General Dynamics

Some of the key events about General Dynamics

• 1899

  Founded as Electric Boat Company to build submarines for the U.S. Navy
• 1952

  Convicted of price fixing and bid rigging on government contracts
• 1954

  Launched the USS Nautilus, the world's first nuclear-powered submarine
• 1962

  Developed the Quincy shipyard to build surface ships for the U.S. Navy
• 1967

  Produced the F-111 Aardvark, a pioneering variable-sweep wing fighter-bomber
• 1982

  Introduced the M1 Abrams main battle tank, still in service today
• 1985

  Charged $676 million by the U.S. government for fraudulent billing practices
• 1990

  Paid $8 million to settle allegations of defective parts in military aircraft
• 1991

  Developed the F-16 Fighting Falcon, one of the most successful fighter jets in history
• 1995

  Fined $20 million for illegal export of classified defense drawings to Japan
• 1999

  Acquired Gulfstream Aerospace, expanding into business jet manufacturing
• 2001

  Agreed to pay $45 million to settle claims of overbilling the U.S. Navy
• 2003

  Launched the Virginia-class submarine program, enhancing naval capabilities
• 2008

  Introduced the Stryker armored fighting vehicle, improving military mobility
• 2009

  Paid $4 million to resolve allegations of submitting false claims on government contracts
• 2011

  Settled a lawsuit for $4 million over allegations of overbilling the government
• 2014

  Paid $4 million to resolve False Claims Act allegations related to a contract with the U.S. Army
• 2015

  Agreed to pay $25.5 million to settle allegations of fraudulently billing for defective parts
• 2018

  Awarded contract to build Columbia-class ballistic missile submarines for the U.S. Navy
• 2019

  Paid $14.4 million to settle allegations of providing substandard workmanship on submarines

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.