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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 ]
Phebe Novakovic is an American businesswoman and former intelligence officer. She serves as the chairwoman and chief executive officer of General Dynamics.. She was ranked 21st on Fortune's list of Most Powerful Women in 2023. [2]
The region also plays an important role in defense contracting, with particular emphasis in the shipbuilding and ship repair businesses for the city of Norfolk. Major private shipyards located in Norfolk include: BAE Systems Ship Repair, Colonna's Shipyard, and NASSCO. Most contracts fulfilled by these shipyards are issued by the Navy, though ...
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The top five contractors, ranked by defense-generated revenue in fiscal year 2013, were General Atomics, followed by Northrop Grumman, General Dynamics-NASSCO, BAE Systems, and SAIC. A separate October 2013 report by the San Diego Business Journal ranked contractors by the number of local employees. The top three contractors were General ...