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General Dynamics is a global aerospace and defense company that provides a wide range of products and services across four main operating segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The company is involved in business aviation, ship construction and repair, land combat vehicles, and technology services, catering primarily to defense markets. Notable achievements include significant revenue growth in their Gulfstream aircraft and Columbia-class submarine programs, as well as substantial new awards in IT services .
- Combat Systems - Provides land combat vehicles, weapons systems, and munitions, playing a crucial role in the company's strong performance in defense markets.
- Marine Systems - Engages in ship construction and repair, primarily for the U.S. Navy, with significant contributions from the Columbia-class submarine program.
- Technologies - Offers technology products and services, including IT services and mission systems, with notable achievements such as substantial new awards at GDIT.
- Aerospace - Focuses on business aviation, including the manufacturing and servicing of Gulfstream aircraft, which has seen significant growth.
| Name | Position | External Roles | Short Bio | Start Date | |
|---|---|---|---|---|---|
Phebe N. Novakovic ExecutiveBoard | Chairman and CEO | N/A | Phebe N. Novakovic has been the Chairman and CEO of GD since January 2013, leading strategic initiatives and operational expansions. | Jan 2013 | View Report > |
Danny Deep Executive | Executive Vice President, Combat Systems | N/A | Danny Deep has been EVP, Combat Systems since April 2024, with a strong background in operations and land forces programs. | Apr 2024 | |
Gregory S. Gallopoulos Executive | Senior Vice President, General Counsel, and Secretary | N/A | Gregory S. Gallopoulos has been SVP, General Counsel, and Secretary since January 2010, with prior experience as Managing Partner at Jenner & Block LLP. | Jan 2010 | |
Jason W. Aiken Executive | Executive Vice President, Technologies | N/A | Jason W. Aiken transitioned to EVP, Technologies in February 2024, after serving as EVP, Technologies and CFO. | Feb 2024 | |
Kimberly A. Kuryea Executive | Senior Vice President and CFO | N/A | Kimberly A. Kuryea became the CFO in February 2024, previously serving as Senior Vice President, Human Resources and Administration. | Feb 2024 | |
M. Amy Gilliland Executive | Senior Vice President of GD and President of GDIT | N/A | M. Amy Gilliland has led GDIT since September 2017, with previous roles in strategic planning and human resources. | Sep 2017 | |
Mark L. Burns Executive | Vice President of GD and President of Gulfstream | N/A | Mark L. Burns has been President of Gulfstream Aerospace since July 2015, focusing on product support and development. | July 2015 | |
C. Howard Nye Board | Director | Chairman of the Board of Directors at Martin Marietta Materials, Inc. | C. Howard Nye has been a director since May 2018, with expertise in engineering, manufacturing, and corporate governance. | May 2018 | |
Catherine B. Reynolds Board | Director | CEO of VitaKey Inc.; Chairman of The Catherine B. Reynolds Foundation; Director at Lindblad Expeditions Holdings, Inc. | Catherine B. Reynolds has been a director since May 2017, known for her financial and business expertise. | May 2017 | |
Cecil D. Haney Board | Director | Director of Tenet Healthcare Corporation | Cecil D. Haney has been a director since March 2019, with insights into defense industry and national security priorities. | Mar 2019 | |
Charles W. Hooper Board | Director | Senior Counselor at The Cohen Group; Senior Fellow at the Belfer Center; Board of Directors for UL Solutions | Charles W. Hooper has been a director since June 2023, with extensive military and foreign relations experience. | Jun 2023 | |
James N. Mattis Board | Director | Senior Counselor at The Cohen Group | James N. Mattis has been a director since August 2019, with a background as U.S. Secretary of Defense and a retired U.S. Marine Corps General. | Aug 2019 | |
John G. Stratton Board | Director | Executive Chairman of the Board, Frontier Communications Parent, Inc.; Director, Abbott Laboratories | John G. Stratton has been a director since February 2020, with leadership experience in telecommunications. | Feb 2020 | |
Laura J. Schumacher Board | Director | Director at CrowdStrike Holdings, Inc. | Laura J. Schumacher has been a director since February 2014, with extensive legal and corporate governance expertise. | Feb 2014 | |
Mark M. Malcolm Board | Director | N/A | Mark M. Malcolm has been a director since August 2015, with experience in management, financial, and operational requirements of large companies. | Aug 2015 | |
Peter A. Wall Board | Director | CEO of Amicus Limited | Peter A. Wall has been a director since August 2016, with a background in global security and defense. | Aug 2016 | |
Robert K. Steel Board | Director | Vice Chairman and Partner, Perella Weinberg Partners LP; Director, USHG Acquisition Corp. | Robert K. Steel has been a director since February 2021, with experience in financial markets and regulatory structures. | Feb 2021 | |
Rudy F. deLeon Board | Director | Senior Fellow at the Center for American Progress | Rudy F. deLeon has been a director since September 2014, with experience in aerospace and defense from his roles in the public and private sectors. | Sep 2014 |
- Given the ongoing supply chain challenges impacting submarine schedules, what specific steps are you taking to mitigate these issues, and how do you plan to manage the potential delays in the Virginia class submarine program?
- With the elevated costs associated with the G700, including paint interiors and component replacements, how confident are you in achieving the anticipated 600 to 700 basis point margin improvement, and what is the revised timeline for this margin expansion?
- Considering the higher labor inflation and increased costs on boats already in production, what is the status of your negotiations with the Navy regarding contract adjustments or remedies, and how might this affect your profitability in the Marine segment?
- As the G800 enters production, how do you anticipate it will impact your margins in the Aerospace segment, especially in light of the ongoing supply chain issues and the delayed margin improvements from the G700?
- Given the strong demand for your Combat Systems products in Europe and the reliance on direct commercial sales from your European businesses, how are you addressing potential geopolitical risks and ensuring sustained growth in that region?
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Department of Defense (DoD) | Primary U.S. federal agency procuring defense products and services, largest focus | All | $27,191 million revenue in 2024 (calculation: 27,191 / 47,716 ≈ 57% of $47,716 million total). |
Recent developments and announcements about GD.
Earnings
New Earnings (Q4 2024)
·Jan 29, 2025, 5:45 PMView full earnings summary →General Dynamics sees strong Combat Systems demand and projects a 600-bp margin jump in Aerospace (Lots 3 & 4). Despite underfunded Stryker in ’25 and Marine Systems cost pressures, GD expects supply-chain relief and continued defense-tailwinds to drive long-term growth.
Press Releases
Press Release
·7 days agoView full press release →General Dynamics board increased its quarterly dividend to $1.50 per share (a 5.6% jump) payable May 9, 2025, to shareholders of record on April 11, 2025—marking the 28th consecutive annual increase.