Billion was born on March 4, 1939, and sadly passed away on February 25, 2023 at the age of 83 years old. General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military. Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. $140 per post at $7/CPM. Phebe Novakovic Read Edit View history Phebe Novakovic is an American businesswoman and former intelligence officer. Your email address will not be published. 45: Citigroup CEO Jane Fraser ($20.5 million) No. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic . At the end of 2021, ZAI was the 4th largest P&C . 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. Executive Mosaic General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. Meet GENERAL DYNAMICS' marquee product -- the M1A2 ABRAMS MAIN BATTLE TANK. 1982 Formed General Dynamics Land Systems after the acquisition of. Jay L Johnson, General Dynamics Corp: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology,. H3 Dynamics Holdings. 8 equities research analysts have issued twelve-month price objectives for General Dynamics' shares. Sales in General Dynamics' aerospace unit which makes Gulfstream jets rose to $2.56 billion from $2.44 billion a year earlier, while overall revenue fell to $10.29 billion from $10.48 billion.. (To get more details on her email address, age, and net worth, keep reading the wiki). Looking for a shopping list of stocks to add to your portfolio? "General Dynamics Board Declares Dividend", "General Dynamics Unit Gets $4B Army Contract to Produce Modern Battle Tanks", "General Dynamics Electric Boat - History", "BOARDS APPROVE CONVAIR MERGER; General Dynamics to Step Up as Vast Defense Complex if Stockholders Concur", "Liquid Carbonic Industries Corporation records", "$450 Million Dynamics Deal For Two Units", "General Dynamics Completes Acquisition of Saco Defense Corp", "Primex Technologies acquired by General Dynamics", "General Dynamics Agrees to Buy Galaxy Aerospace for $330 Million", "In Brief: General Dynamics completes IMCO buy", "General Dynamics finishes buy of Spectrum Astro", "General Dynamics acquires Tadpole Computer", "General Dynamics acquires Mediaware International", "HLTH Announces Agreement to Sell ViPS Unit to General Dynamics for $225 Million", "General Dynamics to Boost Gulfstream With Jet Aviation Purchase", "General Dynamics Completes Acquisition of AxleTech International", "General Dynamics to Acquire Arlington Contractor for Nearly $1 Billion", General Dynamics acquires NICTA start-up Open Kernel Labs, "General Dynamics Acquires Applied Physical Sciences Corp", "General Dynamics Mission Systems Acquires Bluefin Robotics", "General Dynamics buying CSRA for about $6.8 billion", "General Dynamics to buy government IT contractor CSRA for $6.8 billion", "General Dynamics Buying CSRA for $6.8 Billion", "ECC | Liquid Carbonic Industries Corporation records", General Dynamics Sells a Third San Diego Unit, "General Dynamics Sells Atlas Rocket Unit", "Convair Plant in San Diego to Close by 1996: Manufacturing: Move will end 1,900 jobs and the city's long tradition of building planes", "Material Service sold to Hanson; Lester Crown remains chair", Crown II Mine Closing; Freeman Coal Sold to New Company, Orbital buys General Dynamics' spacecraft business, "MDA completes strategic capability acquisition in the United States", General Dynamics Robotic Systems Autonomous Navigation System (ANS), General Dynamics Robotic Systems Mobile Detection Assessment and Response System (MDARS), General Dynamics Robotic Systems Unmanned Surface Vehicles (USV), General Dynamics Armament and Technical Products (GDATP), "General Dynamics Ordnance and Tactical Systems", "General Dynamics - Corporate Governance - Board of Directors", "General Dynamics Financial Statements 2005-2022 | GD", "General Dynamics - 2021 Corporate Sustainability Report", "General Dynamics - 2020 Corporate Sustainability Report", "US Department of Labor announces recipients of 2021 HIRE Vets Medallion Awards | U.S. Department of Labor", "General Dynamics Corporation - ResponsibilityReports.com", Patents owned by General Dynamics Corporation, General Dynamics European Land Systems (Gdels.com) site, https://en.wikipedia.org/w/index.php?title=General_Dynamics&oldid=1138821574, Director and Chair, Nominating and Corporate Governance Committee, Director and Chair, Sustainability Committee, Director and Chair, Finance and Benefit Plans Committee, Director and Chair, Compensation Committee. F-16 orders eventually totaled more than 4,600,[citation needed] making it the company's largest and most successful program. [38], Former U.S. Secretary of Defense General Jim Mattis re-joined the company's board of directors in August 2019. Marzili guided General Dynamics to substantial military contracts with the Navy and Marine Corps, including a $208 million five-year contract for amplifier and radio systems and a $104 million contract for the development of control and command systems, respectively. 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. 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. 2003 Acquired Datron's Intercontinental Manufacturing Company (IMCO) Unit. Both units were recombined into one entity in 1992. 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. 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. 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 General Dynamics Values excellence innovation improving health safety Thorough reviews have been conducted to assure this data accurately reflects disclosures. As you might have guessed, her bank account is a lot bigger than most individuals. 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. Overseeing the accounting, corporate financial systems, financial reporting, and government finance, he has held a significant position in the companys finance management. While she loves her professional life, shes also been married for a number of years and considers her husband be her rock. On average, General Dynamics executives and independent directors trade stock every 15 days with the average trade being worth of $8,225,648. The business of General Dynamics continues to expand through acquisitions and business sectors. GD CEO Phebes journey with the company began in 2001. Product of above two values = $68.25 Billion. [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. The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. The first submarine built in Groton to be delivered to the U.S. Navy was USS Cuttlefish in 1934. The newest members of Forbes annual Power Women List come to us from an increasing variety of sectors and a growing number of influential positions. [2] The company is a Fortune 100 company, and was ranked No. 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. Phebes husband David Morrison took retirement from his job of Chief Lobbyist at Boeing and went to study Divinity at Princeton Theological Seminary. [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). You can see the complete history of Ms. Novakovic stock trades at the bottom of the page. Phebe Novakovic has served as chairwoman and CEO of defense giant General Dynamics since 2013. Dividend Kings 2023. Dividend Aristocrats 2023. Dividend Growth Portfolio. Boeing CEO Email & Net Worth Dennis Muilenburg. 94 in 2022.[3]. TRD Staff. According to her, she wouldnt be able to do the things she does if it werent for him and the support that he provides. She worked as Operations Officer at Central Intelligence Agency (CIA). 24: General Dynamics CEO Phebe Novakovic ($23.6 million) No. [26] The sale has been criticized by political opponents because of the Saudi Arabian-led intervention in Yemen. [4][5], She joined General Dynamics in 2001. Their GD share price forecasts range from $222.00 to $325.00. Shes been in leadership positions at General Dynamics since 2001, 9. They sold a total of 112,096 shares worth more than $25,588,088.44. General Dynamics net worth as of January 13, 2023 is $65.97B. The remains of the Convair Division were simply closed in 1996. 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. [33], General Dynamics has been accused by groups such as Code Pink and Green America of "making money from human suffering by profiting off the migrant children held at U.S. detention camps"[34] due to its IT services contracts with the Department of Health and Human Services' Office of Refugee Resettlement, the government agency that operates shelters for unaccompanied children to include those separated from their families as part of the Trump administration family separation policy. Healthcare of Ontario Pension Plan Trust Fund's holdings in General Dynamics were worth $658,000 as of its most recent SEC filing. [6] In 1933 Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build submarines. In 1986 the Pomona division (which mainly produced the Standard Missile and the Phalanx CIWS for the navy) was split up, creating the Valley Systems Division. Dr. Robert Playter is CEO of Boston Dynamics. Thats saying quite a bit, but because of her driven personality, she doesnt really pay that much attention to these types of rankings. Hopkins hired Canadian-born mass-production specialist H. Oliver West to take over the president's role and return Canadair to profitability. General Dynamics Corporation is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. General Dynamics is a notable aerospace and defense company with headquarters in Reston, Virginia, United States. Oct 2020 - Mar 20221 year 6 months. 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. However, the company reported its highest number of Gulfstream . How Bebe Rexha Achieved a Net Worth of . For many years, it was her job to get intelligence about things that most everyday citizens are never even aware of. 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. As of 8 August 2022 she still owns at least 1,101,412 units of General Dynamics stock. For a decade, chief executives of the world's largest companies welcomed Fed-sanctioned debt on their balance sheets and made themselves and their shareholders rich. GD's YF-16 first flew in January 1974 and proved to have slightly better performance than the YF-17 in head-to-head testing. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #30 Power Women (2022) 50 Over 50 -. However, Canadair's production line and inventory systems were in disorder when Electric Boat purchased the company. General Dynamicss culture encourages innovation, agility, and diversity. He also served as CEO until September 2014. This was similar to the 9% in the third quarter, and was down from 9.9% in the . 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 . Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. She is an MBA from the Wharton School University of Pennsylvania. By Garrett Parker Posted on October 9, 2018 March 29, . [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. For information about the General Dynamics Board of Directors and our commitment to good corporate governance, visit our Investors hub. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. General Dynamics net income for the quarter ending December 31, 2022 was $0.992B, a 4.2% increase year-over-year. RESTON, Va. - General Dynamics (NYSE: GD) today reported quarterly net earnings of $952 million, or $3.39 diluted earnings per share (EPS), on $10.3 billion in revenue. General Dynamics focuses on creating shareholder value while delivering superior products and services to military, other government and commercial customers. Later, she moved to the aerospace and defense company and performed various senior roles before attaining the highest rank. Phebe N. Novakovic, director since 2012. Related by financial asset: Abbott Laboratories. He manages the companys Combat Systems division, which includes Ordinance and Tactical Systems, Land Systems, and European Land Systems. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. Amy Gilliland is president of General Dynamics Information Technology (GDIT), a business unit of General Dynamics Corporation. As a supervisor at Newport News Shipbuilding, he was responsible for the CVN-78 reactor plants fluid systems. CEO Buys after Price Drop > 20%. As the pandemic persists, labor shortages in transportation and other areas of the food industry could prove to be a problem. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. In 1972, GD bid on the USAF's Lightweight Fighter (LWF) project. As Vice President of Global Operations, Harsh is responsible for successful deployment and roadmap planning of the cutting edge automated Drone deployment solution "DBX". American businesswoman and former intelligence officer, Wharton School of the University of Pennsylvania, "The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office", "Phebe Novakovic provided plane take Saric Podgorica", "Outstanding Alumnae Named 2016 Smith Medalists", https://en.wikipedia.org/w/index.php?title=Phebe_Novakovic&oldid=1129486807, American chief executives of Fortune 500 companies, People of the Central Intelligence Agency, United States Department of Defense officials, Wharton School of the University of Pennsylvania alumni, Articles containing Serbian-language text, Articles with unsourced statements from July 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 25 December 2022, at 17:16. [7], As of 2021, General Dynamics consists of ten separate businesses organised as four operating segments:[citation needed], Information Systems and Technology represent 34% of the company's revenue as of 2014.[93]. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The oldest executive at General Dynamics Corp. is WilliamOsborn, 72, who is the Independent Director. Most recently she exercised 320,260 units of GD stock worth $43,507,321 on 8 August 2022. Phebe Novakovic officially assumed the position of Chairman and Chief Executive Officer of General Dynamics in the beginning of 2013. Upon graduation, she attended another college in Pennsylvania, 6. On January 1, former CIA operative [], Bachelor of Arts/Science, Smith College; Master of Business Administration, University of Pennsylvania, The Wharton School. [102] General Dynamics' community contributions in 2021 were 70% in Education & Social Services, 18% in Arts & Culture, and 12% in Service Member Support. Jason Aiken works as General Dynamics Senior Vice President and Chief Financial Officer (CFO). GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Heres an overview of the leadership team at General Dynamics Corporation. 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 part of this role, Brady monitors the business units financial and operational health. 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". On average, C trades about 1,268 units every 17 days since 2006. In 2002, she became VP of General Dynamics. [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. Before he joined the company in 2002, Jason W. Aiken was an audit manager at Arthur Andersen LLP in Washington, D.C. [32], In 2018, General Dynamics acquired information technology services giant CSRA for $9.7 billion, and merged it with GDIT. Graney began his shipbuilding career in 1995, specializing in the high-speed turbine generator set for the Virginia-class submarine. A General Dynamics Corp. shareholder meeting in May turned contentious when an antiwar activist confronted CEO Phebe Novakovic over the company's arms sales to Saudi Arabia and other repressive . Chairman and Chief Executive Officer Phebe N. Novakovic Last updated: 19 January 2023 at 4:33pm EST. 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. 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). 1972, GD bid on the USAF 's Lightweight Fighter ( LWF project. Bigger than most individuals role, Brady monitors the business of General Dynamics CEO Novakovic. During the fiscal YEAR of 112,096 shares worth more than 4,600, [ needed... Datron 's Intercontinental Manufacturing company ( IMCO ) Unit net worth by YEAR Forbes Lists 30!, agility, and was down from 9.9 % in the high-speed generator. Chief executive Officer of General Dynamics Corporation ( GD ) is phebe Novakovic of,... 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This role, Brady monitors the business units Financial and operational health first submarine built in Groton to be problem!