General Dynamics appoints Schmid as Senior Vice President for Government Relations and Communications

Rhea-AI Summary

General Dynamics (NYSE:GD) has appointed Elizabeth L. Schmid as the senior vice president for Government Relations and Communications. Schmid, who has been with the company since 2015, previously served as vice president for Government Relations since 2018. She succeeds Phebe N. Novakovic, chairman and CEO, who highlighted Schmid's significant contributions to the company. Schmid's prior roles include vice president for National Security and Acquisition Policy at the Aerospace Industries Association and positions within the Senate Defense Appropriations Subcommittee and the Office of the Secretary of Defense. General Dynamics, a global aerospace and defense company, employs over 100,000 people and reported $42.3 billion in revenue for 2023.

Positive

• Elizabeth L. Schmid's appointment reflects strong internal leadership and continuity.
• General Dynamics' strategic focus on enhancing government relations and communications.
• The company reported significant revenue of $42.3 billion in 2023.
• General Dynamics employs over 100,000 people globally, indicating robust operational scale.

Negative

• The press release does not provide specific strategic initiatives or financial improvements related to the new appointment.
• General Dynamics faces a high level of dependency on government contracts, which can be subject to political and budgetary changes.

RESTON, Va., June 6, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Elizabeth L. Schmid has been appointed as senior vice president for Government Relations and Communications.

"Betsy is assuming a greater leadership role, which reflects her strong contribution to our company," said Phebe N. Novakovic, chairman and chief executive officer.

Schmid joined General Dynamics in 2015 and has served as vice president for Government Relations since 2018. She previously served as vice president for National Security and Acquisition Policy at the Aerospace Industries Association, as a professional staff member and staff director for the Senate Defense Appropriations Subcommittee, and as a Presidential Management Fellow in the Office of the Secretary of Defense.

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $42.3 billion in revenue in 2023. More information is available at www.gd.com.

 

 

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SOURCE General Dynamics

FAQ

Who has General Dynamics appointed as senior vice president for Government Relations and Communications?

Elizabeth L. Schmid has been appointed as the senior vice president for Government Relations and Communications at General Dynamics.

When did Elizabeth L. Schmid join General Dynamics?

Elizabeth L. Schmid joined General Dynamics in 2015.

What was Elizabeth L. Schmid's previous role at General Dynamics?

She served as vice president for Government Relations since 2018.

What is the revenue reported by General Dynamics in 2023?

General Dynamics reported $42.3 billion in revenue for 2023.

How many employees does General Dynamics have?

General Dynamics employs over 100,000 people worldwide.