In February 1982 Chrysler announced the sale of Chrysler Defense, its profitable defense subsidiary to General Dynamics for US$348.5 million. The sale was completed in March 1982 for the revised figure of US$336.1 million. General Dynamics renamed the division General Dynamics Land Systems. In 2003 they purchased GM Defense from General Motors as well. It is now a major supplier of armored vehicles of all types, including the M1 Abrams, LAV-25, Stryker, and a wide variety of vehicles based on these chassis. It operates the Lima Army Tank Plant and GDAO (General Dynamics Anniston Operations) in Anniston, Alabama.
European Subsidiaries:
- European Land Systems
- MOWAG
- Santa Bárbara Sistemas
Famous quotes containing the words general, dynamics, land and/or systems:
“A bill of rights is what the people are entitled to against every government on earth, general or particular, and what no just government should refuse, or rest on inference.”
—Thomas Jefferson (1743–1826)
“Anytime we react to behavior in our children that we dislike in ourselves, we need to proceed with extreme caution. The dynamics of everyday family life also have a way of repeating themselves.”
—Cathy Rindner Tempelsman (20th century)
“The land cannot be cleansed of the blood that is shed therein, but by the blood of him that shed it.”
—Bible: Hebrew Numbers 35:33.
“No civilization ... would ever have been possible without a framework of stability, to provide the wherein for the flux of change. Foremost among the stabilizing factors, more enduring than customs, manners and traditions, are the legal systems that regulate our life in the world and our daily affairs with each other.”
—Hannah Arendt (1906–1975)