Quote:
Originally Posted by gardnet1
Quick! Let's ready a bailout plan for Gulfstream and the corporate jet industry! Just take a billion from the automakers loan program.
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FYI: Gulfstream, among others, was purchased by General Dynamics, which is in no need of a bailout. Their list of aquisitions:
1899 - Electric Boat was established.
1946 - Canadair purchased from the Canadian government.
1952 - Electric Boat became General Dynamics.
1953 - Convair merged with General Dynamics.
1959 - Henry Crown acquires company and becomes majority shareholder.
1962-1963 - Convair-produced Mercury-Atlas rockets launches four manned Mercury missions into low Earth orbit, including John Glenn.
1971-1985 David S. Lewis, Jr., was chairman and chief executive officer. During his tenure, General Dynamics’ revenues and earnings quadrupled.
1982 - Formed General Dynamics Land Systems after the acquisition of Chrysler's combat systems.
1995 - Acquired Bath Iron Works from Prudential Insurance.
1996 - Acquired Teledyne Vehicle Systems.
1997 - Acquired Lockheed Martin Defense Systems and Lockheed Martin Armament Systems.
1997 - Acquired Advanced Technology Systems, formerly an operating unit of Lucent Technologies.
1997 - Acquired Computing Devices International, formerly a division of Ceridian Corporation.
1998 - Acquired National Steel and Shipbuilding Company.
1999 - Acquired Gulfstream Aerospace from Forstmann Little.
1999 - Acquired GTE Government Systems, Communication Systems, Electronic Systems and Worldwide Telecommunication Systems Divisions.
2001 - Acquired Galaxy Aerospace Company from Israeli Aircraft Industries (IAI)
2001 - GD Decision Systems formed (and later merged with General Dynamics C4 Systems) after acquisition of Motorola's Integrated Information Systems Group.
2002 - Acquired Advanced Technical Products.
2003 - Acquired GM Defense from General Motors.
2003 - Acquired Steyr Daimler Puch Spezialfahrzeug (SSF) from an Austrian investor group, which bought the company in 1998 from the Steyr-Daimler-Puch-conglomerate. SSF is now part of "General Dynamics European Land Combat Systems" which includes also the Spanish Santa Bárbara Sistemas and the Swiss MOWAG, and has its headquarters in Vienna, Austria.
2003 - Acquired Veridian and Digital Systems Resources.
2003 - Acquired Datron's Intercontinental Manufacturing Company (IMCO) Unit.
2004 - Acquired Spectrum Astro.
2005 - Acquired MAYA Viz Ltd, the primary developer of the US Army's Command Post of the Future software into General Dynamics C4 Systems.
2005 - Acquired Tadpole Computer.
2005 - Acquired Itronix.
2006 - Acquired FC Business Systems.
2006 - Acquired Anteon International.
2007 - Acquired Mediaware International.[6]
2008 - Acquired ViPS, Inc.[7]
2008 - Acquired Jet Aviation.[8]