User talk:Chefmikesf/sandbox/General Dynamics

Latest comment: 3 years ago by Chefmikesf in topic Update General Dynamics article

Update General Dynamics article

edit

Hi! I'm posting here on behalf of General Dynamics, a company I have declared my COI. The article is rated C class across the six wiki projects, giving a lot of room for improvement. To start, I noticed some inaccuracies and omissions in the Infobox, Corporate governance, Financials, and See also sections. Below are the suggested improvements to each part of the article. You can also see a draft version of these changes in my Sandbox. Let me know if there are any questions!--Chefmikesf (talk) 19:17, 12 January 2021 (UTC)Reply

Factual Article Updates

1.

Location:Infobox

Reason and Request: The current Infobox is out of date and missing data about the company's products and services. My suggestion updates the products, services, financials, and subsidiaries subsections. The Infobox also needs a photo of the headquarters. When the photo is available on Wikimedia Commons, I will update the request.

Current Infobox content

General Dynamics Corporation
Company typePublic
IndustryAerospace
Defense
Shipbuilding
FoundedFebruary 7, 1899; 125 years ago (1899-02-07)
FounderJohn Philip Holland
Headquarters,
Area served
Worldwide
Key people
Phebe Novakovic
(Chairman and CEO)
Products
Revenue  US$36.19 billion (2018)[1]
  US$4.45 billion (2018)[1]
  US$3.34 billion (2018)[1]
Total assets  US$45.40 billion (2018)[1]
Total equity  US$11.73 billion (2018)[1]
Number of employees
107,000 (2019)[2]
Websitewww.gd.com

Proposed Infobox content

General Dynamics Corporation
Company typePublic
IndustryAerospace
Defense
Shipbuilding
FoundedFebruary 7, 1899; 125 years ago (1899-02-07)
FounderJohn Philip Holland
Headquarters,
Area served
Worldwide
Key people
Phebe Novakovic
(Chairman and CEO)
Products
Services
Revenue  US$39.350 billion (2019)[1]
  US$4.648 billion (2019)[1]
  US$3.438 billion (2019)[1]
Total assets  US$50.258 billion (2019)[1]
Total equity  US$14.716 billion (2019)[1]
Number of employees
104,000 (2020)[3]
Subsidiaries
Websitewww.gd.com

2.

Location: Corporate Governance

Reason and Request: Corporate governance should have its own section. Based on WP:Companies guidelines, I'm suggested Corporate governance has its own section following the History section. Second, I created a table with the name and role for each of the board members.

Current Corporate governance content

Current members of the board of directors of General Dynamics are: Catherine Reynolds, Nicholas Chabraja, James Crown, William Fricks, Paul Kaminski, John Keane, Lester Lyles, Phebe Novakovic, William A. Osborn, Laura J. Schumacher and Robert Walmsley.[4]

Proposed Corporate governance content

General Dynamics current chief executive officer is Phebe N. Novakovic.

Board Member Role
Phebe N. Novakovic Chairman and Chief Executive Officer
James S. Crown Lead Director and Chair, Nominating and Corporate Governance Committee
Rudy F. deLeon Director and Chair, Finance and Benefit Plans Committee
Cecil D. Haney Director
Mark M. Malcolm Director and Chair, Audit Committee
James N. Mattis Director
C. Howard Nye Director
William A. Osborn Director
Catherine B. Reynolds Director
Laura J. Schumacher Director and Chair, Compensation Committee
John G. Stratton Director
Peter A. Wall Director

Current as of December 2020

3.

Location: Financials

Reason and Request: Financials section should have its own section. Based on WP:Companies, I'm suggested the Financials section have its own section following the Corporate governance section. Second, the current Financials section contains extraneous content not relevant to the section. My thoughts are to fold some of the content into the History section, e.g., paragraphs two and four, then remove the extraneous content, e.g., paragraph three.

Current Financials content

General Dynamics has $30.9 billion in sales as of 2017[5] primarily military, but also civilian with its Gulfstream Aerospace unit and conventional shipbuilding and repair with its National Steel and Shipbuilding subsidiary.

In 2004, General Dynamics bid for the UK company Alvis plc, the leading British manufacturer of armored vehicles. In March the board of Alvis Vickers voted in favor of the £309m takeover. However at the last minute BAE Systems offered £355m for the company. This deal was finalized in June 2004.[6]

The corporation's subsidiaries are donors to the Canadian Defence and Foreign Affairs Institute.[7][importance?]

10% of General Dynamic stock is owned by the Crown family, which includes Nancy Carrington Crown and Steven Crown. This is the family's largest single asset.[8]

Financial data in $ millions[9]
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Revenue 20,975 24,063 27,240 29,300 31,981 32,466 32,677 30,992 30,930 30,852 31,781 30,561 30,973
Net income 1,461 1,856 2,072 2,459 2,394 2,624 2,526 −332 2,357 2,533 3,036 2,572 2,912
Assets 19,700 22,376 25,733 28,373 31,077 32,545 34,883 34,309 35,494 35,337 31,997 33,172 35,046
Employees 96,000 99,500 99,900 98,800 98,600


Proposed Financials content

For the fiscal year 2019, General Dynamics reported net income of US$3.484 billion, with an annual revenue of US$39.350 billion, an increase of 8.72% over the previous fiscal cycle. General Dynamics's shares traded at over $150 per share, and its market capitalization was valued at over US$43.27 billion in January 2021.[10]

Year Revenue
in mil. US$
Net income
in mil. US$
Assets
in mil. US$
Employees
2005 20,975 1,461 19,700 72,200
2006 24,063 1,856 22,376 81,000
2007 27,240 2,072 25,733 83,500
2008 29,300 2,459 28,373 92,300
2009 31,981 2,394 31,077 91,700
2010 32,466 2,624 32,545 90,000
2011 32,677 2,526 34,883 95,100
2012 30,992 (332) 34,309 92,200
2013 30,930 2,357 35,494 96,000
2014 30,852 2,533 35,337 99,500
2015 31,781 3,036 31,997 99,900
2016 30,561 2,572 33,172 98,800
2017 30,973 2,912 35,046 98,600
2018 36,193 3,345 45,408 105,600
2019 39,350 3,484 48,841 102,900
2020 104,000

Current as of December 2020. [11]

4.

Location: See Also

Reason and Request: Please add relevant articles to the See also section.

Current See also content

Proposed See also content


Edit Requests for General Dynamics Wikipedia article

edit
General Dynamics Wikipedia Article Edit Requests
1.
Location: Lead


Reason and Request:The current Lead paragraph is outdated. Please update key factual data points with proposed copy below.


Existing Lead Paragraph sentence

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 5th largest in the United States by total sales.[12] The company is a Fortune 100 company, and was ranked No. 83 in 2020.[13]

Formed in 1954 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair,[14] the corporation today consists of ten subsidiary companies with operations in 45 countries. The company's products include Gulfstream business jets, Virginia- and Columbia-class nuclear-powered submarines, Arleigh Burke-class guided-missile destroyers, M1 Abrams tanks and Stryker armored fighting vehicles.

In 2020, General Dynamics had worldwide sales of $37.9 billion and a workforce of more than 100,000 full-time employees. The current chairman and chief executive officer (CEO) is Phebe Novakovic.


Proposed Lead Paragraph sentence update

General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. As of 2021, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the United States by total sales.[15] The company is a Fortune 100 company, and was ranked No. 94 in 2022.[16]

Formed in 1954 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair,[17] the corporation today consists of ten subsidiary companies with operations in 45 countries. The company's products include Gulfstream business jets, Virginia- and Columbia-class nuclear-powered submarines, Arleigh Burke-class guided-missile destroyers, M1 Abrams tanks and Stryker armored fighting vehicles.

In 2020, General Dynamics had worldwide sales of $38.5 billion and a workforce of more than 103,000 full-time employees. The current chairman and chief executive officer (CEO) is Phebe Novakovic.

2.
Location: Acquisitions timeline

Reason and Request: The current Timeline section mixes acquisitions, historical events, and executive leadership changes. The proposed content cleans up the content and turns it into a comprehensive acquisition and divestiture section. Please replace the current section with the proposed section.


Existing Timeline content

Timeline Electric Boat was established in 1899.[18]

Divestitures


Proposed Acquisitions timeline content

Acquisitions timeline

edit

20th-century acquisitions

edit
Year Acquisition Business group
1947 Canadair Aerospace
1953 Convair Aerospace
1955 Stromberg-Carlson Combat Systems
1957 Liquid Carbonic Corporation Aerospace
1959 Material Service Corporation
1982 Chrysler's combat systems Combat Systems
1995 Bath Iron Works Marine Systems
1996 Teledyne Vehicle Systems Marine Systems
1997 Advanced Technology Systems Combat Systems
1997 Lockheed Martin Defense Systems Combat Systems
1997 Lockheed Martin Armament Systems Combat Systems
1997 Computing Devices International Technologies
1998 National Steel and Shipbuilding Company Marine Systems
1999 Gulfstream Aerospace Aerospace
1999 GTE Government Systems Technologies
2000 Saco Defense Combat Systems

21st-century acquisitions

edit
Year Acquisition Business group
2001 PrimeX Technologies Inc. Technologies
2001 Motorola Integrated Systems Technologies
2001 Galaxy Aerospace Company Aerospace
2001 Santa Bárbara Sistemas Combat Systems
2002 EWK Eisenwerke Kaiserslautern Combat Systems
2003 GM Defense Combat Systems
2003 Steyr-Daimler-Puch Spezialfahrzeug Combat Systems
2003 Veridian and Digital Systems Resources Technologies
2003 Datron's Intercontinental Manufacturing Company Combat Systems
2004 Spectrum Astro Aerospace
2004 MOWAG Combat Systems
2005 MAYA Viz Ltd Technologies
2005 Tadpole Computer Technologies
2005 Itronix Technologies
2006 FC Business Systems Technologies
2006 Anteon International Technologies
2007 Mediaware International Technologies
2008 ViPS, Inc. Technologies
2008 Jet Aviation Aerospace
2009 Axletech International Combat Systems
2010 Kylmar Ltd. Combat Systems
2011 Vangent, Inc. Technologies
2011 Metro Machine Imperial Docks Inc. Marine Systems
2011 Force Protection Inc. Combat Systems
2012 Earl Industries’ Ship Repair Division Marine Systems
2012 Open Kernel Labs Technologies
2012 Applied Physical Sciences Aerospace
2016 Bluefin Robotics Marine Systems
2018 CSRA Inc. Technologies
2018 Hawker Pacific Aerospace
2018 FWW Fahrzeugwerk GmbH Combat Systems


Divestitures

edit
Year Divestiture Purchaser
1946 General Atomics Gulf Oil
1953 Liquid Carbonic Corporation Houston Natural Gas Co.
1957 Asbestos Corporation Limited Société nationale de l'amiante (SNA)
1976 Canadair Canadian government
1991 Data Systems Division Computer Sciences Corporation
1995 Tactical Missiles Division Hughes Aircraft Company
1992 Cessna Textron
1993 Fort Worth Division (F-16s) Lockheed Corporation
1994 Space Systems Division Martin Marietta
1994 Convair's aerostructure unit McDonnell Douglas
1997 Electronics Division The Carlyle Group
1998 Material Service Hanson
1999 Freeman United Coal Mining Co. Springfield Coal Co.
1999 Spacecraft development and manufacturing Orbital Sciences Corporation
2000 Advanced Systems MacDonald, Dettwiler and Associates



3.
Location: Corporate Governance

Reason and Request: The Corporate governance section is outdated. Please update to match 2022 filings.

Current Corporate Governance

General Dynamics current chief executive officer is Phebe N. Novakovic.

Board Member Role
Phebe N. Novakovic Chairman and Chief Executive Officer
James S. Crown Lead Director and Chair, Nominating and Corporate Governance Committee
Rudy F. deLeon Director and Chair, Finance and Benefit Plans Committee
Cecil D. Haney Director
Mark M. Malcolm Director and Chair, Audit Committee
James N. Mattis Director
C. Howard Nye Director
William A. Osborn Director
Catherine B. Reynolds Director
Laura J. Schumacher Director and Chair, Compensation Committee
John G. Stratton Director
Peter A. Wall Director

As of December 2020[63]

Proposed Corporate Governance

Corporate governance

edit

General Dynamics current chairman and chief executive officer is Phebe N. Novakovic.

Board Member Role
Phebe N. Novakovic Chairman and Chief Executive Officer
James S. Crown Lead Director
Rudy F. deLeon Director
Cecil D. Haney Director and Chair, Nominating and Corporate Governance Committee
Mark M. Malcolm Director
James N. Mattis Director
C. Howard Nye Director and Chair, Audit Committee
Robert K. Steel Director and Chair, Sustainability Committee
Catherine B. Reynolds Director and Chair, Finance and Benefit Plans Committee
Laura J. Schumacher Director and Chair, Compensation Committee
John G. Stratton Director
Peter A. Wall Director

Current as of December 2022.[64]

4.
Location: Add Carbon emissions after the Acquisitions timeline section

Reason and Request: The article lacks content about the company's carbon emissions data. The content is modeled after the content on other similar F500 company articles on Wikipedia.

Proposed Carbon emissions Section

Carbon emissions

edit

General Dynamics reported Total CO2e emissions (Direct + Indirect) for the 2021 at 696,118 mt (-8.7% year over year) and aims to reducing greenhouse gas emissions 40% by 2034. The company is on track to become Carbon neutral before 2060.[65]

Company annual total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)

General Dynamics's annual total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in Metric Tons)[66]
2014 2015 2016 2017 2018 2019 2020
901,666 817,293 821,773 784,264 794,161 762,200 696,118


5.
Location: Add Company Demographics after Carbon emissions section

Reason and Request: The article lacks content about the company's demographics data.

Proposed Company Demographics section

Company Demographics

edit

In 2021, General Dynamics U.S. workforce was 21% veterans, 23% female, and 27% people of color. The US Department of Labor awarded the company the 2021 HIRE Vets Gold Award.[67]

The company has 26 Employee Resource Groups serving 10 employee segments.[68]

Approximately 20% of the company's employees are represented by labor unions such as International Association of Machinists and Aerospace Workers (IAM), The International Union, United Automobile, Aerospace, and Agricultural Implement Workers of America (UAW).[69]

Independent research published by American Association of People with Disabilities (AAPD), U.S. Department of Labor, Military Times, U.S. Veterans Magazine, Professional Women's Magazine, Forbes, and Fortune Magazine selected General Dynamics as a top employer. [70]

General Dynamics' community contributions in 2021 were 70% in Education & Social Services, 18% in Arts & Culture, and 12% in Service Member Support.[71]

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