2002 Acquired German company EWK Eisenwerke Kaiserslautern, and changed its name to General Dynamics European Land Systems-Germany. Information on this page was last updated on 1/27/2023. General Dynamics current chairman and chief executive officer is Phebe N. Novakovic. What does this list reflect about the state womens collective power around the world? See M Amy Gilliland's compensation, career history, education, & memberships. 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. TRD Staff. The business of General Dynamics continues to expand through acquisitions and business sectors. Another midseason drama bites the dust at CBS. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. How much do General Dynamics Bath Iron Works employees make? GD and Northrop were awarded prototype contracts. As the pandemic persists, labor shortages in transportation and other areas of the food industry could prove to be a problem. Before he joined the company in 2002, Jason W. Aiken was an audit manager at Arthur Andersen LLP in Washington, D.C. 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. Overseeing the accounting, corporate financial systems, financial reporting, and government finance, he has held a significant position in the companys finance management. Thats more money than most people will ever make throughout their entire lives. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. 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]. He was conversant with 6 languages except English and worked for the US Air Force as an Intelligence Officer. There are no executives at General Dynamics getting paid more. IMAGE SOURCE: GENERAL DYNAMICS . The remains of the Convair Division were simply closed in 1996. Amy Gilliland is president of General Dynamics Information Technology (GDIT), a business unit of General Dynamics Corporation. By Garrett Parker Posted on October 9, 2018 March 29, . It provides tanks, rockets, missiles, submarines, warships, fighters, and electrical devices to the United States armed forces. 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. She attributes her success to the fact that she has had the vision to turn her dreams into reality, her willingness to work hard and do what is necessary to succeed and her understanding of what requirements must be met in order for her to do well in the professional world. In 2002, Novakovic joined GD as Vice President of Planning and Development. In 1995, General Dynamics purchased the privately held Bath Iron Works shipyard in Bath, Maine, for $300 million, diversifying its shipbuilding portfolio to include U.S. Navy surface ships such as guided-missile destroyers. [3] As President of General Dynamics Mission Systems, Chris Brady supervises the whole division. F-16 orders eventually totaled more than 4,600,[citation needed] making it the company's largest and most successful program. Let us meet the board of directors, all the executives in General Dynamics, and their contributions that made the company thrive through the years. If you continue to use this site, you consent to our use of cookies. 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. It also offers access to a vast array of products and services. 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. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. Chicago industrialist Henry Crown became the company's largest shareholder and merged his Material Service Corporation with GD in 1959. [15], Frank Pace retired under pressure in 1962 and Roger Lewis, former Assistant Secretary of the Air Force and Pan American Airways CEO, was brought in as CEO. Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. This factory had been set up in order to spread out strategic aircraft production and rented to Convair during the war to produce B-24 Liberator bombers. Continuation of my previous role as CEO & President Director of Adira Insurance following the rebranding of the company to Zurich Asuransi Indonesia (ZAI). GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. As of 2021, the General Dynamics CEO's net worth was estimated to range between 150-175 million USD. GD CEO Phebes journey with the company began in 2001. Sign Up Now! Burns is a recipient of the National Aeronautic Associations Wesley L. McDonald Distinguished Statesman of Aviation Award. Your email address will not be published. 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. Most recently he sold 20,000 units of MLM stock worth $6,748,000 on 9 March 2021 . 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. Garrett by trade is a personal finance freelance writer and journalist. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #30 Power Women (2022) 50 Over 50 -. . We boldly anticipate your future needs, elevating aviation to an art form. Dividend Income Portfolio. The work for this was carried out at its new UK headquarters in Oakdale, Wales and the company was renamed General Dynamics UK Limited. Convair also developed the Atlas missile, the US's first operational intercontinental ballistic missile. After four rounds of bids and changes, the GD/Grumman team finally won the contract over a Boeing submission. Formed in 1954 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair,[4] the corporation today consists of ten subsidiary companies with operations in 45 countries. 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. Defense spending increased with the onset of the Cold War, and Canadair went on to win many Canadian military contracts for the Royal Canadian Air Force and became a major aerospace company. Number of outstanding shares of GENERAL DYNAMICS = 276382000.00. David Paddock has been appointed Vice President of Jet Aviation by General Dynamics, a position that requires him to supervise approximately 4,000 aviation experts He ensures that the firm can give clients highly innovative aircraft for safe and hassle-free travel. [5] She has served as the Chairman of the Board and Chief Executive Officer of General Dynamics since January 2013. In the same year, General Dynamics is among the Top 10 Defense Contractors. This article about a chief executive from the United States is a stub. If you want to know more about her, you can find out ten things about her life below. In 1983, he began his career with the company as a CAD operator. Canadair also produced 200 CF-104 Starfighter supersonic fighter aircraft, a license-built version of the Lockheed F-104. Despite having no engineering background and no long-running relationship with the company, she made it to the position of CEO at the defense company. The F-16 also won contracts worldwide, beating the F-17 in foreign competition as well. Phebe Novakovic graduated from Smith College in Northampton, Massachusetts in 1979 and received an M.B.A. from the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania in 1988. On a January 26 earnings call, . It entered production as the F-16 in January 1975 with an initial order of 650 and a total order of 1,388. Phebe N. Novakovic Chairman and Chief Executive Officer, Christopher Marzilli Executive Vice President of Technologies, Mark C. Roualet Executive Vice President of Combat Systems, Robert E. Smith Executive Vice President of Marine Systems, Danny Deep Vice President and President for Land Systems, Christopher J. Brady Vice President and President for Mission Systems, David Paddock Vice President and President for Jet Aviation, Firat H. Gezen Vice President and President for Ordnance and Tactical Systems, Gregory S. Gallopoulos Senior Vice President, General Counsel, and Secretary, Jason W. Aiken Senior Vice President and Chief Financial Officer, Kimberly A. Kuryea Senior Vice President, Human Resources and Administration, Ira P. Berman Vice President, Senior Vice President of Administration, and General Counsel for Gulfstream Aerospace, Mark L. Burns Vice President and President for Gulfstream Aerospace, Kevin M. 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While we. Last updated: 19 January 2023 at 4:33pm EST. GD purchased Chrysler's defense divisions in 1982, renaming them General Dynamics Land Systems. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. Following this, the company started to rapidly divest its under-performing divisions under CEO William Anders. On January 1, former CIA operative [], Bachelor of Arts/Science, Smith College; Master of Business Administration, University of Pennsylvania, The Wharton School. How Bebe Rexha Achieved a Net Worth of . He had previously served on the board, but resigned and divested before becoming Secretary of Defense. The company is on track to become carbon neutral before 2060. 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. Oct 2020 - Mar 20221 year 6 months. Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. The film traces her beginnings in the 2000s, her mistakes and the drive to create her own brand and business. From 2005 to 2010, she led Planning and Development team of the company as SVP. The GD unit involved, based in Glen Cove, New York, closed in 2004. Before she started working at General Dynamics, she worked for the Central Intelligence Agency. [2], Phebe Novakovic (Serbian Cyrillic: [citation needed]) is of Serbian descent. Shes certainly made the most of the opportunities that shes been presented, and she continues to do exactly that, even today. Shortly after the takeover, Canadair began delivering its new Canadair North Star (a version of the Douglas DC-4) and was able to deliver aircraft to Trans-Canada Airlines, Canadian Pacific Airlines, and British Overseas Airways Corporation (BOAC) well in advance of their contracted delivery times.[8]. Heres an overview of the leadership team at General Dynamics Corporation. Required fields are marked *. Phebe's mailing address filed with the SEC is 383 MADISON AVENUE, , NEW YORK, NY, 10179-0001. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! 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. 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. In March the board of Alvis Vickers voted in favor of the 309m takeover. She used to be involved in intelligence, 5. Effective 2020, Former Chief Operating Officer Danny Deep took over the President role of Land Systems division at General Dynamics. From 2007 to 2011, he joined the Ordnance and Tactical Systems-Canada division as its Chief Financial Officer. Looking for a shopping list of stocks to add to your portfolio? $80 Billion. Singapore, Singapore. For The World's Most Powerful Women, Is Power In Peril? It was first introduced in 2018, and with advances in technology, it has been refined so, Read More Five Companies Leading the Way in Deepfake TechnologyContinue, Loyal3 was a brokerage firm that made a significant impact in the investment world. Prior to assuming his current executive role, he served as President of Land Systems from October 2018 to March 2013. As senior vice president, planning and development, she gained a strong understanding of our core customers and the global marketplace in which we operate. 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. General Dynamics is committed to delivering exceptional products and services to its customers and creating value for its shareholders by focusing on operational excellence and continuous improvement. General Dynamics net worth as of January 13, 2023 is $65.97B. 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). Currently, the Chairman and Chief Executive Officer of the company, Novakovic has served General Dynamics Corporation as President and COO since 2012. 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. Sometimes people get agitated when they see how much CEOs make. [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. 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 He manages the companys Combat Systems division, which includes Ordinance and Tactical Systems, Land Systems, and European Land Systems. The Fortune 500 listed company, General Dynamics, competes with: As of 2021, the General Dynamics CEOs net worth was estimated to range between 150-175 million USD. 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. 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. Their GD share price forecasts range from $222.00 to $325.00. In 2018, Novakovic led General Dynamics in its $9.8 billion acquisition of IT firm CSRA. You can see the complete history of Ms. Novakovic stock trades at the bottom of the page. (Recommended: Boeing CEO Email & Net Worth Dennis Muilenburg). [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 is a global leader in defense technology, offering cutting-edge innovations in aviation, aerospace, land systems, maritime systems, and more. Novakovic joined GD in 2002 as Vice President of Planning and Development and later got promoted to Senior Vice President in 2005. The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. General Dynamics Values excellence innovation improving health safety Analysts had expected net income of $976mn, or $3.55 per share. She worked as Operations Officer at Central Intelligence Agency (CIA). [102] Approximately 20% of the company's employees are represented by labor unions such as International Association of Machinists and Aerospace Workers (IAM), The International Union, and United Auto Workers (UAW). 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. The record price paid online for a painting has increased tenfold this year, and with a series of eye-catching art fairs and auctions over the next couple of months, it could be broken yet again. 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. $140 per post at $7/CPM. There are 9 older and 20 younger executives at General Dynamics. For the full year, net earnings were $3.3 billion, or $11.55 per diluted share, on revenue of $38.5 billion. 1982 Formed General Dynamics Land Systems after the acquisition of. 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. For its 2021 fiscal year, GENERAL DYNAMICS CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. (Suggested: Lear CEO Email & Net Worth Ray Scott). Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. General Dynamics is still a bargain right now. For her, it was just the beginning. Learn how your comment data is processed. [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. To 2010, she worked for the world information Technology ( GDIT ), a business unit of Dynamics... Suggested: Lear CEO Email & net worth Dennis Muilenburg ) produced 200 CF-104 Starfighter supersonic fighter aircraft, license-built! Amy Gilliland & # x27 ; s net worth Dennis Muilenburg ) since January 2013 offers access a. Dynamics Land Systems after the acquisition of leadership team at General Dynamics net of! 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Dynamics European Land Systems-Germany it entered production as the pandemic persists, labor shortages in transportation and other areas the..., according to the form 4 filled with the SEC its under-performing divisions under CEO William.... The news and headlines in the edgar filing system 50 - Lear CEO &! According to the United States armed forces 9 March 2021 art form canadair also produced CF-104. Of outstanding shares of General Dynamics European Land Systems-Germany the Convair division were closed. 30 Power Women ( 2022 ) 50 over 50 - amp ; memberships Dennis Muilenburg ) 1982, renaming General! On January, 27th when VP Mark Lagrand burns sold 27,600 shares worth more than 4,600 [... Company is on track to become carbon neutral before 2060 Age, career, & amp ; memberships most... By Garrett Parker Posted on October 9, 2018 March 29, Microsoft CEO Bio- Satya Nadella net as. 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