Phebe has made over 24 trades of the General Dynamics stock since 2006, according to the Form 4 filled with the SEC. 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. GD and Northrop were awarded prototype contracts. 1 month ago - PRNewsWire. However, Canadair's production line and inventory systems were in disorder when Electric Boat purchased the company. This suggests a possible upside of 15.2% from the stock's current price. Ellison's net worth makes him one of the richest people in the world behind other tycoons like Jeff Bezos. [2] The company is a Fortune 100 company, and was ranked No. The leaders and executives of General Dynamics Corporation are seasoned professionals who have guided the company through its challenges and accomplishments over the past 70 years. [96], General Dynamics reported Total CO2e emissions (Direct + Indirect) for 2021 at 696,118 mt (-8.7% year over year) and aims to reducing greenhouse gas emissions 40% by 2034. While she does consider making the list an honor, shes a lot more interested in getting the results that shes looking for. According to our data, General Dynamics Corporation has a market capitalization of US$44b, and paid its CEO total annual compensation worth US$18m over the year to December 2019. At the end of the fourth quarter of 2022 our total US headcount was 338, or 9%, of the company's total headcount. 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. [2], Phebe Novakovic (Serbian Cyrillic: [citation needed]) is of Serbian descent. She is one of the few female executives in the military-industrial space. Oct 2020 - Mar 20221 year 6 months. Meet GENERAL DYNAMICS' marquee product -- the M1A2 ABRAMS MAIN BATTLE TANK. Soon thereafter, Veliotis was indicted by government prosecutors for illegal business practices . According to our data, General Dynamics Corporation has a market capitalization of US$54b, and paid its CEO total annual compensation worth US$21m over the year to December 2018. This site uses Akismet to reduce spam. 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 newest members of Forbes annual Power Women List come to us from an increasing variety of sectors and a growing number of influential positions. This alone is something that many people consider the culmination of a lifelong dream, but that was the first thing she did after graduating. In 2017, General Dynamics CEO Phebe received a total salary of 21.2 million USD, becoming one of the top paid CEOs in Virginia. As of 2018, she is listed as the world's 25th most powerful woman in business by Forbes. 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. Phebe Novakovic is an American businesswoman and former intelligence officer. This was similar to the 9% in the third quarter, and was down from 9.9% in the . This factory had been set up in order to spread out strategic aircraft production and rented to Convair during the war to produce B-24 Liberator bombers. In 1976, General Dynamics sold Canadair to the Canadian Government for $38 million. Hopkins hired Canadian-born mass-production specialist H. Oliver West to take over the president's role and return Canadair to profitability. 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General Dynamics executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. RESTON, Va., Feb. 17, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) Chief Financial Officer Jason W. Aiken will speak at the Barclays 2022 Industrial Select Conference in Miami on Thursday . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Thats saying quite a bit, but because of her driven personality, she doesnt really pay that much attention to these types of rankings. 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. 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. General Dynamics (STU:GDX) Property, Plant and Equipment as of today (February 28, 2023) is 5,570 Mil. General Dynamics Corporation is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. 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. General Dynamics, meanwhile, has noted that past tensions have increased demand for the company's products. GD CEO Phebes journey with the company began in 2001. It provides tanks, rockets, missiles, submarines, warships, fighters, and electrical devices to the United States armed forces. 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. [4][5][6], She worked for the Central Intelligence Agency. Theyre the politicians taking on the worlds most pressing problems, leading billion-dollar businesses and leveraging their celebrity for social causes; some are setting trends [], USS Tucson crosses the Sea of Japan during "Invincible Spirit." Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. No. 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. On this Wikipedia the language links are at the top of the page across from the article title. As President of General Dynamics Mission Systems, Chris Brady supervises the whole division. Both units were recombined into one entity in 1992. In 2003, it purchased the defense divisions of General Motors as well. Good news, investors! He had previously served on the board, but resigned and divested before becoming Secretary of Defense. She believes that her company is unorthodox in the sense that even the former CEO Nicholas Chabraja was a trial attorney and did not have any engineering connection. Analysts had expected net income of $976mn, or $3.55 per share. [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. Dividend Kings 2023. Dividend Aristocrats 2023. Dividend Growth Portfolio. Mark Roualet has served as Executive Vice President of General Dynamics since March 2013. Phebe's mailing address filed with the SEC is 383 MADISON AVENUE, , NEW YORK, NY, 10179-0001. The Fortune 500 listed company, General Dynamics, competes with: As of 2021, the General Dynamics CEOs net worth was estimated to range between 150-175 million USD. During the early 1960s the company bid on the United States Air Force's Tactical Fighter, Experimental (TFX) project for a new low-level "penetrator". And youd be right- since it first opened, Read More The 20 Most Notable University of Florida Alumni in BusinessContinue, Matthew McConaughey is one of the best known actors of his generation. Dr. Robert Playter is CEO of Boston Dynamics. 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. Sign Up Now! The company is well-established in over 18 locations across the U.S, UK and Canada. In March the board of Alvis Vickers voted in favor of the 309m takeover. Phebe N. Novakovic Chairman and Chief Executive Officer, Christopher Marzilli Executive Vice President of Technologies, Mark C. Roualet Executive Vice President of Combat Systems, Robert E. Smith Executive Vice President of Marine Systems, Danny Deep Vice President and President for Land Systems, Christopher J. Brady Vice President and President for Mission Systems, David Paddock Vice President and President for Jet Aviation, Firat H. Gezen Vice President and President for Ordnance and Tactical Systems, Gregory S. Gallopoulos Senior Vice President, General Counsel, and Secretary, Jason W. Aiken Senior Vice President and Chief Financial Officer, Kimberly A. Kuryea Senior Vice President, Human Resources and Administration, Ira P. Berman Vice President, Senior Vice President of Administration, and General Counsel for Gulfstream Aerospace, Mark L. Burns Vice President and President for Gulfstream Aerospace, Kevin M. 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Phebe attended San Antonio-based Episcopal boarding school. GDIT is a $8.5B global technology enterprise with operations in 30 countries worldwide and 30,000 technologists and services professionals delivering critical mission capabilities across defense, civilian and intelligence agencies. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Phebe Novakovic was named the Chairman and Chief Executive Officer of General Dynamics in January 2013. 2. GD's exit from the aviation world was short-lived, and in 1999 the company acquired Gulfstream Aerospace. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. GD purchased Chrysler's defense divisions in 1982, renaming them General Dynamics Land Systems. From 1952 through the 1990s, the company supplied all military services with tanks, submarines, warships, missiles, rockets, fighters, and electronics. This put her in a position to be successful because it helped her understand exactly what was required. 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. Most recently he sold 20,000 units of MLM stock worth $6,748,000 on 9 March 2021 . Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office, The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals, The 14 New Faces On The 2013 Forbes Most Powerful Women List, General Dynamics Begins 2013 With New Leader, Changing Business Mix, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Production line and inventory Systems were in disorder when Electric Boat purchased company! Was named the Chairman and Chief Executive officer of General Dynamics Land Systems Chairman Chief! H. Oliver West to take over the President 's role and return Canadair to the 9 % in the &., shes a lot more interested in conducting a detailed compensation analysis, we recommend that you the! Becoming Secretary of defense ) Property, Plant and Equipment as of today ( February 28, 2023 is... 2006, according to the Canadian government for $ 38 million units of MLM stock $! 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