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General Dynamics

Propelling forward
May 28, 2025

Antitrust lawsuit against General Dynamics, HII revived in appeals court

Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.

The Power 50
May 20, 2025

Three CEOs from Virginia return to Fortune’s most powerful women list

Three Virginia defense contractors' CEOs returned to Fortune's 100 Most Powerful Women in business list for 2025. They lead General Dynamics, Northrop Grumman and SAIC. 

General Dynamics Electric Boat is seen in Groton, Conn., Wednesday, April 16, 2025. (AP Photo/Julia Demaree Nikhinson, File)
May 19, 2025

Strike averted as submarine designers in Connecticut agree to contract with Electric Boat

The union for about 2,500 submarine designers at Electric Boat in Connecticut, a subsidiary of Reston-based General Dynamics, has tentatively agreed to a new contract with the company, averting a strike that would have begun Monday.

General Dynamics submarine designers to strike on May 18 if contract deal isn’t reached
May 2, 2025

General Dynamics submarine designers to strike on May 18 if contract deal isn’t reached

Electric Boat shipyard workers in Connecticut plan a May 18 strike if no contract deal is reached, demanding higher wages and restored pension benefits.

Virginia-class submarine conducts sea trials in Groton, Connecticut. Photo courtesy General Dynamics
May 1, 2025

HII, General Dynamics win up to $18.4B submarine contract modification

Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced.

Boeing 737 MAX airliners are pictured at the company's factory on Thursday, Sept. 12, 2024, in Renton, Wash. (AP Photo/Stephen Brashear, File)
Apr 23, 2025

Boeing doesn’t expect its recovery to be impacted by trade war with China

Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the Arlington County-based company's financial recovery. Meanwhile, RTX and General Dynamics surpass Wall St. expectations and Northrop Grumman is below forecast.

Virginia-class submarine. Photo by AdobeStock
Mar 28, 2025

General Dynamics subsidiary wins $1B Navy contract

A Connecticut-based subsidiary of Reston-headquartered Fortune 500 contractor General Dynamics was recently awarded a $1 billion contract modification from the U.S. Navy to purchase long lead time materials for Virginia-class Block VI submarines. The subsidiary, General Dynamics Electric Boat, announced the award on Tuesday. The company designs, builds, repairs and modernizes nuclear submarines fo[...]

Smooth sailing for Virginia’s publicly traded companies, except Boeing
Feb 28, 2025

Smooth sailing for Virginia’s publicly traded companies, except Boeing

Overall, Virginia’s largest publicly traded companies saw 2024 as a successful year, reflecting the nation’s economic upswing of about 3% each quarter. Except for Boeing and “its ghastly record,” as George Mason University’s Terry Clower memorably said late last year about the Arlington-based Fortune Global 500 aerospace and defense giant. In January 2024, a Boeing […]

GDIT received two contracts worth a combined $330 million to provide training support services to the Army.
Nov 26, 2024

GDIT wins $330M in Army training support contracts

Falls Church federal contractor General Dynamics Information Technology has won two Army contracts totaling $330 million, the General Dynamics subsidiary announced Tuesday. The Army Contracting Command – Orlando awarded the task orders to GDIT in August as part of the $975 million Mission Training Complex Capabilities Support II indefinite delivery, indefinite quantity contract. Under the [&[...]

GD subsidiary in Norfolk wins potential $123.3M contract
Oct 24, 2024

GD subsidiary in Norfolk wins potential $123.3M contract

General Dynamics NASSCO, a Norfolk subsidiary of Reston aerospace and defense giant General Dynamics, was awarded a U.S. Navy contract worth up to $123.3 million last week for maintenance, modernization and repair of the USS Porter destroyer during fiscal 2025.  The base amount of the firm fixed price contract to General Dynamics NASSCO-Norfolk is $686,843. The contract […]

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Oct 2, 2024

Three Va. CEOs make world’s most powerful women list

Three Virginia CEOs made Fortune’s 2024 list of the world’s 100 Most Powerful Women in business, which the media company released Wednesday. Kathy J. Warden, chair, president and CEO of Falls Church-based Fortune 500 defense contractor Northrop Grumman ranked highest among the trio of Virginia leaders, taking the No. 25 spot — a drop from […]

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Sep 29, 2024

The supersize era

In June, Tesla shareholders reaffirmed their intention to award the largest CEO compensation package in history to the automotive company’s controversial leader, Elon Musk. Valued as high as $56 billion, the deal had previously been thrown out by a Delaware judge, citing a failure by members of Tesla’s board to disclose conflicts of interest with […]

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