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GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10 billion in revenue, an increase of 8.7% year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics earns $3.2B in 2020

PROVIDENCE – General Dynamics Corp. earned a profit of $3.2 billion in 2020, a 9.1% decline year over year, the company reported Wednesday. Earnings per...

General Dynamics CEO: Electric Boat jobs present a long-term, career-length opportunity...

PROVIDENCE — Phebe Novakovic, chairman and CEO of General Dynamics Corp., praised the public-private partnership it has with Rhode Island in training employees for...
GENERAL DYNAMICS earned a profit of $625 million in the second quarter of 2020. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics reports $625M profit in Q2

NORTH KINGSTOWN – General Dynamics reported a $625 million profit in the second quarter, or $2.18 per diluted share, the company said on Wednesday. The...
THE U.S. NAVY has announced a proposed contract with General Dynamics Electric Boat for $9.5 billion to build the first two next-generation Columbia-class submarines. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

Navy awards $9.5B submarine contract to Electric Boat

GROTON, Conn. (AP) – The Navy has announced a proposed $9.5 billion contract with General Dynamics' Electric Boat to build the first two submarines...
GENERAL DYNAMICS Electric Boat has reached a multi-year multibillion contract with the U.S. Navy to build nine new Virginia-class submarines, with an option to build a tenth submarine. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics gets a multibillion-dollar Navy submarine deal

WASHINGTON – The U.S. Navy has reached an agreement with General Dynamics Corp. on a multibillion-dollar deal to buy the next batch of Virginia-class...

President of Electric Boat to retire Sept. 30

NORTH KINGSTOWN – Jeffrey S. Geiger will retire Sept. 30 as president of General Dynamics Electric Boat, Rhode Island’s largest defense contractor. The company’s president...
GENERAL DYNAMICS CORP. reported a profit of $745 million in the first quarter. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics profit falls in Q1 to $745M

PROVIDENCE – General Dynamics Corp. reported a profit of $745 million in the first quarter of 2019, a 6.8% decline from $799 one year...
GENERAL DYNAMICS reported a profit of $3.3 billion in 2018, with its Marine Systems segment, which includes General Dynamics Electric Boat, posting operating profit of $761 million for the year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics reports $3.3B profit in 2018

NORTH KINGSTOWN – General Dynamics reported a profit of $3.35 billion in 2018, a 14.9 percent increase from $2.9 billion in 2017, the company...
Beyond the average
A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

Out of the 19 public companies that are based in or have significant ­operations within Rhode Island and have filed proxy statements recently, 14...
GENERAL DYNAMICS credited work on the Virginia Class submarine as one of the reasons its first-quarter revenue increased this year. / COURTESY ELECTRIC BOAT

General Dynamics reports $799M Q1 profit

NORTH KINGSTOWN – General Dynamics, parent organization of Electric Boat Corp., reported earnings of $799 million for the first quarter of 2018 on Thursday. The...

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