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04/16/16 10:16 AM

#103 RE: Jerry70 #102

General Dynamics Appoints Gezen as President of General Dynamics Ordnance and Tactical Systems; Wilson to Retire

FALLS CHURCH, Va., April 15, 2016 /PRNewswire/ -- General Dynamics (NYSE: GD) today announced that Firat H. Gezen has been elected a vice president of the corporation and appointed as president of General Dynamics Ordnance and Tactical Systems, effective May 1, 2016, following the retirement of Michael S. Wilson. Gezen will report to Mark C. Roualet, executive vice president of the company's Combat Systems group.

"Firat has been an instrumental part of the management team at Ordnance and Tactical Systems and he has a deep understanding of our customers, operations and offerings," Roualet said. "I am confident that with his leadership, we will continue to deliver quality products for our customers around the world."

In announcing the retirement of Wilson, Roualet said, "Mike has been a visionary and dedicated leader of this business for nearly five decades. He instituted a shared commitment to safety and continuous improvement, encouraging all employees to find ways to do things safer and better. Mike made a tremendous difference for General Dynamics and we wish him well."

Gezen, 44, has been the chief operating officer of General Dynamics Ordnance and Tactical Systems since March 2015. Previously, he was vice president of finance and chief financial officer, from 2011 to 2015, and chief financial officer for General Dynamics Ordnance and Tactical Systems-Canada, from 2007 to 2011. He joined the Ordnance and Tactical Systems organization in 1998. He has also worked for various General Dynamics businesses around the world. Gezen holds a bachelor's degree from METU, a master's from the University of Washington and a Master of Business Administration from Northwestern University.

General Dynamics Ordnance and Tactical Systems designs, develops and produces a comprehensive array of munitions weapons and tactical systems. More information is available at http://www.gd-ots.com.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/general-dynamics-appoints-gezen-as-president-of-general-dynamics-ordnance-and-tactical-systems-wilson-to-retire-300252173.html

SOURCE General Dynamics

GALGO

04/25/16 10:42 AM

#104 RE: Jerry70 #102

$$$NEOT TIME TO TAKE BACK PROFIT!!!!

Jerry70

04/25/16 11:01 PM

#105 RE: Jerry70 #102

$ GD. General Dynamics NASSCO Christens Second ECO Class Product Carrier for American Petroleum Tankers


SAN DIEGO, April 25, 2016 /PRNewswire/ -- On Saturday, April 23, General Dynamics NASSCO hosted a christening ceremony for the second ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego. U.S. Representative Scott Peters spoke at the ceremony, and the ship's sponsor, Mrs. Trang Cormack, christened the ship with the traditional break of a champagne bottle alongside the ship.

General Dynamics NASSCO Christens Second ECO Class Product Carrier for American Petroleum Tankers: On Saturday, April 23, General Dynamics NASSCO hosted a christening ceremony for the second ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego. U.S. Representative Scott Peters spoke at the ceremony, and the ship's sponsor, Mrs. Trang Cormack, christened the ship with the traditional break of a champagne bottle alongside the ship.

The ECO Class tanker, the Magnolia State, is the second of a five-tanker contract between NASSCO and APT, which calls for the design and construction of five 50,000 deadweight ton, LNG-conversion-ready product carriers with a 330,000 barrel cargo capacity. The 610-foot-long tankers are equipped with a new "ECO" design which will provide a very significant improvement in fuel efficiency. Upon delivery, the Magnolia State will join the ranks as one of the most fuel-efficient and environmentally friendly tankers in the world.

"The revolutionary ECO Class provides our customers with an alternative option for transporting product that is cost-effective and friendly to the environment," said Fred Harris, president of General Dynamics NASSCO. "Like the Magnolia State, each ship designed and constructed at NASSCO is built with pride and ownership. Our shipbuilders know they're not just building a product tanker – they're building a vessel that helps fuel our economy."

"We look forward to taking delivery of our second ECO Class tanker from NASSCO. This is another example of American Petroleum Tanker's commitment to building our fleet and servicing our customers. And we thank NASSCO for their continued support which paved the way for this important milestone to be achieved," said Robert Kurz, vice president of Kinder Morgan Terminals and president of American Petroleum Tankers, a Kinder Morgan, Inc. subsidiary.

In December 2014, Representative Peters signaled the start of construction of the Magnolia State. In June 2015, California State Assemblywoman and former Speaker Toni Atkins, laid the keel.

"San Diego's shipbuilding industry currently supports as many as 14,000 local jobs," said U.S. Representative Scott Peters. "Part of this is due to the Navy's rebalance to the Pacific, but it's also due to significant private contracts such as this one. The Magnolia State created good jobs for San Diegans and will provide a safe, more efficient, and cleaner way transport fuel across the ocean. It was an honor to be present at the start of is construction, and it's an honor to see her off."

The construction and operation of the new ECO Class tankers are aligned with the Jones Act, requiring that ships carrying cargo between U.S. ports be built in U.S. shipyards, further protecting hundreds of thousands of American jobs and almost $100 billion in annual economic impact as a result of the domestic American maritime industry.

The Magnolia State, along with others in the ECO Class, are the first in the Jones Act fleet to obtain a PMA+ Notation, representing compliance with one of the highest standards of human factors in engineering design. The PMA+ notation is created to facilitate safe access to vessel structure and spaces in ways that are rooted in the fundamentals of human ergonomics.

The ships were designed by DSEC, a subsidiary of Daewoo Shipbuilding & Marine Engineering (DSME) of Busan, South Korea. The design incorporates improved fuel efficiency concepts through several features, including a G-series MAN ME slow-speed main engine and an optimized hull form. The tankers will also have dual-fuel-capable auxiliary engines and the ability to accommodate future installation of an LNG fuel-gas system.

For more information about General Dynamics NASSCO, a business unit of General Dynamics (NYSE: GD), visit www.nassco.com.