General Dynamics 2015 Annual Report Download - page 8

Download and view the complete annual report

Please find page 8 of the 2015 General Dynamics annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

to achieve a more than 50-percent reduction in greenhouse gas
emissions on a lifecycle basis, relative to petroleum-based jet fuel.
Gulfstream designs, develops and manufactures aircraft in
Savannah, including manufacturing all large-cabin models. The mid-
cabin models are constructed by a non-U.S. partner. All models are
outfitted in the group’s U.S. facilities. In support of Gulfstream’s
growing aircraft portfolio and international customer base, we have
invested in multi-year facilities projects at our Savannah campus,
which are scheduled to continue through 2017. This expansion
consists of constructing new facilities, including the completed
purpose-built G500 and G600 manufacturing facilities, and renovating
existing infrastructure. This effort follows earlier projects including a
purpose-built G650 manufacturing facility, increased aircraft-service
capacity, an improved customer sales and design center and a state-
of-the-art paint facility.
The group offers extensive support for the over 2,500 Gulfstream
aircraft in service with the largest factory-owned service network in the
business aviation industry, including professionals located around the
globe. The service network for Gulfstream aircraft continues to evolve
to address the demands of the group’s growing international customer
base. We operate 11 company-owned service centers worldwide and
have more than 20 factory-authorized service centers and authorized
warranty facilities on six continents. We also operate a 24-hour-per-
day/365-day-per-year Customer Contact Center and offer on-call
Gulfstream aircraft technicians ready to deploy for urgent customer-
service requirements in the Americas. This commitment to superior
product support continues to receive industry recognition, including the
number-one ranking for the 13th consecutive year in the annual
Aviation International News Product Support Survey.
Jet Aviation expands our Aerospace portfolio as a global leader in
business aviation services, providing comprehensive services and a
network of facilities to aircraft owners and operators. With employees
across more than 25 airport facilities throughout Europe, the Middle
East, Asia and North America, our service offerings include
maintenance, repair, aircraft management, charter, fixed-base
operations (FBO) and staffing services. We recently expanded our
service network in Europe and the Bahamas, began construction on a
major FBO expansion in Bedford, Massachusetts, and are on schedule
to have a new maintenance facility in Macau operational in 2016.
In addition to these capabilities, Jet Aviation has nearly 40 years of
experience offering custom complex completions for business-jet and
single- and double-aisle aircraft from its Basel, Switzerland, and St.
Louis, Missouri, operations. To support the increasing demand for
corporate and VIP aircraft interiors and our growing backlog, we
recently expanded our production capacity at the Basel facility.
As a market leader in the business-aviation industry, the Aerospace
group is focused on developing innovative first-to-market technologies
and products; providing exemplary and timely service to customers
globally; and driving efficiencies and reducing costs in the aircraft
production, outfitting and service processes.
Revenue for the Aerospace group was 28 percent of our consolidated
revenue in 2015 and 2014 and 26 percent in 2013. Revenue by major
products and services was as follows:
Year Ended December 31 2015 2014 2013
Aircraft manufacturing, outfitting
and completions $ 7,156 $ 6,983 $ 6,378
Aircraft services 1,584 1,599 1,530
Pre-owned aircraft 111 67 210
Total Aerospace $ 8,851 $ 8,649 $ 8,118
COMBAT SYSTEMS
Our Combat Systems group offers a full-spectrum of combat vehicles,
weapons systems and munitions for the United States and its allies
around the world. We take a disciplined systems engineering approach
to deliver market-leading design, development, production,
modernization and sustainment services. Our extensive, diverse and
proven product lines give us the agility to deliver tailored solutions that
meet a wide array of customer mission needs. Comprised of three
business units, European Land Systems, Land Systems and Ordnance
and Tactical Systems, the group’s product lines include:
wheeled combat and tactical vehicles;
main battle tanks and tracked combat vehicles;
weapons systems, armament and munitions; and
maintenance and logistics support and sustainment services.
Wheeled combat and tactical vehicles: The eight-wheeled, medium-
weight Stryker combat vehicle, which has 10 variants, has proven itself
as one of the most versatile vehicles in the U.S. Army’s fleet, combining
survivability and maneuverability into a deployable and responsive
combat support vehicle. The Army is planning to convert all nine of its
Stryker Brigade Combat Teams to the double-V-hulled configuration,
which significantly improves protection for soldiers from threats such as
improvised explosive devices (IEDs). In response to customer needs
driven by a dynamic threat environment, we are working with the Army to
increase the lethality of the Stryker vehicle with the addition of a 30-
millimeter gun system.
The group has a market-leading position in light armored vehicles
(LAVs) with more than 10,000 vehicles delivered around the world. We
offer advanced technologies combined with combat-proven survivability.
We currently have a $10 billion contract to provide wheeled armored
vehicles along with associated logistics support to a Middle Eastern
customer through 2028.
4 General Dynamics Annual Report 2015