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General Dynamics: Difference between revisions

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Hopkins fell seriously ill in 1957 and was eventually replaced by Frank Pace later that year.<ref name="centennial_GD" /> Meanwhile, John Naish succeeded Joseph McNarney as president of Convair. Chicago industrialist [[Henry Crown]] became the company's largest shareholder and merged his [[Material Service Corporation]] with GD in 1959.<ref name="henrycrown">{{Cite book |first=Stewart |last=Alsop |title=America's Big New Rich |date=July 17, 1965 |publisher=The Saturday Evening Post}}</ref>
Hopkins fell seriously ill in 1957 and was eventually replaced by Frank Pace later that year.<ref name="centennial_GD" /> Meanwhile, John Naish succeeded Joseph McNarney as president of Convair. Chicago industrialist [[Henry Crown]] became the company's largest shareholder and merged his [[Material Service Corporation]] with GD in 1959.<ref name="henrycrown">{{Cite book |first=Stewart |last=Alsop |title=America's Big New Rich |date=July 17, 1965 |publisher=The Saturday Evening Post}}</ref>


GD subsequently reorganized into Eastern Group in [[New York City]] and Western Group in [[San Diego]], [[California]], with the latter taking over all of the aerospace activities and dropping the Convair brand name from its aircraft in the process.<ref name="history2">{{cite book |author=Donald M. Pattillo |date=2001 |publisher=University of Michigan Press|title=Pushing the Envelope: The American Aircraft Industry |url=https://books.google.com/books?id=shwtKbTbEuEC&q=general+dynamics+reorganize+western+eastern+group&pg=PA225|pages=225, 226 |isbn=0472086715 |access-date=April 20, 2020}}</ref>
GD subsequently reorganized into Eastern Group in New York City and Western Group in [[San Diego]], [[California]], with the latter taking over all of the aerospace activities and dropping the Convair brand name from its aircraft in the process.<ref name="history2">{{cite book |author=Donald M. Pattillo |date=2001 |publisher=University of Michigan Press|title=Pushing the Envelope: The American Aircraft Industry |url=https://books.google.com/books?id=shwtKbTbEuEC&q=general+dynamics+reorganize+western+eastern+group&pg=PA225|pages=225, 226 |isbn=0472086715 |access-date=April 20, 2020}}</ref>


Frank Pace retired under pressure in 1962 and Roger Lewis, former Assistant Secretary of the Air Force and [[Pan American Airways]] CEO, was brought in as CEO. The company recovered, then fell back into the same struggles. In 1970, the board brought in [[McDonnell Douglas]] president [[David S. Lewis Jr.|Dave Lewis]] (no relation) as chairman and CEO, who served until retiring in 1985.<ref name="history1" />
Frank Pace retired under pressure in 1962 and Roger Lewis, former Assistant Secretary of the Air Force and [[Pan American Airways]] CEO, was brought in as CEO. The company recovered, then fell back into the same struggles. In 1970, the board brought in [[McDonnell Douglas]] president [[David S. Lewis Jr.|Dave Lewis]] (no relation) as chairman and CEO, who served until retiring in 1985.<ref name="history1" />
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|[[CSRA Inc.|CSRA]] Inc.<ref name="USA T2018">{{cite news |url=https://www.usatoday.com/story/money/business/2018/02/12/general-dynamics-buying-csra-6-8-billion/328387002/ |title=General Dynamics buying CSRA for about $6.8 billion|author=The Associated Press|author-link=The Associated Press|work=[[USA Today]] |location=[[McLean, Virginia]] |date=February 12, 2018 |access-date=February 12, 2018}}</ref><ref name="CNBC 2018">{{cite news |url=https://www.cnbc.com/2018/02/12/general-dynamics-to-buy-csra-for-9-point-6-billion-in-cash.html |title=General Dynamics to buy government IT contractor CSRA for $6.8 billion |agency=Reuters |work=[[CNBC]] |publisher=[[NBCUniversal Television Group#NBCUniversal News Group|NBCUniversal News Group]] |location=[[Englewood Cliffs, New Jersey]] |date=February 12, 2018 |access-date=February 12, 2018}}</ref><ref name="TWSJ 2018">{{cite news |url=https://www.wsj.com/articles/general-dynamics-buying-csra-for-6-8-billion-1518436856 |title=General Dynamics Buying CSRA for $6.8 Billion |first1=Doug |last1=Cameron |first2=Cara |last2=Lombardo |work=The Wall Street Journal |location=[[New York City]] |date=February 12, 2018 |access-date=February 12, 2018}}</ref>
|[[CSRA Inc.|CSRA]] Inc.<ref name="USA T2018">{{cite news |url=https://www.usatoday.com/story/money/business/2018/02/12/general-dynamics-buying-csra-6-8-billion/328387002/ |title=General Dynamics buying CSRA for about $6.8 billion|author=The Associated Press|author-link=The Associated Press|work=[[USA Today]] |location=[[McLean, Virginia]] |date=February 12, 2018 |access-date=February 12, 2018}}</ref><ref name="CNBC 2018">{{cite news |url=https://www.cnbc.com/2018/02/12/general-dynamics-to-buy-csra-for-9-point-6-billion-in-cash.html |title=General Dynamics to buy government IT contractor CSRA for $6.8 billion |agency=Reuters |work=[[CNBC]] |publisher=[[NBCUniversal Television Group#NBCUniversal News Group|NBCUniversal News Group]] |location=[[Englewood Cliffs, New Jersey]] |date=February 12, 2018 |access-date=February 12, 2018}}</ref><ref name="TWSJ 2018">{{cite news |url=https://www.wsj.com/articles/general-dynamics-buying-csra-for-6-8-billion-1518436856 |title=General Dynamics Buying CSRA for $6.8 Billion |first1=Doug |last1=Cameron |first2=Cara |last2=Lombardo |work=The Wall Street Journal |location=New York City |date=February 12, 2018 |access-date=February 12, 2018}}</ref>
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