0001193125-14-017450.txt : 20140122 0001193125-14-017450.hdr.sgml : 20140122 20140122171432 ACCESSION NUMBER: 0001193125-14-017450 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140122 ITEM INFORMATION: Other Events FILED AS OF DATE: 20140122 DATE AS OF CHANGE: 20140122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL DYNAMICS CORP CENTRAL INDEX KEY: 0000040533 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] IRS NUMBER: 131673581 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03671 FILM NUMBER: 14540909 BUSINESS ADDRESS: STREET 1: 2941 FAIRVIEW PARK DRIVE STREET 2: SUITE 100 CITY: FALLS CHURCH STATE: VA ZIP: 22042-4513 BUSINESS PHONE: 7038763000 MAIL ADDRESS: STREET 1: 2941 FAIRVIEW PARK DRIVE STREET 2: SUITE 100 CITY: FALLS CHURCH STATE: VA ZIP: 22042-4513 8-K 1 d664289d8k.htm FORM 8-K Form 8-K

 

 

 

LOGO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) January 22, 2014 (January 22, 2014)

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

2941 Fairview Park Drive, Suite 100, Falls Church, Virginia   22042-4513
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events.

On January 22, 2014, General Dynamics Corporation entered into an accelerated share repurchase agreement with a financial institution to repurchase 11.4 million shares of General Dynamics common stock, pursuant to the company’s previously announced share repurchase program. The estimated value of the repurchase transaction is approximately $1.1 billion.

Under the agreement, General Dynamics will immediately purchase shares from a financial institution, who will purchase an equivalent number of shares on the open market. General Dynamics may receive, or be required to remit, a price adjustment based on a volume weighted average price of General Dynamics common stock. The ASR transaction is subject to customary terms and conditions and is expected to be completed no later than the fourth quarter of 2014.

Certain statements made in this Form 8-K may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company’s filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

 

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

GENERAL DYNAMICS CORPORATION
by  

/s/ Kimberly A. Kuryea

 

Kimberly A. Kuryea

Vice President and Controller

(Authorized Officer and Chief Accounting Officer)

Dated: January 22, 2014

 

-3-

GRAPHIC 2 g664289g96j15.jpg GRAPHIC begin 644 g664289g96j15.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`)P%O`P$1``(1`0,1`?_$`(@``0`"`@(#`0`````` M```````)"@<(!08#!`L"`0$`````````````````````$```!@("`0,"`@4' M!!,````!`@,$!08'"``)$1(3"B$4,18B%1?7&D%1,I276%EA(R09D:&QT4*2 M4[-TM=66)U=W&'@Y.A$!`````````````````````/_:``P#`0`"$0,1`#\` MO\2L%CGYAVBPB82#AV:TA M*RLD]<&(@T8Q[)N=550X@4A"B(_0.!5)S5\Q_J^QI=Y6H8_I6R.=HN'=N&2E M_I5,JM>ITNHW5.D9Q7OSW=BWIKD%Z MXFQM3N"%#VKJW'_27:!O\VI]/Z/D(N_XUWK[_NR;;?U#$W[Q^!V&H_,ZT&N- MLJ]18:U;6MGUJL4)6V;EXRQ25HW=3DFUBT'#HR60U50;HJN@,?TE,;T@/@!' M@;U]F_R0-4^K79<-7\R86SU?+@;'=3R.$]CEM0UJ\,3;G$TV9,_58K?"2(/V MQX-050]GV_!B^DP_7P&Q_5+W@:@]N">1HC!K:\X]R5C`&DC8,4Y4:0;"V/:A M(*)M6=W@%*_,SD5,0!9(XM'7MK@X9KBF"R92+(G4#H_8#WR:W]=^X^&=+/P)+]%_D-ZN[ M[X6W.S?C/#V<:I`:28K#+60HBYMZ,G-6B#&!NL^#"HDAK9*M#R0MJ.Y)X=J- MD_<43_2\>H2A&HG\U?0%4!%/5[;I3T^/5[<;B@_I\_AY$N1A\<#VVOS4NO87 M;9.3UHV_CF2JQ2.'A8/%#I1!,1_243:FR8U^X,0/KZ04*(_S\"S%H_O1K?V' MX$A-CM7;FO<,=RTG(U]\G*1+NOV:JVF'*W/+U6U0+X/?BYN/3>(J"!3+-UD5 MDU4554CE.(8.[1.U'7#J>P;!9KV"1M5B4N-O:TJA8ZH+>*>7:YRXMS/YA>-0 MFI.(C&T16XE,7#URNX3(GZDDB^I59,A@B=U$^6+H'MALIBC6DV+]@,)SN8IY MA4ZG<\J1E$:4Q.SSZ1?RE%S#J#N,M(QZ5K?+(M6;D6YF_ON4O<,1,PJ%"TA_ MN\"`+33Y#.K^Z^_=EZ]L?X9S+"OKA;6]')1U7&%7$NWL"J"D3;)& M;%&4/#J?:"9H`CZB^X!/KX"?W@.!K9N%LU4M,]8LU[37R"L-FIN#:-)7VQP% M3)''L72)X`?)OPX%63^-=Z_/Y=8]MP\_P`[ M#$O^R'_B/^'`]^+^:OUV.9%HWE-*OA(;KCG M+%!1++RF(\L,X2,MLK4%%$FY+G5UX&9G(>>A4'BP(.R).`=,E!(*J14U$U#A ME#M([?=2^IC&]7N>P\C8K%;\@2*K#'6'L=M8V4R);T(]1N$]/)-962B8J'K% M?32UIXV M:W3+86.VMJ8[GZ-!-KJY2"K0DXB,%)J\DR**^M<@^V4?3Y'Z<#TNM[?S&G9CJM5-L\25"[4>DVZQW.M,: M]D%.%2LS=U29]U7I!=R2ORLS&@W=.FACH^EH`'Z<#77M>[H-5^HFM8 MPDL\1EYOEOR[+2C6H8UQBV@7EL4@8!`AYZXR/YBFH..85Z->.6S0#&6%5=RX M`J9#`FJ9,-,NOOY.VCO8%M%6-3*]CS.&$JII^ MGW#IM$%%SD3]0E+ZS%3$`\B`>>!3OE/FEZ`Q$O(P[K6?;,5HR2>1KA9)AB@R M8J,G2C595(#9%*0%GC6\FQ^Y0$QC-7S=-Q[3A$P^I!M5^=NKK%+.EKP52D+,V-)QE6DG5FM<$NK/A!*-GJQ$4SIHI.T MBB?W/64@9(P!\@;678?KNVE[(JMA_-\/BC5&S!5[G2YUM227RPO!;4EU]Q64 MV-J>0)VQ27EL`BY>(&\I*?3Z%]0;#]57;W@?MFQ1ES,.':-D;%U8PU=&M+LY ML$XQ1BF;!?PJ==5(2B41\>D//`BXV/\`E^=76#/*-"YZV+_+LB[BY*\8MJ=988^OO^[)MM_4,3?O'X$SV'.[_3_)?6G-]IMP;WW#FN\!/66L MNXFXQ<5*Y`>S\#:4ZI%UB-M:-N5VY%#E074B\2H*+)`80(H=`,EK>R8Y?`B7UF\?AY'@>(?FN]? M?\FL>VPC_P!!Q-^\?@6Q]8;#)U?$%]W*3RS,,LB,;W#UNR7^L8H2BH0:`-7C;$Q,X7%T"K#HJ89FBKR4/"'.W?RHO)94HN3CZQ2`A/P+ MP(?NB&"[FIC`&9S=:>OFJV8,8HY?:ER!+YZJ6))^Q1=Z-38<48Z&JZQ4?,./5!>+EQ_E>O[&V-U88&/ MDW;9L$U`NFDJU?1[L@")VCHA%/2L10H!L;\N@LT;NAQ:6MMFCRPFURU_"!:/ MTT56+J:'(N1PBV[U)R8K=1HN^]LJA5!`@D$0-]//`EN3I7RN#)I&)H]UQ"0R M28D']F>L9?)!(7T_H_G0`+^C_)X``_FX&[N(8/MEA^N[MO'LVP9K;AMHXTXR M1^R(^`:SB^O*S[E/%V4?S>6S?LYFIS">K'6K(]A!KR.,U+B:/JMPLIL7!`C<"0X*_E2F6T6I+3^M7'T6]CUB MR#T^KTF\!MEVK]\6S.?<,Y(Z^\Z]4>(-3,C9694Q)5Q>H.P1N2ZHQ?3T7-0, M[5X:WU*G&@I"74CP1;RBB@HIH**^`_$2A:6^-YH5ECJ9Z\4A,5RV1+ MI+9\MU;D9^(DHO$>.*E18Y@$C9K!"24I!C)NXR)7?O"ME52MT`2()C*`8I0I M'=A'9EAOMK[8*OE';:ZWO&_7WCJT*4FFP])@9*RVME@VL/WDFX=QE;)%J0S]X(%-&).T2"54C!,A@R_W][?]1>["V",Y=>TCDG'N=<70%7PY9*0] MQ&\Q]4I_$]-C%DL>S\?-(R1RQELQO]FC&H>"B=W'+(E]1!9)^L+KGQP.W%OV M8:>-J5D^;9J;8:SLH.D9;:'<",A>ZF5H5C1LQ$25`IU%+,@Q4:2WI$_HEVJJ M@^@CE$O`J;]`GT^3GF,1$``M[WZ$1$0```9:[A]1'_*/`^GC[B?_`"A/^,7_ M`'^!^@$!#R`@(?S@/D/]K@1*=\7_`-/'89_\;[?_`,]'\"MO\+'&^.+SK!NL MYO-!H]P78YYQ\W8.+758"P.&B*F/G*BJ#5:78.U4$3G\&$A1`HF^OCSYX%EC ML[U[ZY0T9V,<;8XSP!4,2M,8VU=:U251I5:F8"R$A7OY7D*+-MHUK+L[X2<] M@(H&!_NUG0E3*4X',00IM_"@->)?8K>6EN&:\S@J;P)437N%E6X2%5=V]QG6]].^:ZEVJ];]FF<;X MB890BYF9KL1+HL9#7C)D[,$/#,ZTF9TBO8L.WI^LJR&*.FL1@106*P*,UDP3 M#S]/76+G3Y`.RMP[3.S:\2-VP3%7DL/&5!!XBV;Y=M%1%LL.,X6&;/E?V=81 MHR:Z!'31NDF>2.L9%$P"9RX$++WR@(""JG1ML/6:Q#15=KE?D,#PT#`0<>TB M86%B(W*M,:1T7%1C!)!E'Q[!HD1)%%(A$TTR@4H```'`IS:E]#[OL*Z1X;<; M5U@^-N?B/,&9HI_2&;DI&V>\?5U_!R#.OL!KJ0ZQ#%+($_P!" M4#W!;J)APM_[T;ELITL;$=:NYKN95V3QG(8=C\,Y"G6DNI8^]3<;KLV6VYQIO3UEW;*%$S(]D<9+XQ80UUQP ME#!CS+-*E6STR:T;6J02;-;^?726OV#[*JBU,M6\QTW,,0\J(FDZ8BR>G-Y\D`.!*)T.]ZK/K:U"W`T%U*TAOFV.@7<-W5[6)N M[39)3'^3XK#+Z<;E6:6/+-TM$4OE3)D>#I1=8C.AL9$(.'`GA%!=TX*F(&9$ M`H;9=8'_`.5#N7_]7!_ZHUYX'0^I^7RC!_&M[N'^)!D$['^T"G-)EQ$G5))- M^8H^2MA4$?H`CP-[OAH8HT/O55V=F,B5[%UW MW+C[G%,H*!R1%UR?G(3!?Y>8K-YC'$-84'1DTY.V+/T9MVS(*Y"H-$UC%3,0 M%`O8?^WS7S_R0PW_`&:TG_L7@1A]UG6,]["^M_(6JF`1J6-KU$VFNY;Q;#-6 M,?6*3/7:FK2"Q:O.!%H-F<2TM3.5=(?>^V8K9X9%=0IB$,`A3WU.U*^4QHQA M]GKS@K3/$YL=UVQ629CU+A3--LC3"K^P21W\HM^;;38W4[),5W9A.W!PH84D MA`A?20I2E#@MG.SWY"O6C(XKO.]&L&KGNM^S%1JZ=(K^:<1T M^\LZ8B*9D*BM*1B02-9;*(M62*S6!DT5FJ2A$4B*)I`8I2@(!P-K.!TS(N.Z M-ERB6[&&3:I!7K'M]@).JW*G6:/0E8&R5Z9:J,I.)E&#DIDG#5TW5$!_`Q1\ M&*(&`!`*>&8_AE:V3&5+%?-:=PO'3''K:NM+LE4VSPQ3FA("WJ6J MN65Q!I&\@FF_.[<%+X`RQ^!C*3^&$A-L7$7,]G^;9>,=E*5U'2>,R/V+DI%" M*D*X:.LHJMUBD53*8`,4?!B@/XAP)3-:?CR5?7+J[W!ZT66SUAM$/MG:/S*\ MRLZQM%QTE2A%O1&YF;6L)6ATVF2&"D%'UJ/$!`7`^/'I#R$4\%\+*)J[=9I6 MNS',-=:.%@<.&L%BEM$MUW`$!,%UD6&36Z:JP)@!?48!-X#QY\<#OU.^'N]J M5OJ=K_UH>=9/\KV>OV/]6N:`J5"0_4!"17L;^._5NPCL$QKOI*;/6'&4KCB.PS'ML=1^-HRR,)(,0VQ[:D%59]U:8 MM=N,VH]%(P`V."(%]0>O\.!86R)CRC9:HMMQCDRJ0=YQ]?("3JUQJ%E8(2D% M8J_,-5&+Y#%T1/C`0L!2C>/1:%8IOE6WOG1*4ZA3J>H3! MNQV[?&SJG:YMC&[3S.UUHPM(1N+*?C)&IPN,XNUH`2HR]FED9LDRZMD(X3<. MU+()13!+PG[("!O(CX"/;^#7>_XJ&?/[/U?WJ\"4;0GX_9M)=R8_!RE,4./I05P]#&T>VH@+*Q3PR`R7YF,!O5[ M?M@B'CSZAX'.]R_1A@7N!@<8O[-$,SXLD5V\/F.M5..LTS,T*02=&DL>V M*.=R4*$E#EEE4W[%4SCW&#DJH)AZ'*X&#&^1>EW8W)W5Y5>L.S]DV0GE1A+$ MBQL&85L3QR^0+K@^';IJU/!D^)[T!EJ[`RZ:1C/#.3N'C!HW9*@*)#^X'8>N M3X[^A&BV"7V+7KHW;B=NM:MZ;[`P+&T3R75UGNMJ+G_5* M0N#J@,L[X\E:`YN;*)1G7==1E%&QSR*$0X>1Z,@HF#?P"9ET@'U?T@\<"H?! M?"PAZN@NVK/9?E^NMW2I5W2$%BAK$(.5B%$A%ETH_)KH[35.%RK)9 MC8M,C77(!+C*5AK4G0GN)HLQXL8AI+32($8C&_17W_*GK']$/`<#NG:!H;'= ME6FF2M09;)$AB=AD62I4@M=XRO-K0\C/R=;8BU$03AG.!TOJ2ZW8KJKU&::I0N59',;%ID:ZY`)<92L-:BZ,>XFC#'BQB6DM M-)>AB,;]%??\G]?]$/'`BR[5?B[:N]D&?D=D:3DQ[JID*P,'"674Z/CZ*LL# ME.>!8IV-VDHI>?KR$3;OMQ,B^=(@;]9%!-18/>*=10.'N?QL;#8NM7"G6+7] M^;M3<+XWR9D3*-^E(K$46:0S%,6VR'L=5B;)'A>4$6=?H;IRX51;%67(\=G3 M74`#MT0*&^>C?0KUZ:>ZVT?!EJU_PKLI<*^I,25NS7E_#=)G;I=YV:DW#Y5V MO^NFMA6AXN.9G19LV*3DZ**#B8)I)PTPP][WFSE!0BJ*Q"F*("'`B2ZN?C>SG M5CL7)9GQ+OK?;;2+A6;!2,GX=FL4Q,3`9$JLDQD$H$LN^8W1R1O/U"5IC8C-&?X39:?S2ZS%0G=(=5N6QU&4]"%*[ MN4=;QDTI%E9II1X?H!>!K'V9?%-P+V"[;WG:ZL;"SFNIE1$JCPBC@3"=8_`F3 MREUC8EM'5[8^KK%TP;#V+I3",=AB(M43!-YA_%)-G,;(2EL>1"S]BE+SMDEF MB[U\91R0RSIVJH)_(\".O6KX\-7URZN]P^M!EL_8K1#[:VP+4\RLZQM%QTE2 M#@TQ^T,Q:5=*T.6TRF8*&4WK4>(&`71O']`/(;(=/W2]1>J7`V?<`.,L*[(5 M+/\`<$K+94;CC^*KL<6,/3TZ;)UA]"DFK$SFXN6CR&]X%A*4Q#F()!`?/`B6 MV/\`AOZH7_,<[E/5_9C+&ID+/OG,B7&L#`-;O7ZJL]#UO&=+FW=EKUFB851P M8QDV;AP\*@0P)IG!,I2@&'?X-=[_`(J&?/[/E?WJ\"6YIT3R\?U,)]7\?NOE M-@_2RT;)Y-D6=?!%I_"$7O M_%ZV?_[M3'[WN!ZK?X:%*MEKJDAG?L?V#S!4*_(IN'M;DJ@W3DWL<*R*K^*B M;#/7NT!72RA$03571:G4`H^2AZ@`0"Y)B3%./\%XPH&&L4UIA3L;8OJ4%1J- M5HP%/LH*LUN/0C(B.1.L=5PL*#1N4#J*'.JJ?R