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U.S. Dynamics history
U.S. Dynamics company history timeline
Over the next few years, Crown continued to purchase substantial numbers of shares of voting stock, expanding his interest until he emerged in 1970 with control over the board of directors.
1976: Canadair is sold back to the Canadian government.
In October 1977, David Lewis transferred Takis Veliotis from Quincy to Groton, with instructions to reform the operation.
1982: General Dynamics purchases Chrysler's battle tank division, which becomes the Land Systems Division.
1985: Cessna Aircraft Co. is acquired.
In January 1991, William A. Anders was assigned to reorganize General Dynamics according to the new market realities.
In 1991 alone, as General Dynamics whittled away at its employee roster, Business Week reported that 25 top managers received $18 million in incentive bonuses.
Gains from divestments were rolled back to shareholders, and, by 1993, almost $600 million in debt was paid, which helped boost the company's share price.
Anders pronounced the transformation of General Dynamics complete in 1993's annual report.
1993: The Fort Worth Division is sold to Lockheed Corporation.
1995: Bath Iron Works, a major shipbuilder, is acquired.
The Information Systems unit was created out of a series of acquisitions that began in 1997.
According to Forbes, it is considered one of the top 2000 largest public companies in the world.
Early in 2001 the company acquired Primex Technologies Inc., maker of munitions, propellants, satellite propulsion systems, and electronics products, for $520 million.
Eventual production of more than 1,000 of these vehicles was projected to be worth more than $4 billion through 2014.
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U.S. Dynamics competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Excellon Automation | - | $10.0M | 60 | - |
| MACOM | 1950 | $729.6M | 1,100 | 93 |
| Aviza Technology | - | $9.9M | 30 | - |
| Endwave Corporation | 1991 | $8.6M | 50 | - |
| CalAmp | 1981 | $294.9M | 882 | 34 |
| Coin Acceptors | 1958 | $210.0M | 750 | - |
| Primarion | 1999 | $2.1M | 14 | - |
| NIITEK | - | $7.0M | 62 | - |
| Sypris Data Systems Inc | 1997 | $12.0M | 50 | - |
| Unisem Group | 1991 | $346.8M | 7 | - |
U.S. Dynamics history FAQs
Zippia gives an in-depth look into the details of U.S. Dynamics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about U.S. Dynamics. The employee data is based on information from people who have self-reported their past or current employments at U.S. Dynamics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by U.S. Dynamics. The data presented on this page does not represent the view of U.S. Dynamics and its employees or that of Zippia.
U.S. Dynamics may also be known as or be related to U.S. Dynamics, US Dynamics Corp and US Dynamics Corp.