Profile: General Dynamics Corp (GD.N)

GD.N on New York Stock Exchange

22 Oct 2014
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General Dynamics Corporation, incorporated on February 21, 1952, is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding, and communications and information technology. The Company operates through four business groups: Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. In July 2011, the Company acquired Network Connectivity Solutions, Corp. On July 22, 2011, the Company acquired Fortress Technologies, Inc. In September 2011, the Company acquired Vangent Holding Corp. In November 2011, the Company acquired Metro Machine Corp., a surface-ship repair operation located in Norfolk, Virginia. In December 2011, the Company completed the acquisition of Force Protection, Inc., a provider of blast- and ballistic-protected platforms. During the year ended December 31, 2011, it acquired Vangent, Inc. In February 2012, the Company acquired the Enterprise Jet Center FBO at Hobby Airport in Houston, Texas. In June 8, 2012, the Company acquired IPW Holdings, Inc. In August 2012, it acquired Ship Repair and Coatings Division of Earl Industries. In August 2012, the Company acquired the defense operations of Gayston Corporation. In August 2012, the Company acquired Fidelis Security Systems, Inc. In September 2012, it acquired Open Kernel Labs, Inc. In December 2012, the Company acquired Applied Physical Sciences Corp.


The Company’s Aerospace group designs, manufactures and outfits a family of large- and mid-cabin Gulfstream business-jet aircraft, provides aircraft services (including maintenance and repair work, fixed-based operations (FBO) and aircraft management services) and performs aircraft completions for aircraft produced by other original equipment manufacturers (OEMs). The Aerospace group’s Gulfstream products include eight aircraft: G150, G280, G450, G550, and G650. It is a provider of aircraft for government and military service worldwide, with aircraft operated by nearly 40 nations. These government aircraft are used for head-of-state/executive transportation and a range of special-mission applications, including aerial reconnaissance, maritime surveillance, weather research and astronaut training. As of December 31, 2011, the Company launched a PlaneBook application, an electronic document management system that provides pilots easy and immediate access to critical flight information and aircraft-specific documents. It has service facilities in Westfield, Massachusetts; Dallas, Texas; Luton, England, and Madrid, Spain. Jet Aviation performs aircraft completions for business jets and narrow- and wide-body commercial aircraft produced by other OEMs at locations in Europe and the United States.

Combat Systems

The Company’s Combat Systems group is engaged in the design, development, production, support and enhancement of tracked and wheeled military vehicles, weapons systems and munitions for the United States and its allies. Its product lines include wheeled combat and tactical vehicles, main battle tanks and tracked infantry vehicles, munitions and propellant, rockets and gun systems, axle and drivetrain components and aftermarket parts, and support and sustainment services. Its portfolio of vehicle platforms consists of wheeled tactical and combat vehicles and main battle tanks, including the Stryker wheeled combat vehicle, the Abrams main battle tank and the Mine-Resistant, Ambush-Protected (MRAP) class of tactical vehicles. The Stryker is a combat vehicle, supporting numerous missions with 10 variants. As of December 31, 2011, it developed a double-V-hulled Stryker vehicle designed to further enhance protection of the crew from improvised explosive devices (IEDs). The SEP-configured tank is a digital platform with an enhanced command-and-control system, second-generation thermal sights and improved armor.

In addition to the more than 4,500 RG-31 and Cougar vehicles delivered to the United States military under the MRAP program, the Company provides Cougar, Buffalo and Ocelot vehicles to foreign customers, including the United Kingdom Ministry of Defense. It offers Combat Systems’ weapons-systems and munitions programs. For ground forces, the Company manufactures vehicle armor, M2 heavy machine guns and MK19 and MK47 grenade launchers. For airborne platforms, Combat Systems produces weapons for many foreign customers and for all United States fighter aircraft, including high-speed Gatling guns for fixed-wing aircraft and the Hydra-70 family of rockets. It is also a global manufacturer and supplier of composite aircraft and ground equipment components and engineered axles, suspensions, brakes and aftermarket parts for heavy-payload vehicles for a variety of military and commercial customers. As the provider of Abrams tanks and Stryker vehicles, Combat Systems is the primary contractor for the maintenance, repair and reset of these vehicles.

The Company holds munitions supply positions for products, such as the 120 millimeter mortar and the 155 millimeter and 105 millimeter artillery projectile for the United States government; conventional bomb structures for the United States government; mortar systems and large-caliber ammunition for the Canadian Department of National Defense, and military propellant for the North American market. It has manufacturing facilities in Australia, Austria, Brazil, Canada, France, Germany, Spain and Switzerland. Its European operations offers a range of products, including light- and medium-weight tracked and wheeled tactical vehicles, amphibious bridge systems, artillery systems, light weapons, ammunition and propellants. Key platforms include the Leopard tank and the Pizarro tracked infantry vehicle; the EAGLE wheeled vehicle, and the Piranha and Pandur wheeled armored vehicles, which the group produces for several European, Middle Eastern and other international customers. Its United States export activities include Abrams tanks and Light Armored Vehicles (LAVs) for United States allies in the Middle East. It also is manufacturing tracked combat vehicle hulls for the Israeli Ministry of Defense.

Marine Systems

The Company’s Marine Systems group designs, builds and supports submarines and surface ships. It is primary shipbuilders for the United States Navy. Its diverse portfolio of platforms and capabilities includes nuclear-powered submarines (Virginia Class), surface combatants (DDG-51 and DDG-1000), auxiliary and combat-logistics ships (T-AKE and MLP), commercial ships (Jones Act ships), design and engineering support (SSBN(X)), and overhaul, repair and lifecycle support services. The majority of Marine Systems’ workload supports the United States Navy, such as the construction of new ships, and the design and development of next-generation platforms. It also provides maintenance, repair and modernization services. The Company’s Navy construction programs are the fast-attack Virginia-class nuclear-powered submarine, the Arleigh Burke-class (DDG-51) and Zumwalt-class (DDG-1000) guided-missile destroyers, and the Lewis and Clark-class (T-AKE) combat-logistics and Mobile Landing Platform (MLP) auxiliary support ships.

The Virginia-class submarine is a United States submarine designed to address post-cold war threats, including capabilities tailored for open-ocean and littoral missions. These stealthy boats are well-suited for a range of assignments, including intelligence gathering, special-operations missions and sea-based missile launch. The Virginia-class program includes 30 submarines. During 2011, it had delivered eight of 18 boats. It is a designer and producer of DDG-51s, the active destroyer in the Navy’s global surface fleet. DDG-51s are multi-mission combatants that offers defense against a range of threats, including ballistic missiles. During 2011, it delivered the 33rd of 34 DDG-51 ships under the Navy’s legacy multi-ship contract. It is also the DDG-51 design and planning shipyard, managing the design, modernization and lifecycle support of these ships.

During 2011, the Company completed the design of the guided-missile destroyer, the DDG-1000. The Marine Systems’ T-AKE combat-logistics ship supports multiple missions for the navy, including replenishment at sea for United States and North Atlantic Treaty Organization (NATO) operating forces worldwide. It had delivered 12 ships under the 14-ship program, including two during 2011. In addition to the design and construction programs, Marine Systems provides ship and submarine overhaul, repair and lifecycle support services to extend the service life of these vessels. It also provides allied navies with program management, planning, engineering and design support for submarine and surface-ship construction programs. It also designs and produces ships for commercial customers to meet the Jones Act requirement that ships carrying cargo between United States ports be built in United States shipyards.

Information Systems and Technology

The Company’s Information Systems and Technology group provides critical technologies, products and services that support a range of Government and commercial communication and information-sharing needs. It consists of a three-part portfolio that includes tactical communication systems, information technology and related services and intelligence, surveillance and reconnaissance systems. The tactical communication systems designs, manufactures and delivers secure communications systems, command-and-control systems and operational hardware to customers within the United States Department of Defense (DoD), the intelligence community and federal civilian agencies, and to international customers.

The Company’s solutions include ruggedized mobile computing solutions with embedded wireless capability; information assurance and encryption technologies, products, systems and services that ensure the security and integrity of digital communications worldwide; battlespace command-and-control systems; digital switching, broadband networking and automated network management, and fixed and mobile radio and satellite communications systems and antenna technologies. Its programs include the United States Army’s Warfighter Information Network-Tactical (WIN-T) and the Joint Tactical Radio System (JTRS). WIN-T is the Army’s primary battlefield communications network, and as the prime contractor for this program, the Company is responsible for the design, engineering, integration, production, program management and support of the network. It is also developing the JTRS Handheld, Manpack, Small Form Fit (HMS) network radios to connect individual soldiers, sensors and robotic platforms.

Information Systems and Technology delivers modern communications and information-sharing benefits to many federal civilian customers, including the United States Department of Homeland Security. The Company provides many of these capabilities to non-United States customers, including the United Kingdom Ministry of Defense, the Canadian Department of National Defense and public agencies and private companies in Europe and the Middle East. It provides mission-critical information technology (IT) and mission-support services to the United States defense and intelligence communities, the Departments of Homeland Security, Health and Human Services and other federal civilian agencies, and commercial and international customers. It specialize in mission-operations simulation and training systems and services, large-scale data center consolidation and modernization, health information technology solutions and services, and secure wireless and wire-line networks and enterprise infrastructure.

The Company’s operates approximately 20 security operations centers and 15 critical incident response teams. Its combined offerings include data management, analytics, fraud prevention and detection software, decision support and process automation solutions. Programs include support for the Army’s military health IT mission by providing accurate and timely information to medical staff in the field and at treatment facilities. It also provides critical citizen services, including administration of the 1-800-MEDICARE contact line and several services that support United States student loan processing and administration. It provides mission-related systems development, integration and operations support to customers in the United States defense, intelligence and homeland security communities, and to United States allies. These offerings include cyber security services and products; open-architecture mission systems; signals and information collection, processing and distribution systems; imagery solutions, sensors and cameras, and special-purpose computing. Information Systems and Technology is a support contractor for the Department of Homeland Security’s United States Computer Emergency Readiness Team (US-CERT), which provides defense against and response support to cyber attacks for United States executive branch agencies, and information sharing and collaboration with state and local government, industry and international partners.

The Company competes with Huntington Ingalls Industries.

Company Address

General Dynamics Corp

FALLS CHURCH   VA   22042-4513
P: +1703.8763000
F: +1703.8763125

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