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General Dynamics
General Dynamics Corporation (GD), headquartered in Reston, Virginia, is an American industrial and technology company. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government; it receives over 3% of total spending by the federal government of the United States on contractors.
The company is ranked 96th on the Fortune 100 and 242nd on the Forbes Global 2000. In 2024, 69% of revenue was from the federal government of the United States, 14% was from U.S. commercial customers, 10% was from non-U.S. government customers and 7% was from non-U.S. commercial customers.
The company was formed in 1952 via the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair.
The company's Gulfstream Aerospace division (23% of 2024 revenues) produces business jets including the Gulfstream G650/G700/G800 series and offers business aircraft services under Jet Aviation. The company's marine systems division (30% of 2024 revenues) designs and builds nuclear submarines and includes Bath Iron Works, General Dynamics Electric Boat, and National Steel and Shipbuilding Company. The company's combat systems division (19% of 2024 revenues) includes General Dynamics Land Systems, General Dynamics European Land Systems (GDELS), Steyr-Daimler-Puch, and Santa Bárbara Sistemas, and produces Phalanx CIWS, Expeditionary tanks, the M1 Abrams series main battle tank, Expeditionary Fighting Vehicles, M104 Wolverine, LAV III, Stryker armoured fighting vehicles, XM2001 Crusader self-propelled howitzer, GAU-17 (Minigun), GAU-19, ASCOD AFV, Pandur II, Mowag (including Mowag Duro, Mowag Eagle, and Mowag Piranha), Leopard 2E, and Scout SV. The company's technologies division (28% of 2024 revenues) includes General Dynamics Mission Systems and provides services such as consulting, mission-support, mobile communication, computers, command-and-control and cyber (C5) mission systems, and intelligence, surveillance and reconnaissance. It is modernizing the information technology systems of the United States Central Command and for the Centers for Medicare and Medicaid Services.
Isaac Leopold Rice bought the Holland Torpedo Boat Company from John Philip Holland in 1899. Holland continued to work at the company as chief engineer. The company was renamed Electric Boat Company. Electric Boat was responsible for designing and building the USS Holland, purchased by the United States Navy in 1900 for $150,000 (roughly $5.75M in 2025).
Electric Boat also sold modified Holland-class and Plunger-class submarines to the British Royal Navy through the English armaments company Vickers as well as to Japan and Russia. In 1906, Electric Boat won contracts to design C-class submarines but subcontracted the construction to the Fore River Shipyard in Quincy, Massachusetts.
Holland passed away in 1914. Lawrence Spear, who replaced him as chief engineer, redesigned the Holland submarine. The submarine redesign replaced the submarine's observation dome with a conning tower, a periscope, and first-of-its-kind torpedo tubes.
In 1911, Electric Boat acquired the New London Ship and Engine Company in Groton, Connecticut, to build parts for submarines, diesel engines, and commercial ships. Isaac Rice died in 1915 and was replaced by his associate Henry Carse. Carse expanded the company with the purchase of several companies, including Electro Dynamics, Elco Motor Yacht, and New London Ship & Engine of Groton, Connecticut. Following the acquisitions, the company was renamed Submarine Boat Corporation. During World War I, the company received orders from the U.S. Navy to build 85 submarines, 722 submarine chasers, and 118 surface ships.
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General Dynamics
General Dynamics Corporation (GD), headquartered in Reston, Virginia, is an American industrial and technology company. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government; it receives over 3% of total spending by the federal government of the United States on contractors.
The company is ranked 96th on the Fortune 100 and 242nd on the Forbes Global 2000. In 2024, 69% of revenue was from the federal government of the United States, 14% was from U.S. commercial customers, 10% was from non-U.S. government customers and 7% was from non-U.S. commercial customers.
The company was formed in 1952 via the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair.
The company's Gulfstream Aerospace division (23% of 2024 revenues) produces business jets including the Gulfstream G650/G700/G800 series and offers business aircraft services under Jet Aviation. The company's marine systems division (30% of 2024 revenues) designs and builds nuclear submarines and includes Bath Iron Works, General Dynamics Electric Boat, and National Steel and Shipbuilding Company. The company's combat systems division (19% of 2024 revenues) includes General Dynamics Land Systems, General Dynamics European Land Systems (GDELS), Steyr-Daimler-Puch, and Santa Bárbara Sistemas, and produces Phalanx CIWS, Expeditionary tanks, the M1 Abrams series main battle tank, Expeditionary Fighting Vehicles, M104 Wolverine, LAV III, Stryker armoured fighting vehicles, XM2001 Crusader self-propelled howitzer, GAU-17 (Minigun), GAU-19, ASCOD AFV, Pandur II, Mowag (including Mowag Duro, Mowag Eagle, and Mowag Piranha), Leopard 2E, and Scout SV. The company's technologies division (28% of 2024 revenues) includes General Dynamics Mission Systems and provides services such as consulting, mission-support, mobile communication, computers, command-and-control and cyber (C5) mission systems, and intelligence, surveillance and reconnaissance. It is modernizing the information technology systems of the United States Central Command and for the Centers for Medicare and Medicaid Services.
Isaac Leopold Rice bought the Holland Torpedo Boat Company from John Philip Holland in 1899. Holland continued to work at the company as chief engineer. The company was renamed Electric Boat Company. Electric Boat was responsible for designing and building the USS Holland, purchased by the United States Navy in 1900 for $150,000 (roughly $5.75M in 2025).
Electric Boat also sold modified Holland-class and Plunger-class submarines to the British Royal Navy through the English armaments company Vickers as well as to Japan and Russia. In 1906, Electric Boat won contracts to design C-class submarines but subcontracted the construction to the Fore River Shipyard in Quincy, Massachusetts.
Holland passed away in 1914. Lawrence Spear, who replaced him as chief engineer, redesigned the Holland submarine. The submarine redesign replaced the submarine's observation dome with a conning tower, a periscope, and first-of-its-kind torpedo tubes.
In 1911, Electric Boat acquired the New London Ship and Engine Company in Groton, Connecticut, to build parts for submarines, diesel engines, and commercial ships. Isaac Rice died in 1915 and was replaced by his associate Henry Carse. Carse expanded the company with the purchase of several companies, including Electro Dynamics, Elco Motor Yacht, and New London Ship & Engine of Groton, Connecticut. Following the acquisitions, the company was renamed Submarine Boat Corporation. During World War I, the company received orders from the U.S. Navy to build 85 submarines, 722 submarine chasers, and 118 surface ships.
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