General DynamicsGeneral Dynamics
is a defense conglomerate formed by mergers and divestitures. It has changed markedly in the post-Cold War
era of defense consolidation.
Its current 2002 divisions and major products include:
It has about $12 billion in sales, primarily military, but also civilian with its Gulfstream Aerospace unit and conventional ship-building and repair with its National Steel and Shipbuilding subsidiary.
Business it no longer has:
- coal mining
- building materials
- Cessna in 1992 to Textron
- space systems to Martin Marietta
- tactical missiles
- fixed wing military aircraft
It has tried to acquire Newport News Shipbuilding
but been blocked by regulators and competitors.
Its Web site is http://www.gd.com/.