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General Dynamics

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This article is part of the Center for Media & Democracy's focus on the fallout of nuclear "spin."

General Dynamics is the sixth largest defence manufacturer in the world [1]. Established in 1952, it includes Electric Boat, which built the first nuclear-powered submarine, USS Nautilus. In 1982, it added its first Combat Systems unit, Land Systems, which makes armoured vehicles and in 2003, it increased this area of work with the acquisition of the Canadian GM Defense. In 2002, General Dynamics registered a 25% growth in military business. Primary categories of military hardware produced by the company include nuclear submarines, warships, armoured vehicles, and ammunition. General Dynamics is headquartered in Virginia, US, and employs people in the US, Canada, Mexico and the UK.

Description

It has four major business segments

  • Aerospace
  • Combat Systems
  • Information Systems and Technology
  • Marine Systems

Combat Systems includes "Ordnance and Tactical Systems" (formerly Primex Technologies) which includes ammunitions, including those which might utilize depleted uranium penetrators.

General Dynamics Ordnance Systems has been the prime contractor for the Hydra-70 rocket system since 1995 and is teamed with PRIMEX of St. Petersburg, Florida, and Alliant Techsystems of Hopkins, Minnesota. [2]

General Dynamics acquired Primex Technologies in 2001. See the Press Release. GD also acquired in that year Spain's leading defense manufacturer, Santa Barbara Sistemas. [3]

General Dynamics acquired Anteon International Corp. in 2006. See the Press Release.

Political contributions

General Dynamics gave $1,039,200 to federal candidates in the 2006 election through its political action committee - 35% to Democrats, 64% to Republicans, and 1% ($10,000) to independent Joseph Lieberman (I-CT). [1]

Lobbying

The company spent $9,364,234 for lobbying in 2006. In-house lobbyists and over 20 lobbying firms were used, including PMA Group, Clark & Weinstock, and Potomac Advocates. [2]

Personnel

Accessed May 2010: [3]

From 2006

Key executives and 2006 pay: [4]          Options
exercised
Nicholas D. Chabraja, Chairman and Chief Executive Officer    $4,500,000    $21,520,000
L. Hugh Redd, Chief Financial Officer    $778,000    $115,000
Bryan T. Moss, President Emeritus of Gulfstream    $1,170,000    $62,000
David A. Savner, Senior Vice President    $1,160,000    $3,350,000
Gerard J. DeMuro, Group Executive, Information Systems and Technology    $1,260,000    $1,220,000

Selected members of the Board of Directors: [5]

Contact

2941 Fairview Park Drive
Suite 100
Falls Church, VA 22042
Phone: 703-876-3000
Fax: 703-876-3125
Web: http://www.gendyn.com

Resources and articles

Related SourceWatch articles

References

  1. 2006 PAC Summary Data, Open Secrets, accessed September 2007.
  2. General Dynamics lobbying expenses, Open Secrets.
  3. Directors, General Dynamics, accessed May 12, 2010.
  4. General Dynamics Key Executives, Yahoo Finance, accessed September 2007.
  5. Investor Relations, Corporate Governance, Board of Directors, General Dynamics, accessed September 2007.

External resources