018, he served in a variety of leadership positions. [6] In 1933 Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build submarines. 2022 Copyrights The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Their GD share price forecasts range from $222.00 to $325.00. 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. 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. In March the board of Alvis Vickers voted in favor of the 309m takeover. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The average General Dynamics Information Technology executive compensation is $230,757 a year.The median estimated compensation for executives at General Dynamics Information Technology including base salary and bonus is $232,267, or $111 per hour. In 2020 she was appointed a director of J. P. Morgan Chase.[1]. 64: Duke Energy CEO. Number of outstanding shares of GENERAL DYNAMICS = 276382000.00. 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]. [43], Electric Boat was established in 1899. After four rounds of bids and changes, the GD/Grumman team finally won the contract over a Boeing submission. 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. Mark Sutton is the Chief Executive Officer of International Paper. Christopher Marzili is the Executive Vice President in charge of the Information Technology and Mission Systems divisions. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. All Rights Reserved, Digital News Coverage of Government Contracting and Federal Policy Landscape. Her career at the company started in 2001. Under her leadership, GD focused on developing military hardware and business jets to turn profitable. He is a very diverse actor that has starred in a wide range of movies from different genres. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. As of 2021, the General Dynamics CEO's net worth was estimated to range between 150-175 million USD. There are 9 older and 20 younger executives at General Dynamics. For most people, this job would be exciting enough and there would be no need to prove themselves further after the fact. History [ edit] Electric Boat [ edit] General Dynamics traces its ancestry to John Philip Holland 's Holland Torpedo Boat Company. With over 10 years experience he's covered businesses, CEOs, and investments. The roles he handled previously include Deputy General Manager, President of General Dynamics C4 Systems, President of Mission Systems and Vice President of General Dynamics. 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. 1982 Formed General Dynamics Land Systems after the acquisition of. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. Fast Growers. [22] As of 2020[update], it comprises two business units: General Dynamics Land Systems - UK and General Dynamics Mission Systems - UK and operates in eight sites across the United Kingdom. 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. Chairman and Chief Executive Officer Phebe N. Novakovic M Amy Gilliland is President at General Dynamics Information Technology. . Chief Executive Officer (CEO) & President Director at Zurich Asuransi Indonesia. Continuation of my previous role as CEO & President Director of Adira Insurance following the rebranding of the company to Zurich Asuransi Indonesia (ZAI). 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. The company offers four business groups to its clients: Aerospace, Combat Systems, Marine Systems, and Technologies. 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. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic. In 1985, GD also acquired Cessna. [6] President and chief executive officer John Jay Hopkins started looking for companies that would fit into Electric Boat's market in hopes of diversifying. Its important to remember that most of that money is not actually in cash. [26] The sale has been criticized by political opponents because of the Saudi Arabian-led intervention in Yemen. General Dynamics, meanwhile, has noted that past tensions have increased demand for the company's products. Before he joined the company in 2002, Jason W. Aiken was an audit manager at Arthur Andersen LLP in Washington, D.C. Ellison's net worth makes him one of the richest people in the world behind other tycoons like Jeff Bezos. Upon graduating high school, she attended college in Massachusetts to get an MBA. 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. 1966)", "Boeing moving defense HQ from St. Louis to D.C. area", "General Dynamics to Buy Bath Iron Works Shipyard: Defense: The purchase would give the contractor access to $2 billion in orders for Navy ships", "Defense Giant to Purchase Nassco for $415 Million", "Transatlantic Defence Industrial Relationship: An Audit and Commentary", "Protest over Hastings Firm's Links to US Child Detention", "BAE outguns US rival with 355m bid for Alvis", "General Dynamics Canada wins $10B deal with Saudi Arabia", "Union asks NDP to keep Saudi armoured vehicles deal 'under wraps', fearing 'significant' job losses", "Advocates urge Ottawa to cease sales of military goods to Saudi Arabia amid growing backlash against war in Yemen", "General Dynamics warns Canada: Cancelling Saudi deal would cost billions", "General Dynamics warns Canada: Canceling Saudi deal would cost billions", "Tension between Canada and Saudi Arabia is now weighing on an American defence giant's earnings | Financial Post", "General Dynamics reports financial fallout with Saudi Arabia", "General Dynamics completes CSRA acquisition", "General Dynamics: Divest from War & Prisons", "US defense contractors profit from child detentionand you might, too", "Job postings offer clues to inner workings of facilities for immigrant children", "Frequently Asked Questions| General Dynamics", "U.S. Navy Places Advance Order for 10 New Destroyers", "Jim Mattis rejoining General Dynamics board of directors". General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles,. 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. The media-shy Novakovic is fond of opera, which was her grandmothers favorite too. If you continue to use this site, you consent to our use of cookies. In 2005, she was promoted to Senior Vice President. 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 $80 Billion. The Society for Science & the Public is awarding nearly $350,000 to help students of different races and ethnicities in STEM and students from low-income households and underserved groups. With $31.5 billion in annual revenues, General Dynamics ( GD 0.25% ) is one of the . This is a company that's been around for decades, so long that many people actually take it for granted. 10 Things You Didn't Know about General Dynamics CEO Phebe Novakovic. GD's F-111 program was winding down, and the company needed a new aircraft contract. These included Canadair CT-133 Silver Star trainer, the Canadair Argus long-range maritime reconnaissance and transport aircraft, and the Canadair F-86 Sabre. 1957 - Purchased Liquid Carbonic Corporation of Chicago, Illinois, on September 30. The General Dynamics that remains will continue to be the Pentagon's sole supplier of Army tanks, Navy submarines and Atlas rocket launchers, with about $3.5 billion in sales -- about one-third. Dr. Robert Playter is CEO of Boston Dynamics. [6], Canadair was owned by the Canadian government and was suffering from the same post-war malaise as Electric Boat. 2010 2012 2014 2016 2018 2020 2022 $15 $20 $25 $30 $35 $40 $45 $50 $55 $60 $65 $70 GD Market Capitalization (Billions of Dollars) Following the completion of the sale, the vice president now owns 56,909 shares in the company, valued at approximately $12,914,359.37. Jakarta, Indonesia. [6] Electric Boat was responsible for developing the U.S. Navy's first modern submarines which were purchased by the Navy in 1900. 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 Additionally, she is an active member of the Manhattan Board Committee. General Dynamics Mission Systems and Dedrone Enter Strategic Partnership. The publicly listed aerospace and defense contractor, GDs valuation in terms of market cap is calculated to be around 60.6 Billion USD. The business of General Dynamics continues to expand through acquisitions and business sectors. As the pandemic persists, labor shortages in transportation and other areas of the food industry could prove to be a problem. A few years later, he supervised the companys designers and engineers in the creation of the Astute-class submarine at Electric Boat. According to the magazine, she is the 48th most powerful woman in the world. Phebe Novakovic is a powerful woman, there is simply no doubt about that. 1997 Acquired Advanced Technology Systems, formerly an operating unit of, 1997 Acquired Computing Devices International, formerly a division of. She worked as Operations Officer at Central Intelligence Agency (CIA). CEO Buys after Price Drop > 20%. From 2010 to 2012, she headed companys Marine Systems as EVP. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. Phebes husband David Morrison took retirement from his job of Chief Lobbyist at Boeing and went to study Divinity at Princeton Theological Seminary. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. [7] As of 2018, she is listed as the 25th most powerful woman in the world by Forbes,[2] rising from 56th in 2015 and 65th in 2014. It is not surprising that he quickly scaled the corporate ladder from deputy general counsel in July 2008 to vice president in September of the same year, given his years of experience in legal and management in government litigation. GD built an aircraft production factory in Fort Worth, Texas. General Dynamics net worth as of January 13, 2023 is $65.97B. At the end of the fourth quarter of 2022 our total US headcount was 338, or 9%, of the company's total headcount. 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. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives.
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