Business

November 20, 2013

General Dynamics board Elects Aiken to be CFO; Redd to retire at year-end

The board of directors of General Dynamics has elected Jason W. Aiken to be senior vice president and chief financial officer of the corporation, effective Jan. 1, 2014, to succeed L. Hugh Redd II, who has informed the company of his intention to retire.

Aiken is the senior vice president and chief financial officer of Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics.

In announcing the board’s action, Phebe N. Novakovic, chairman and chief executive officer, said, “Hugh Redd has had a distinguished career of service at General Dynamics, beginning as a financial analyst in 1986 and steadily rising through the financial-management organization before becoming CFO of the company in 2006.  He is also a leader in the industry and in the community. Hugh has been a valued and trusted advisor, and we wish him well in his retirement.

“Jason Aiken, who previously served as controller of General Dynamics, has played a pivotal role in directing the financial management of Gulfstream.  He is attuned to the requirements of a fast-paced, global business operation, and we look forward to his continued contributions as part of the corporation’s senior management team,” Novakovic said.

Aiken, 41, has been senior vice president and CFO of Gulfstream since September 2011, responsible for providing financial services and support to all Gulfstream operations. Previously, as vice president and controller of General Dynamics, he was responsible for the company’s accounting, financial reporting, government finance and corporate financial systems. He also had been staff vice president of accounting, responsible for financial accounting and reporting functions. Aiken joined General Dynamics in June 2002 as director of consolidation accounting. Aiken is a certified public accountant and has a master’s of business administration from Northwestern University and a bachelor’s of science in business administration and accounting from Washington and Lee University.




All of this week's top headlines to your email every Friday.


 
 

 
U.S. Chamber of Commerce photograph

Boeing, Embraer to collaborate on ecoDemonstrator technology tests

U.S. Chamber of Commerce photograph Frederico Curado, president & CEO of Embraer, and Marc Allen, president of Boeing International, at the Brazil-U.S. Business Summit in Washington, D.C. The event occurred during an offici...
 
 
LM-Legion

Lockheed Martin’s Legion Pod™ takes to skies

Lockheed Martin photograph by Randy Crites Lockheed Martin’s Legion Pod recently completed its first flight test, successfully tracking multiple airborne targets while flying on an F-16 in Fort Worth, Texas. Legion Pod was in...
 
 

Raytheon wins U.S. Army contract award

Will provide R&D for ground vehicles, ground robotics The U.S. Army Contracting Command ñ Warren recently awarded Raytheon the TACOM Strategic Service Solutions indefinite delivery/indefinite quantity contract. The five-year multiple-award vehicle has a ceiling value of $634 million. The agreement covers future work on sensors, fire control systems, active protection systems, and robotics...
 

 

Lockheed Martin’s EW pod delivers proven ability to protect, control electromagnetic spectrum

Lockheed Martin is testing an electronic warfare pod in the company’s advanced anechoic chamber. The pod is designed to fit a variety of platforms, and is a self-contained electronic warfare package, encompassing an entire suite of capabilities in one unit.  Electronic warfare is the art and science of controlling the electromagnetic spectrum—from jamming enemy communications...
 
 
Northrop Grumman photograph

Northrop, Navy successfully conduct E-2D Advanced Hawkeye aerial refueling CDR

Northrop Grumman photograph An E-2C test aircraft assigned to Air Test and Evaluation Squadron (VX) 20 conducts an aerial refueling dry-plug engagement with an F/A-18. Northrop Grumman along with the U.S. Navy have successfully...
 
 

Northrop, Navy celebrate legacy of EA-6B Prowler

Northrop Grumman photograph by Edgar Mills The U.S. Navy’s last operational EA-6B Prowler, designed and built by Northrop Grumman, lifts off from Naval Air Station Whidbey Island, Wash. in a ceremonial fly-away June 27 from its long time operational base. The Navy is retiring the Prowler after nearly 45 years of service.   The U.S....
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>