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In 1998 General Dynamics bought NASSCO in a $415 million deal. [18] On October 31, 2011, General Dynamics-NASSCO acquired Metro Machine Corp, a surface-ship repair company in Norfolk, Virginia, and renamed it NASSCO-Norfolk. [19] The company had been conducting ship repairs and conversions for the U.S. Navy since 1972.
General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales. [ 2 ]
The top three contractors were General Atomics, Northrop Grumman, and General Dynamics-NASSCO. [13] In September 2020, a $7.4 billion contract for MQ-9 Reaper drones was announced between the U.S. Air Force and General Atomics. The contract calls for the delivery of up to 36 aircraft per year. [14]
General Dynamics' (GD) ESB ships operate as mobile sea bases, providing the Navy Fleet with a critical access infrastructure that supports the flexible deployment of forces and supplies.
In 1995, Bath Iron Works was bought by General Dynamics. In 2001, the company wrapped up a four-year effort to build the Land Level Transfer Facility, an enormous concrete platform for final assembly of its ships, instead of building them on a sloping way so that they could slide into the Kennebec at launch.
General Dynamics acquired Convair the following year, and the holding company assumed the "General Dynamics" name while the submarine-building operation reverted to the "Electric Boat" name. [ 8 ] Electric Boat built the first nuclear submarine, USS Nautilus , which was launched in January 1954, and the first ballistic missile submarine , USS ...
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