Form 8-K · Current Report · Filed 2024-12-16
Consulting Agreement Extended for Former Executive
On December 12, 2024, General Dynamics Corporation amended the consulting agreement with Mark C.
- Filer
- General Dynamics Corporation GD · NYSE
- Filed
- Accession
- 0000040533-24-000047
- CIK
- 0000040533
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Details
Roualet, its former Executive Vice President of Combat Systems, extending the term through June 30, 2025. The amendment maintains the original terms, including a monthly payment of $36,500.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$263.11
Next session
+0.8%
Since filing
+45.7%
Latest close
$383.42
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Precedent
Previous filings from GD reporting the same item, with the next session's move:
About General Dynamics Corporation
General Dynamics Corporation is a prominent American aerospace and defense company renowned for its diverse offerings across multiple segments. It primarily focuses on providing services and products to both commercial and government sectors, including high-tech combat vehicles, aviation systems, and advanced weaponry. The corporation is especially noted for its work in the land, sea, air, and cyber domains, creating capabilities that enhance national security. General Dynamics has a significant impact on industries like defense contracting and aviation, where it offers mission-critical technology and support services. With divisions including Marine Systems, responsible for building submarines and surface ships; Combat Systems, producing land combat vehicles; and Aerospace, which includes the operation of Gulfstream Aerospace Corporation, the company plays a critical role in advancing military technologies and luxury aviation. Within the financial markets, General Dynamics holds substantial significance owing to its strong governmental contracts and enduring presence in defense markets, making it a pivotal player in industries linked to national and international security and innovation in aerospace engineering.
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