Profile: General Dynamics Corp (GD.N)

GD.N on New York Stock Exchange

20 Jul 2018
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General Dynamics Corporation, incorporated on February 21, 1952, is a global aerospace and defense company. The Company offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; information technology (IT) services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship repair. The Company operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.


The Company delivers a family of Gulfstream aircraft, provides aircraft services and perform completions for aircraft produced by other original equipment manufacturers (OEMs). The Aerospace group offers aircraft design; technologically advanced cockpit and cabin systems, and product service and support. The Company, through Gulfstream Aerospace Corporation (Gulfstream), designs, develops, manufactures, services and supports business-jet aircraft. The Aerospace group's product line includes aircraft across a spectrum of price and performance options in the large-and mid-cabin business-jet market.

The Aerospace group offers the G500 and G600, which are cabin business jets. The Aerospace group's product enhancement and development efforts include initiatives in advanced avionics, composites, renewable fuels, flight-control systems, acoustics, cabin technologies and vision systems. Gulfstream designs, develops and manufactures aircraft in Savannah, Georgia, including manufacturing all large-cabin models. As of December 31, 2016, the Aerospace group offered support for the over 2,500 Gulfstream aircraft in service with a factory-owned service network in the business-aviation industry, including professionals located across the globe. As of December 31, 2016, the Aerospace group operated 11 Company-owned service centers across the world and had over 20 factory-authorized service centers and authorized warranty facilities on six continents.

The Company's Jet Aviation is engaged in business aviation services, providing services and a network of locations for aircraft owners and operators. As of December 31, 2016, with over 25 airport facilities throughout Europe, the Middle East, Asia, North America and the Caribbean, its service offerings included maintenance, repair, completions, aircraft management, charter, fixed-base operations (FBO) and staffing services. In addition to these capabilities, Jet Aviation offers custom completions for business-jet aircraft and narrow-and wide-body aircraft completions.

Combat Systems

The Company's Combat Systems group offers combat vehicles, weapons systems and munitions for the United States Government and its allies across the world. Comprising three business units, European Land Systems, Land Systems and Ordnance and Tactical Systems, the Combat Systems group's product lines include wheeled combat and tactical vehicles; battle tanks and tracked combat vehicles; weapons systems, armament and munitions, and maintenance and logistics support and sustainment services. The Combat Systems group provides a spectrum of vehicle offerings to a global customer base. The eight-wheeled, medium-weight Stryker combat vehicle is a versatile vehicle in the United States Army's fleet, combining mobility and survivability into a deployable and responsive combat support vehicle. As of December 31, 2016, there were 11 Stryker variants. As of December 31, 2016, the Combat Systems group offered light armored vehicles (LAVs) with over 10,000 vehicles delivered across the world. The Combat Systems group also offers technologies combined with combat survivability. The Combat Systems group also delivers various high-mobility, versatile Pandur and Piranha armored vehicles.

The Combat Systems group's Pandur family of vehicles serves as a common platform for various armament and equipment configurations and the Piranha is a multi-role vehicle suited for a range of combat operations. In addition, the Combat Systems group produces Piranha armored vehicles equipped with mortar systems for the Swiss Government. Tactical vehicles offered by the Combat Systems group include the Flyer family of vehicles, a modular vehicle built for speed and mobility that allows access to previously unreachable terrain in demanding environments. The Combat Systems group also delivers these vehicles to the United States Special Operations Command for the Internally Transportable Vehicle (ITV) and Ground Mobility Vehicle (GMV) programs. Outside the United States, the Duro and Eagle tactical vehicle families offer a range of options in the 6- to 15-ton weight class.

The Combat Systems group is engaged in managing the effectiveness and lethality of the United States Army's M1A2 Abrams tank fleet with the System Enhancement Package (SEP) V3, providing a digital platform that includes an upgraded command-and-control system, new power generation and distribution systems, second-generation thermal sights and managed armor. Internationally, the Company provides Abrams tanks to various allies of the United States. The ASCOD is a versatile tracked combat vehicle with multiple versions, including the Spanish Pizarro and the Austrian Ulan. The Combat Systems group is producing the British Army's AJAX armored fighting vehicle. The Combat Systems group designs, develops and produces an array of weapons systems. For ground forces, the Combat Systems group manufactures M2/M2-A1 heavy machine guns and MK19/MK47 grenade launchers. The Combat Systems group also produces weapons systems for shipboard applications. For airborne platforms, the Combat Systems group produces weapons for fighter aircraft. The Combat Systems group's munitions portfolio covers the breadth of naval, air and ground forces applications across all calibers and weapons platforms for the United States Government and its allies. In North America, the Combat Systems group is engaged in the supply of Hydra-70 rockets, large-caliber tank ammunition, medium-caliber ammunition, mortar and artillery projectiles, tactical missile aerostructures, and warheads; military propellants, and conventional bombs and bomb cases.

Information Systems and Technology

The Company's Information Systems and Technology group provides technologies, products and services in support of various programs for a range of military, federal/civilian, state, local and commercial customers. The Information Systems and Technology group's diverse portfolio includes IT solutions and mission support services, and mobile communication, computers and command-and-control mission systems, and intelligence, surveillance and reconnaissance (ISR) solutions. The Information Systems and Technology group designs, builds and operates secure IT networks and systems, and provides a range of professional and technical services. The Information Systems and Technology group is also engaged in offering cloud and virtualization technologies and services. It offers cloud-based solutions that meet multiple federal government and military compliance requirements. As of December 31, 2016, the Information Systems and Technology group developed and deployed virtual desktop environment for the intelligence community, supporting over 8,000 users. It is also engaged in implementing the Department of Defense's (DoD's) enterprise-wide e-mail infrastructure. It supports the enterprise IT lifecycle, ranging from designing and integrating, operating and maintaining to modernizing data, voice and multimedia networks. The Information Systems and Technology group has an experience consolidating, building and operating data centers. The Information Systems and Technology group engineers, designs and installs networks for commercial fiber-to-the-home providers and wireless carriers. The Information Systems and Technology group also delivers 911 emergency response systems to state and local governments.

The Company's Information Technology business is a provider in the healthcare IT market. The Information Systems and Technology group's offerings include cyber security services, big data analytics, and fraud prevention and detection software for public and commercial health systems. The Information Systems and Technology group provides a suite of IT services and solutions for the Centers for Medicare and Medicaid Services, including operating a network of customer contact centers across the United States. The Information Systems and Technology group also provides training technologies for military operations, range support, simulation and professional development. The Information Systems and Technology group delivers education curricula and training throughout the Navy and live, virtual, constructive and gaming capabilities to over half of the Army's Mission Training Complexes. In addition, the Information Systems and Technology group provides specialized security training to the United States Department of Homeland Security (DHS) to enhance civil aviation security. It designs, builds, integrates, deploys and supports communications, command-and-control and computer mission systems; imagery, signals- and multi-intelligence systems, and cyber security systems for customers in the United States defense, intelligence and homeland security communities, as well as the United States allies.

The Information Systems and Technology group is a manufacturer and integrator of secure communications systems, including fixed and mobile ground, radio and satellite systems and antenna technologies. As the prime contractor on the Common Hardware Systems-4 (CHS-4) contract, the Information Systems and Technology group provides the Army with computing and communications equipment. The Information Systems and Technology group is also the prime contractor for Warfighter Information Network-Tactical (WIN-T), the Army's mobile communications network delivering voice and data communications to soldiers anywhere on the battlefield. The Information Systems and Technology group offers a range of radio products and systems for military, government and commercial customers, as well as long-term evolution (LTE) broadband communications networks for first responders. The Information Systems and Technology group's AN/USC-61 (C) Digital Modular Radio (DMR) is a software-defined radio to become a communications system standard for the United States military. The Information Systems and Technology group also delivers the 5,000th CM-300/350 V2 digital radio to the Federal Aviation Authority (FAA) used by air traffic control centers, commercial airports, military air stations and range installations. The Information Systems and Technology group's combat and seaframe control systems serve as the technology backbone for the Navy's Independence-variant Littoral Combat Ship (LCS) and the Expeditionary Fast Transport (EPF). As of December 31, 2016, its unmanned undersea vehicles (UUVs) offered a range of systems and configurations, including over 70 various sensors on 80 vehicles that can operate in the open ocean and constrained waterways.

The Information Systems and Technology group delivers mission and display systems, signal and sensor processing and command-and-control solutions for airborne platforms. The Information Systems and Technology group's aircraft mission computers are on the Navy's F/A-18 Super Hornet strike fighter and the Marine Corps' AV-8B Harrier II aircraft, giving pilots situational awareness and combat systems control. The P-3 Orion and other maritime patrol aircraft use its digital stores management system. The Information Systems and Technology group provides ISR solutions for classified programs. Its know-how includes multi-intelligence ground systems and large-scale, data and signal processing. Its Cyber security solutions are embedded throughout its IT and systems engineering programs. It also offers cyber services to help defend mission-critical national and large-enterprise tactical networks.

Marine Systems

The Company's Marine Systems group is a designer and builder of nuclear-powered submarines, surface combatants and auxiliary and combat-logistics ships for the United States Navy and Jones Act ships for commercial customers. With shipyards located on both the United States coasts, the Marine Systems group provides engineering, construction and assembly work, as well as maintenance and modernization support. Its portfolio of platforms and capabilities includes nuclear-powered submarines; surface combatants; auxiliary and combat-logistics ships; commercial product carriers and containerships; design and engineering support services, and maintenance, modernization and lifecycle support services. It is a prime contractor for the Virginia-class submarine program. Designed for a range of global mission requirements, including intelligence gathering, special-operations missions and sea-based missile launch, these stealthy boats excel in littoral and open-ocean environments. It is the prime contractor for the Navy's Columbia-class ballistic missile submarine, a 12-boat program.

The Marine Systems group is a designer and builder of the Arleigh Burke-class (DDG-51) guided-missile destroyers, managing the design, modernization and lifecycle support. These multi-mission ships provide offensive and defensive capabilities and are capable of simultaneously fighting air, surface and subsurface battles. They can operate independently or as part of carrier strike groups, surface action groups, amphibious-ready groups and underway replenishment groups. Bath Iron Works is one of the Navy's contractors involved in the development and construction of the Zumwalt-class (DDG-1000) platform, the Navy's guided-missile destroyer. These ships are equipped with numerous technological enhancements, including a low radar profile, an integrated power system and a software environment that ties together all the systems on the ship. NASSCO is building Expeditionary Sea Base (ESB) auxiliary support ships, a variant of the original Expeditionary Support Dock (ESD) ships, which serve as floating transfer stations that manage the Navy's ability to deliver equipment and expeditionary forces to areas without adequate port access. As of December 31, 2016, the ESBs, equipped with a 52,000-square-foot flight deck and accommodations for up to 250 personnel, were capable of supporting a range of missions, including airborne mine countermeasure, maritime security operations and disaster relief missions.

The Company's Marine Systems group provides ship and submarine maintenance, modernization and lifecycle support services to extend the service life and maximize the value of these ships. NASSCO conducts full-service maintenance and surface-ship repair operations in four primary locations within the Navy's ports in the United States and at customer locations across the globe. Electric Boat Corporation (Electric Boat) provides submarine maintenance and modernization services in a range of the United States locations. In support of allied navies, the Marine Systems group offers program management, planning, engineering and design support for submarine and surface-ship construction programs. In addition to its work for the Navy, the Marine Systems group has experience in all phases of ship construction for commercial customers, designing and building oil and product tankers and container and cargo ships for commercial markets. It has commercial shipbuilding technology with NASSCO's design and delivery of liquefied natural gas (LNG)-powered containerships, using green ship technology to decrease emissions.

Company Address

General Dynamics Corp

2941 Fairview Park Dr Ste 100
FALLS CHURCH   VA   22042-4541
P: +1703.8763000
F: +1703.8763125

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