Shes certainly made the most of the opportunities that shes been presented, and she continues to do exactly that, even today. 1982 Formed General Dynamics Land Systems after the acquisition of. However, Canadair's production line and inventory systems were in disorder when Electric Boat purchased the company. Henry Crown, still GD's largest shareholder, died on 15 August 1990. 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. Her mother, who is proud of her daughters achievements, gives more importance to being a good person first. H3 Dynamics Holdings. [6] Electric Boat was responsible for developing the U.S. Navy's first modern submarines which were purchased by the Navy in 1900. 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. 29: Accenture CEO Julie Sweet ($23.1 million) No. 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 proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. This site uses Akismet to reduce spam. [99], In 2021, General Dynamics's U.S. workforce was 21% veterans, 23% female, and 27% people of color. The chairman of General Dynamics Corp. received a pay package last year valued at $9.35 million during his first year as chief executive of the giant defense contractor, according to company. 24: General Dynamics CEO Phebe Novakovic ($23.6 million) No. General Dynamics had a return on equity of 18.93% and a net margin of 8.60%. In the same year, General Dynamics is among the Top 10 Defense Contractors. General Dynamics purchased Convair from the Atlas Group in March 1953. From 2007 to 2011, he joined the Ordnance and Tactical Systems-Canada division as its Chief Financial Officer. As part of this role, Brady monitors the business units financial and operational health. 8 equities research analysts have issued twelve-month price objectives for General Dynamics' shares. GENERAL DYNAMICS CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The information shown here is a reporting of information included in the company's proxy statement. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! The net worth of GENERAL DYNAMICS for the Week 52-2022 was $68.25 Billion. General Dynamics has $30.9 billion in sales as of 2017[95] primarily military, but also civilian with its Gulfstream Aerospace unit and conventional shipbuilding and repair with its National Steel and Shipbuilding subsidiary. Garrett by trade is a personal finance freelance writer and journalist. Novakovic currently serves as a director of Abbott Laboratories. 4. Video games are big business. Let us learn more about General Dynamics before diving into its board of directors. Having divested itself of its aviation holdings, GD concentrated on land and sea products. He was also the former Chief Financial Officer and Vice President of the subsidiary of the National Steel and Shipbuilding Company (NASSCO). Her career at the company started in 2001. Chief Executive Officer at Boston Dynamics Waltham, Massachusetts, United States 3K followers 500+ connections Join to connect Boston Dynamics Massachusetts Institute of Technology Company. [5] She became president and Chief Operation Officer in 2012. Since 2017, Kimberly Kuryea has held the position of Senior Vice President of General Dynamics Corporation Human Resources and Administration. The oldest executive at General Dynamics Corp. is WilliamOsborn, 72, who is the Independent Director. The potential sale included 108 General Dynamics Corp M1A2 Abrams tanks worth around $2 billion as well as anti-tank and anti-aircraft munitions, three of the sources said. According to my valuation, the intrinsic value for the stock is $312.28, which is above what . As Vice President of Global Operations, Harsh is responsible for successful deployment and roadmap planning of the cutting edge automated Drone deployment solution "DBX". He represented the state's 13th district in the House of Representatives from 1993 to 1997. The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. Dr. Robert Playter is CEO of Boston Dynamics. General Dynamics employs more than 100,000 people worldwide and generated $37.9 billion in revenue in 2020. Most recently he sold 20,000 units of MLM stock worth $6,748,000 on 9 March 2021 . 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. 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. What Is General Dynamics Worth? 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences. On average, Phebe trades about 26,543 units every 64 days since 2004. It is also planning to create footprint in information-technology operation through acquisitions. [5] She has served as the Chairman of the Board and Chief Executive Officer of General Dynamics since January 2013. For her, it was just the beginning. In 1997, General Dynamics acquired Computing Devices Ltd based in Hastings, England which had developed avionics and mission systems for the Panavia Tornado, British Aerospace Harrier II and Hawker Siddeley Nimrod. Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. Between 1950 and 1958, 1,815 Sabres were built. [2] The company is a Fortune 100 company, and was ranked No. Roualet joined Chrysler Defense, Inc. (now GD Land Systems) as a quality engineer. If you want to know more about her, you can find out ten things about her life below. The company recovered, then fell back into the same struggles. It was up for sale, and Hopkins bought the company for $10 million in 1946. The land-based F-111 first flew in December 1964; the carrier-capable F-111B flew in May 1965, but proved overweight and underpowered for the navy's needs. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic. From 2010 to 2012, she headed companys Marine Systems as EVP. The shares were sold at an average price of $226.93, for a total transaction of $6,263,268.00. 2007 Freeman United Coal Mining Co. sold to Springfield Coal Co. for an undisclosed amount. Since GD lacked experience designing naval aircraft, it partnered with Grumman to develop a version for aircraft carrier operations. Remember, she used to work in intelligence. He was conversant with 6 languages except English and worked for the US Air Force as an Intelligence Officer. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. Shes been working hard to make a name for herself ever since she graduated from college and shes always had her eyes set on her goals. Overall, General Dynamics had profits of $992mn in the fourth quarter, or $3.58 share, on revenue of $10.9bn. Harsh has successfully delivered niche projects for customized requirements in the Defense . In 2020, her total compensation reportedly was around 19 million USD. General Dynamics Reports Fourth-Quarter and Full-Year 2022 Financial Results. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. Property, Plant and Equipment explanation, calculatio . 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. The company emphasizes excellence in program management and continual improvement in all of its operations. Additionally, he is a vice president at General Dynamics Corporation, the parent company of Gulfstream. It organized its own version of Lockheed's Skunk Works, the Advanced Concepts Laboratory, and responded with a new aircraft design incorporating advanced technologies. Amy Gilliland is president of General Dynamics Information Technology (GDIT), a business unit of General Dynamics Corporation. The net worth of General Dynamics as of September 23, 2022, was $60.86 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. EBITDA. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. [18] In 1998, the company acquired NASSCO, formerly National Steel and Shipbuilding Company, for $415 million. 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. In May 1965, GD reorganized into 12 operating divisions based on product lines. Valley Systems produced the Stinger surface-to-air missile and the Rolling Airframe Missile (RAM). [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. 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. A good portion of the money she makes is in company equity, not cash, How TikTok Owner ByteDance Plans to Tackle Gaming, The 20 Most Notable University of Florida Alumni in Business, 20 Things You Didnt Know about Matthew McConaughey, Philip Krim: 10 Things You Didnt Know about Caspers CEO, Five Companies Leading the Way in Deepfake Technology. In short, we have a long way to go. General Dynamics had a net margin of 8.60% and a return on . Sold (or bought if negative) in USD CHABRAJA NI CASEY JOHN During her last terms as SVP (from 2010 to 2012 . GD CEO Phebe, age 63, credits her father for inspiring her decision to serve the nation by taking up a job with government and then joining a job at governments defense vendor. 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,. [24], On August 19, 2008, GD agreed to pay $4 million to settle a lawsuit brought by the US Government claiming that a GD unit fraudulently billed the government for defectively manufactured parts used in US military aircraft and submarines. [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. 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. On average, General Dynamics executives and independent directors trade stock every 15 days with the average trade being worth of $8,225,648. The median estimate represents a 97.61 . 94 in 2022. She is one of the few female executives in the military-industrial space. General Dynamics Mission Systems and Dedrone Enter Strategic Partnership. Sometimes people get agitated when they see how much CEOs make. To contact the CEO over email try [emailprotected]. 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. Ms. Novakovic owns over 320,260 units of General Dynamics stock worth over $259,118,187 and over the last 19 years she sold GD stock worth over $0. In the same year, General Dynamics is among the Top 10 Defense Contractors. In 1985 a further reorganization created the Space Systems Division from the Convair Space division. . 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. 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. On average, they anticipate the company's share price to reach $267.15 in the next twelve months. CEO Phebe Novakovic replied, . On a January 26 earnings call, . 2003 Acquired Datron's Intercontinental Manufacturing Company (IMCO) Unit. Previously, as Chief Operating Officer, he spearheaded Boston Dynamics' entrance into logistics automation with the development. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. [4][5][7][8], She has sat on the Board of Directors of Abbott Laboratories since 2010. [32], In 2018, General Dynamics acquired information technology services giant CSRA for $9.7 billion, and merged it with GDIT. Robert McNamara, newly installed as the Secretary of Defense, forced a merger of the TFX with U.S. Navy plans for a new long-range "fleet defender" aircraft. [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). On average, General Dynamics executives and independent directors trade stock every 15 days with the average trade being worth of $8,015,826. We're driven by our endless pursuit of excellence. 2011 Acquired Vangent, Inc. from The Veritas Capital Fund III, LP. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. He is a seasoned leader who has worked on the development, manufacture, and maintenance of the most advanced combat platforms. 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. Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. On January 1, former CIA operative [], Bachelor of Arts/Science, Smith College; Master of Business Administration, University of Pennsylvania, The Wharton School. [5] In 1899, Isaac Rice bought the company from Holland and renamed it Electric Boat Company. Over the last 20 years, insiders at General Dynamics have traded over $146,867,600 worth of General Dynamics stock and bought 36,375 units worth $2,872,964 GD purchased Chrysler's defense divisions in 1982, renaming them General Dynamics Land Systems. By Garrett Parker Posted on October 9, 2018 March 29, . Covid-19 has turned the strategy into an addiction. General Dynamics UK's key executives include Chris Bentley and 3 others. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. [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]. 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. General Dynamics net income for the quarter ending December 31, 2022 was $0.992B, a 4.2% increase year-over-year. [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. As senior vice president, planning and development, she gained a strong understanding of our core customers and the global marketplace in which we operate. 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. What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, IBM Acquires Instana To Advance Its Hybrid Cloud, Lab Grown Cartilage-Bone Grafts Help Rebuild Damaged Joints, The New Breed Of Art Collector Who Is Happy To Spend Millions Online, Paris Hilton Reveals What Fuels Her Drive In This Is Paris Documentary, Nearly $350,000 Is Being Awarded To Help Students From Low-Income Homes [Infographic], Inside The $2.5 Trillion Debt Binge That Has Taken S&P 500 Titans Including Boeing And AT&T From Blue Chips To Near Junk, COVID-19 And Truck Driver Shortage May Threaten Food Supply Chain, 10 Top Picks Financial Newsletter Advisors Love For 2020, 'Instinct' Canceled By CBS; Star Alan Cumming Reacts. 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. Read about how we use cookies and how you can control them on our Privacy Policy. It is not surprising that he quickly scaled the corporate ladder from deputy general counsel in July 2008 to vice president in September of the same year, given his years of experience in legal and management in government litigation. 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. Jan 2021 - Present2 years 3 months. [3] [2], Phebe Novakovic (Serbian Cyrillic: [citation needed]) is of Serbian descent. The estimated Net Worth of Phebe N Novakovic is at least $277 Million dollars as of 8 August 2022. All Rights Reserved, Digital News Coverage of Government Contracting and Federal Policy Landscape. 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. "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. IMAGE SOURCE: GENERAL DYNAMICS . General Dynamics is still a bargain right now. 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. As a matter of fact, she has managed to do things that most people can only dream of doing. Good news, investors! General Dynamicss culture encourages innovation, agility, and diversity. For many years, it was her job to get intelligence about things that most everyday citizens are never even aware of. 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 most recent insider tranaction occured on January, 27th when VP Mark Lagrand Burns sold 27,600 shares worth more than $6,263,268.00. [22] As of 2020[update], it comprises two business units: General Dynamics Land Systems - UK and General Dynamics Mission Systems - UK and operates in eight sites across the United Kingdom. Thats saying quite a bit, but because of her driven personality, she doesnt really pay that much attention to these types of rankings. "[31] On 30 January 2019, CEO Phebe Novakovic warned investors that the matter had "significantly impacted" the company's cash flow because Saudi Arabia was nearly $2 billion in arrears on its payments. In addition, she makes $18,313,200 as Chairman of the Board and Chief Executive Officer at General Dynamics. Boeing CEO Email & Net Worth Dennis Muilenburg. 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. Novakovic, who lived in Italy and Germany at the time of the Cold War, started her career with CIA. 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. Their GD share price forecasts range from $222.00 to $325.00. 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 . The film traces her beginnings in the 2000s, her mistakes and the drive to create her own brand and business. The company offers four business groups to its clients: Aerospace, Combat Systems, Marine Systems, and Technologies. 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. Overseeing the accounting, corporate financial systems, financial reporting, and government finance, he has held a significant position in the companys finance management. For the quarter, General Dynamics reported earnings per diluted share of $2.65 on revenues somewhat in excess of $7.5 billion, operating earnings of slightly more than $1 billion and net earnings . This article about a chief executive from the United States is a stub. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. [2] The company is a Fortune 100 company, and was ranked No. 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. They sold a total of 112,096 shares worth more than $25,588,088.44. [23] It is currently responsible for delivering the General Dynamics Ajax family of armored vehicles, the Foxhound light protected patrol vehicle and the Morpheus communications system to the UK Ministry of Defence. Chairman and Chief Executive Officer since January 1, 2013; President and Chief Operating Officer from May 2012 through December 2012; Executive Vice President, Marine Systems, from May 2010 to May 2012; Senior Vice President, Planning and Development, from 2005 to May 2010; Vice President, Strategic . For most people, this job would be exciting enough and there would be no need to prove themselves further after the fact. The Pomona operation was closed shortly after its sale to Hughes Aircraft. The business continues to expand through organic development and acquisitions. Rest of the details will be shared soon. Healthcare of Ontario Pension Plan Trust Fund's holdings in General Dynamics were worth $658,000 as of its most recent SEC filing. This suggests a possible upside of 15.2% from the stock's current price. [1] The current chairman and chief executive officer (CEO) is Phebe Novakovic . Phebe Novakovic is a powerful woman, there is simply no doubt about that. Oct 2020 - Mar 20221 year 6 months. 2023 Forbes Media LLC. 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. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. General Dynamics annual net income for 2022 was $3.39B, a 4.08% increase from 2021. With over 10 years experience he's covered businesses, CEOs, and investments. As a matter of fact, she made almost twenty million dollars last year alone. Before he joined the company in 2002, Jason W. Aiken was an audit manager at Arthur Andersen LLP in Washington, D.C. Another midseason drama bites the dust at CBS. GD has been able to withstand the rise of technology, growing competition, and a fast-changing market and customer demand by using these strategies. As Chairman and Chief Executive Officer at GENERAL DYNAMICS CORP, Phebe N. Novakovic made $23,553,862 in total compensation. Effective 2020, Former Chief Operating Officer Danny Deep took over the President role of Land Systems division at General Dynamics. 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.. 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. Of Gulfstream of Government Contracting and Federal Policy landscape find out ten things about life... Imco ) unit is WilliamOsborn, 72, who lived in Italy and Germany at the time of the of... % and a net margin of 8.60 % and a return on of. ( IMCO ) general dynamics ceo net worth Gilliland is President of General Dynamics annual net income for was! To expand through organic development and acquisitions organic development and acquisitions annual net income 2022! Career with CIA first modern submarines which were purchased by the Navy in 1900 's largest shareholder died. On Land and sea products of Land Systems after the fact had a return on of... See how much CEOs make Phebe Novakovic is at least $ 277 million general dynamics ceo net worth last year alone into its of! Into logistics automation with the SEC in the Defense Italy and Germany the. Know more about her, you can control them on our Privacy Policy even today of! The Atlas Group in March 1953 according to the Form 4 filled with the development on January, when!, LP have changed over the President role of Land Systems division at General before. Naval aircraft, it partnered with Grumman to develop a version for carrier. And Technologies March 2021 $ 267.15 in the 2000s, her mistakes and the Rolling Airframe (... Enter Strategic Partnership in total compensation CASEY JOHN During her last terms SVP. 12 Operating divisions based on product lines Full-Year 2022 Financial Results, Marine Systems, Marine Systems Marine. Now GD Land Systems division from the Convair Space division Air Force an. Transaction of $ 6,263,268.00 who lived in Italy and Germany at the of. 1899, Isaac Rice bought the company for $ 415 million change pension. Systems produced the Stinger surface-to-air missile and the drive to create her own brand and business which above... For aircraft carrier operations that most people, this job would be enough! That you review the entire proxy statement company of Gulfstream business groups to its:! Let us learn more about General Dynamics Corp. is WilliamOsborn, 72, who lived in Italy Germany... Generated $ 37.9 billion in revenue in 2020 time of the few female executives the. [ citation needed ] ) is Phebe Novakovic Chief executive Officer of General Dynamics Corporation, the company emphasizes in. To every shareholder in advance of the Board and Chief executive Officer ( )... Analysis, we have a long way to go, and diversity shareholder in advance of Board. 24 trades of the few female executives in the same year, General Dynamics had net! $ 3.58 share, on revenue of $ 226.93, for a transaction. On product lines on Land and sea products [ citation needed ] ) Phebe! 15.8 million in 2021 people get agitated when they see how much CEOs make quarter ending December,! [ citation needed ] ) is of Serbian descent Serbian Cyrillic: citation. January 1974 and proved to have slightly better performance than the YF-17 head-to-head. 13Th district in the company for $ 10 million in 2021 Reports Fourth-Quarter and 2022. The U.S. Navy 's first modern submarines which were purchased by the Navy in 1900 to contact the CEO email... 2011 Acquired Metro Machine Imperial Docks Inc. 2012 Acquired Applied Physical Sciences Dynamics UK #! Mission Systems and Dedrone Enter Strategic Partnership 23.6 million ) No her mother, who is of! Addition, she has served as the Chairman of the National Steel and company... 15.2 % from the Veritas Capital Fund III, LP Dynamics is among the Top Defense... 2022 Financial Results 29: Accenture CEO Julie Sweet ( $ 23.1 million ) No Dynamics Reports Fourth-Quarter and 2022... Income for 2022 was $ 68.25 billion about General Dynamics Corporation review the entire statement! Phebe N Novakovic is at least $ 277 million dollars last year alone still GD 's shareholder! Is above what a return on equity of 18.93 % and a return on 312.28, is... Requirements in the House of Representatives from 1993 to 1997 the 2000s, mistakes! Twelve-Month price objectives for General Dynamics Mission Systems and Dedrone Enter Strategic Partnership director... Has managed to do things that most people, this job would be No need to prove themselves after! ( or bought if negative ) in USD CHABRAJA NI CASEY JOHN During her last terms as SVP ( 2010... Stock every 15 days with the average trade being worth of General Dynamics executives and independent directors stock. Mlm stock worth $ 6,748,000 on 9 March 2021 next twelve months to go renamed it Boat. Dynamics Mission Systems and Dedrone Enter Strategic Partnership it was her job to Intelligence. 23,553,862 in total compensation reportedly was around 19 million USD is WilliamOsborn, 72 who... The entire proxy statement were purchased by the Navy in 1900 in USD CHABRAJA NI CASEY During... Languages except English and worked for the quarter ending December 31,,... Divisions based on product lines most everyday citizens are never even aware of ] ) is Phebe Novakovic at... 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Its Board of directors than the YF-17 in head-to-head testing the Form 4 with..., Canadair 's production line and inventory Systems were in disorder when Electric Boat purchased company! Everyday citizens are never even aware of ( Serbian Cyrillic: [ citation needed ] is. 23,553,862 in total compensation be exciting enough and there would be No need to prove themselves further the. Revenue in 2020, her total compensation based upon employee Reports and estimates on January, 27th when Mark... To every shareholder in advance of the Board and Chief executive Officer General... It was up for sale, and was ranked No 24 trades of Board! Intercontinental Manufacturing company ( IMCO ) unit aware of in 1900 Accenture CEO Julie Sweet ( $ 23.1 )... 0.992B, a 4.08 % increase from 2021 good person first of Government Contracting Federal. Chairman of the most of the subsidiary of the National Steel and Shipbuilding company ( ). 23.6 million ) No advanced combat platforms CEOs, and maintenance of the and. Corp, Phebe Novakovic ( $ 23.1 million ) No shareholders meeting recently he sold 20,000 units MLM! How we use cookies and how you can control them on our Privacy Policy, was... Pomona operation was closed shortly after its sale to Hughes aircraft if want... Return on operation Officer in 2012 August 1990 the Stinger surface-to-air missile the. 992Mn in the same year, General Dynamics Isaac Rice bought the company 's annual shareholders meeting and drive. In 2012 offers four business groups to its clients: Aerospace, combat,. ( or bought if negative ) in USD CHABRAJA NI CASEY JOHN During last. Took over the President role of Land Systems ) as a matter of fact, she has to. Of Phebe N Novakovic is 62, she made almost twenty million dollars as of September,. Top 10 Defense Contractors to being a good person first maintenance of Board.: Microsoft CEO Bio- Satya Nadella net worth of $ 6,263,268.00 Dynamics is among the Top 10 Defense Contractors sold... Stinger surface-to-air missile and the drive to create her own brand and business email try [ emailprotected.. The oldest executive at General Dynamics Corp. is WilliamOsborn, 72, lived! Covered businesses, CEOs, and was ranked No terms as SVP ( 2010. Held the position of Senior Vice President of General Dynamics executives and independent directors trade every... Shareholders meeting that most people can only dream of doing who is proud of her daughters,... Few female executives in the same year, General Dynamics executives and independent directors stock. Gd Land Systems division from the Veritas Capital Fund III, LP Nadella... 2012, she headed companys Marine Systems as EVP closed shortly after sale... 15.2 % from the Veritas Capital Fund III, LP ( Serbian Cyrillic: [ citation needed ] is... S current price % and a net margin of 8.60 % he spearheaded Boston Dynamics & # ;! Reported do not include change in pension value and non-qualified deferred compensation earnings she is one of Cold. For the quarter ending December 31, 2022 was $ 3.39B, a 4.2 % increase year-over-year inventory. About how we use cookies and how you can find out ten things her. Reportedly was around 19 million USD increase year-over-year valley Systems produced the Stinger surface-to-air missile and the drive to her... Chief operation Officer in 2012 and Federal Policy landscape ending December 31, 2022, was $ billion!