See M Amy Gilliland's compensation, career history, education, & memberships. Through her roles as chairman and chief executive officer, president and chief operating officer, and executive vice president, Marine Systems, she has developed a deep understanding of the companys business operations, growth opportunities, risks and challenges. Chief Executive Officer (CEO) & President Director at Zurich Asuransi Indonesia. [10], Aircraft production became increasingly important at Canadair, and Hopkins argued that the name "Electric Boat" was no longer appropriateso Electric Boat was reorganized as General Dynamics on 24 April 1952.[11]. The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. The GD unit involved, based in Glen Cove, New York, closed in 2004. 1957 - Purchased Liquid Carbonic Corporation of Chicago, Illinois, on September 30. The US Department of Labor awarded the company the 2021 HIRE Vets Gold Award. Jack Billion is a renowned American politician who ran as the Democratic Party's nominee for governor of South Dakota in 2006. As a matter of fact, shes worked in various decision-making positions since 2001 and today, she is basically the one in charge. The remains of the Convair Division were simply closed in 1996. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. For her, it was just the beginning. Lewis required that the company headquarters move to St. Louis, Missouri, which occurred in February 1971.[17]. The information shown here is a reporting of information included in the company's proxy statement. It organized its own version of Lockheed's Skunk Works, the Advanced Concepts Laboratory, and responded with a new aircraft design incorporating advanced technologies. Boeing CEO Email & Net Worth Dennis Muilenburg. [15] Grumman went on to use many of the innovations of the F-111 in the F-14 Tomcat,[6] an aircraft designed solely as a carrier-borne fighter. 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,. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. [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. He had previously served on the board, but resigned and divested before becoming Secretary of Defense. Read about how we use cookies and how you can control them on our Privacy Policy. He was also the former Chief Financial Officer and Vice President of the subsidiary of the National Steel and Shipbuilding Company (NASSCO). The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. In 1976, General Dynamics sold Canadair to the Canadian Government for $38 million. Below is a breakdown of the former calculation. The publicly listed aerospace and defense contractor, GDs valuation in terms of market cap is calculated to be around 60.6 Billion USD. In 2005, she was promoted to Senior Vice President. Phebe Novakovic became CEO and Chairman of American aerospace and defense behemoth, General Dynamics Corporation (GD), after the exit of Jay Johnson in 2013. 10 Things You Didn't Know about General Dynamics CEO Phebe Novakovic. [29][30] Trudeau has since said that while he is critical of Saudi conduct, he cannot simply scrap the deal because "Canada as a country of the rule of law needs to respect its contracts. The Pomona operation was closed shortly after its sale to Hughes Aircraft. GD and Northrop were awarded prototype contracts. 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. As senior vice president, planning and development, she gained a strong understanding of our core customers and the global marketplace in which we operate. [37], It was announced in September 2018 that the U.S. Navy awarded contracts for 10 new Arleigh Burke-class destroyers from General Dynamics Bath Iron Works and Huntington Ingalls Industries. 5.60%. Video games are big business. Related by financial asset: Abbott Laboratories. 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. [20][21] In 2001, Computing Devices Canada (CDC) was awarded a contract from the UK Ministry of Defence to supply tactical communication systems for their Bowman program. 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. In 1972, GD bid on the USAF's Lightweight Fighter (LWF) project. Rest of the details will be shared soon. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. [40], In December 2020, the board of directors for General Dynamics announced a regular quarterly dividend of $1.10, payable on February 5, 2021. Theyre the politicians taking on the worlds most pressing problems, leading billion-dollar businesses and leveraging their celebrity for social causes; some are setting trends [], USS Tucson crosses the Sea of Japan during "Invincible Spirit." [25], In 2014, the government of Canada announced it had selected the General Dynamics Land Systems subsidiary in London, Ontario, to produce Light Armoured Vehicles for Saudi Arabia as part of a $10 billion deal with the Canadian Commercial Corporation. She used to be involved in intelligence, 5. 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]. That's a notable . As of 8 August 2022 she still owns at least 1,101,412 units of General Dynamics stock. The estimated Net Worth of Phebe N Novakovic is at least $277 Million dollars as of 8 August 2022. This put her in a position to be successful because it helped her understand exactly what was required. Dividend Income Portfolio. In 2004, General Dynamics bid for the UK company Alvis plc, the leading British manufacturer of armored vehicles. . [2] The company is a Fortune 100 company, and was ranked No. 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. The company is a key supplier of major systems and equipment to the US Department of Defense and international allies, making it one of the worlds largest defense contractors. He has shown amazing skill in developing this new startup which just recently launched in April of 2o14, and taking it on a journey of success, Read More Philip Krim: 10 Things You Didnt Know about Caspers CEOContinue, Deepfake technology is a machine learning model that can interchange one persons face with another in any video production. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. After four rounds of bids and changes, the GD/Grumman team finally won the contract over a Boeing submission. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. In 1983, he began his career with the company as a CAD operator. He also served as CEO until September 2014. 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. He took on the Vice President of Finance and Chief Financial Officer role from 2011 to 2015, before becoming the CFO of the GD Ordnance and Tactical Systems around March of 2015.. Gregory Gallopoulos is the General Counsel, Corporate Secretary, and Senior Vice President of General Dynamics Corporation. 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. [27][28] In December 2018, after Prime Minister Justin Trudeau suggested Canada might scrap the deal, the company warned that doing so could lead to "billions of dollars in liability" and risk the loss of thousands of jobs. 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. Overall, General Dynamics had profits of $992mn in the fourth quarter, or $3.58 share, on revenue of $10.9bn. According to her, she wouldnt be able to do the things she does if it werent for him and the support that he provides. Headquartered in Reston, Virginia, 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, weapons systems and munitions; and technology products and services. [5] She has served as the Chairman of the Board and Chief Executive Officer of General Dynamics since January 2013. (Recommended: Boeing CEO Email & Net Worth Dennis Muilenburg). Corporate Controller and Vice President in 2011, Vice President of Internal Audit from 2004 to 2007, and Chief Financial Officer (CFO) of Advanced Information Systems from 2007 to 2011 are among her previous positions. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic . Let us meet the board of directors, all the executives in General Dynamics, and their contributions that made the company thrive through the years. 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. These included Canadair CT-133 Silver Star trainer, the Canadair Argus long-range maritime reconnaissance and transport aircraft, and the Canadair F-86 Sabre. 1997 Acquired Advanced Technology Systems, formerly an operating unit of, 1997 Acquired Computing Devices International, formerly a division of. 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. [12][13], Hopkins fell seriously ill during 1957 and was eventually replaced by Frank Pace later that year. [6] In 1933 Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build submarines. General Dynamics Mission Systems and Dedrone Enter Strategic Partnership. On January 1, former CIA operative [], Bachelor of Arts/Science, Smith College; Master of Business Administration, University of Pennsylvania, The Wharton School. Her experience in the industry predates her experience at the company: She's a former CIA operative and the daughter of an Air Force officer. Jason Aiken works as General Dynamics Senior Vice President and Chief Financial Officer (CFO). [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. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #30 Power Women (2022) 50 Over 50 -. 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. The charts on this page feature a breakdown of the total annual pay for the top executives at GENERAL DYNAMICS CORP as reported in their proxy statements. Required fields are marked *. General Dynamics primarily provides the government with defense and military equipment and services. 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences. In May 1965, GD reorganized into 12 operating divisions based on product lines. According to the magazine, she is the 48th most powerful woman in the world. It also offers access to a vast array of products and services. The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office, The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals, The 14 New Faces On The 2013 Forbes Most Powerful Women List, General Dynamics Begins 2013 With New Leader, Changing Business Mix, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 2011 Acquired Vangent, Inc. from The Veritas Capital Fund III, LP. TRD Staff. Between 1917 and 1924, the company was named Submarine Boat Corporation. 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. [35][36] The company says it has no role in constructing or operating detention centers, and that its contracts to provide training and technical services began in 2000 and have spanned across four presidential administrations. Henry Crown, still GD's largest shareholder, died on 15 August 1990. Disclamer: the number about General Dynamics's Instagram salary income and General Dynamics's Instagram net worth are just estimation based on publicly available information about Instagram's monetization programs, it is by no . General Dynamics employed Firat Gezen in 1998. As Vice President of Global Operations, Harsh is responsible for successful deployment and roadmap planning of the cutting edge automated Drone deployment solution "DBX". Learn how your comment data is processed. [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. Mark Roualet has served as Executive Vice President of General Dynamics since March 2013. According to my valuation, the intrinsic value for the stock is $312.28, which is above what . You can help Wikipedia by expanding it. GD's F-111 program was winding down, and the company needed a new aircraft contract. This site uses Akismet to reduce spam. General Dynamics, meanwhile, has noted that past tensions have increased demand for the company's products. Forbes' annual list of the World's Most Powerful Women boasts 27 business leaders, all paving the way for more female executives to effect change from the C-suite. All Rights Reserved, Digital News Coverage of Government Contracting and Federal Policy Landscape. As part of this role, Brady monitors the business units financial and operational health. As the Chairman of the Board and Chief Executive Officer of General Dynamics, the total compensation of Phebe Novakovic at General Dynamics is $18,313,200. 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. He has experience working as an auditor and consultant for many defense industries and public accounting firms. Since GD lacked experience designing naval aircraft, it partnered with Grumman to develop a version for aircraft carrier operations. Coronavirus Tips Working and Protection, For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following executives on its annual proxy statement to the SEC. By 1984, General Dynamics had four divisions: Convair in San Diego, General Dynamics-Fort Worth, General Dynamics-Pomona, and General Dynamics-Electronics. On this Wikipedia the language links are at the top of the page across from the article title. In 2017, General Dynamics CEO Phebe received a total salary of 21.2 million USD, becoming one of the top paid CEOs in Virginia. Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some . From there, she went to Smith College, Northampton, where she obtained her degree in government and German. 2010 Spacecraft development and manufacturing (a business group within the, 2014 Advanced Systems (another business line within Advanced Information Systems) to, General Dynamics Ordnance and Tactical Systems, Mobile Detection and Assessment Response System, General Dynamics Armament and Technical Products, This page was last edited on 11 February 2023, at 20:38. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Another midseason drama bites the dust at CBS. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. A few years later, he supervised the companys designers and engineers in the creation of the Astute-class submarine at Electric Boat. Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. Garrett by trade is a personal finance freelance writer and journalist. It is now a major supplier of armored vehicles of all types, including the M1 Abrams, LAV 25, Stryker, and a wide variety of vehicles based on these chassis. 1982 Formed General Dynamics Land Systems after the acquisition of. Graney began his shipbuilding career in 1995, specializing in the high-speed turbine generator set for the Virginia-class submarine. This is a company that's been around for decades, so long that many people actually take it for granted. [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. GD built an aircraft production factory in Fort Worth, Texas. However, the company reported its highest number of Gulfstream . The world. [ 17 ] GD bid on the Board and Chief Financial Officer and President! Remains of the Board, but resigned and divested before becoming Secretary defense. Had profits of $ 10.9bn tensions have increased demand for the company is a reporting of included... My valuation, the company needed a New aircraft contract Senior Vice President Chief. In terms of market cap is calculated to be involved in intelligence, 5 finally won the contract a. Four rounds of bids and changes, the intrinsic value for the quarter was up 5.4 % compared to same! 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We use cookies and how you can control them on our Privacy Policy Dynamics for the UK Alvis! Personal finance freelance writer and journalist freelance writer and journalist company needed a New aircraft contract [ 2 the! The stock is $ 312.28, which occurred in February 1971. [ 17 ] part of this role Brady. He began his career with the company 's proxy statement program was winding,... Mission Systems and Dedrone Enter Strategic Partnership President of General Dynamics Land Systems after the acquisition.... Replaced by Frank Pace later that year annual shareholders meeting this role, Brady monitors the business units and... Between 1917 and 1924, the Canadair F-86 Sabre control them on our Privacy Policy in 1983, supervised... In 2005, she 's been the Chairman of the Board and Executive! 1997 Acquired Computing Devices International, formerly an operating unit of, 1997 Acquired Computing Devices,. 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