General Dynamics is a major aerospace and defense company that offers a broad portfolio of products and services in business aviation;
combat vehicles, weapons systems and munitions; military and commercial shipbuilding; and communications and information technology.
The company employs 95,100 people globally. As an experienced incumbent on multiple core defense programs, the company's portfolio
Formed in 1952, General Dynamics has grown organically and through acquisitions until the early 1990s, when it sold nearly all of its divisions except Electric Boat and Land Systems. Starting in the mid-1990s, General Dynamics began expanding by acquiring combat vehicle-related businesses, additional shipyards, information technology product and service companies and Gulfstream Aerospace Corporation. Since 1995, General Dynamics has acquired and integrated 65 businesses to further strengthen and complement its business portfolio. General Dynamics is incorporated in Delaware with executive offices located in Falls Church, Virginia.
General Dynamics operates in four principal business segments:
The following table highlights General Dynamics' sales from 2012 to 2014 by segment:
A description of the business of each of the company's segments is set forth below.
General Dynamics' Aerospace segment designs, manufactures and outfits a comprehensive family of mid- and large-cabin business-jet aircraft,
and provides maintenance, refurbishment, outfitting and aircraft services for a variety of business-jet, narrow-body and wide-body aircraft customers globally.
The Aerospace group consists of two subsidiaries: Gulfstream and Jet Aviation.
Revenues for the Aerospace group were 28% of total revenues in 2014, 26% in 2013 and 22% in 2012
Financial results for General Dynamics' Aerospace (Gulfstream + Jet Aviation) segment were as follows:
Aircraft manufacturing, outfitting and completions revenues increased in 2014 primarily due to additional deliveries of large-cabin aircraft. Aircraft services activity was higher in 2014 due to growth in the number of aircraft in service and the resulting increased demand for maintenance work. Gulfstream experienced reduced aircraft trade-in activity in 2014 leading to lower pre-owned aircraft sales. The company had three pre-owned aircraft sales in 2014 compared to 11 in 2013, and 3 in 2012.
General Dynamics expects an increase of approximately 8% in the group's revenues in 2015 compared with 2014 as a result of Gulfstream aircraft deliveries. Operating margins are expected to be around 18%, down somewhat from 2014 primarily due to higher net R&D expenses, aircraft manufacturing mix and more pre-owned aircraft sales.
The Gulfstream product line includes aircraft across a spectrum of price and performance options in the large- and mid-cabin business-jet market.
The varying ranges, speeds and cabin dimensions are well-suited for the needs of a diverse and global customer base.
The large-cabin models are manufactured at Gulfstream's headquarters in Savannah, Georgia, while the mid-cabin models
are constructed by Israel Aerospace Industries (IAI), a non-U.S. partner. All models are outfitted at Gulfstream's U.S. facilities.
Demand for Gulfstream aircraft is strong across geographic regions and customer types, generating orders from public and private companies,
individuals and governments around the world. The Gulfstream brand is recognized globally with non-U.S. customers representing approximately
60% of the group's backlog on December 31, 2014.
In 2014, Gulfstream introduced three new large-cabin business jets, the G500, the G600 and the G650ER. The G500 and G600 are clean-sheet next-generation business jets that optimize the speed, wide-cabin comfort, efficiency and advanced safety technology of the aircraft. At Mach 0.85, the G500 can fly 5,000 nautical miles, and the G600 can fly 6,200 nautical miles. The G500 and G600 are expected to enter into service in 2018 and 2019, respectively. The G650ER is the extended-range sister-ship to the ultra-long range, ultra-large cabin G650. This new aircraft flies farther at faster speeds than any other business jet on the market and can travel 7,500 nautical miles at Mach 0.85. The first G650ER was delivered in the fourth quarter of 2014, ahead of the original 2015 estimate. In addition to the new aircraft models, current product enhancement and development efforts include initiatives in advanced avionics, composites, renewable fuels, flight-control systems, acoustics, cabin technologies and vision systems.
The group offers extensive support of the nearly 2,500 Gulfstream aircraft in service with professionals located around the globe. The service network for Gulfstream aircraft continues to evolve to address the demands of the group’s growing international customer base. Gulfstream operates 11 company-owned service centers, maintains 15 authorized warranty centers and maintenance facilities on six continents, and offers on-call Gulfstream aircraft technicians ready to deploy for urgent customer-service requirements in the Americas.
A $500 million seven-year facilities expansion project (announced in November 2010) is underway at Gulfstream's Savannah campus, including constructing new facilities, renovating existing infrastructure and expanding the group's R&D center. This investment is designed to ensure Gulfstream is well-positioned to meet future demand for business-jet aircraft and support services and includes the completed purpose-built manufacturing facilities for production of the G500 and G600. This effort follows earlier projects that included a purpose-built G650 manufacturing facility, increased aircraft-service capacity, an improved customer sales and design center and a state-of-the-art paint facility. The project is scheduled to continue through 2017.
General Dynamics has also leveraged the company's 2008 acquisition of Jet Aviation, a maintenance and repair services provider with aircraft service centers in more than 25 locations worldwide, to provide customers around the world with service and support 24 hours a day. Jet Aviation augments General Dynamics' Aerospace portfolio with completions (avionics, interior outfitting and paint) for business-jet customers, as well as custom, complex completions of single- and double-aisle aircraft requiring advanced engineering, design and manufacturing capabilities. In addition, Jet Aviation provides superior maintenance, repair, aircraft management and FBO services to a broad global customer base through a network of facilities across four continents.
The company's Combat Systems segment is a global leader in the design, development, production, support and enhancement of tracked
and wheeled military vehicles, weapons systems and munitions for the United States and its allies.
Revenues for the Combat Systems group were 18% of total revenues in 2014, 19% in 2013 and 24% in 2012.
Financial results for General Dynamics' Combat Systems segment were as follows:
U.S. military vehicle revenues were down in 2014 consistent with General Dynamics' expectations as a result of a decrease in U.S. Army spending as the Iraqi and Afghan conflicts wound down. This impacted the company's primary U.S. vehicle programs, including Stryker, Abrams, Buffalo and Mine Resistant Ambush Protected (MRAP) vehicles. Revenues also decreased on the completed Ground Combat Vehicle (GCV) design and development program. Weapons systems and munitions volume decreased in 2014 primarily due to lower tank ammunition production for non-U.S. customers.
Revenues for international military vehicles were up significantly in 2014 as work commenced on the Saudi Arabia $10 billion order received in the first quarter. Work on this order was somewhat offset by lower revenues on several other international contracts that are nearing completion.
General Dynamics expects the Combat Systems group's revenues and margins in 2015 to be consistent with 2014 as growth on international military vehicle contracts offsets some scheduled reductions in spending on a few U.S. military production programs.
The segment's product lines include:
-wheeled combat and tactical vehicles
-main battle tanks and tracked infantry vehicles
-weapons systems and munitions
-maintenance, logistics support and sustainment services.
General Dynamics has a mature and diverse portfolio of franchise products that deliver core capabilities to domestic and international customers
across the military vehicle, weapons systems and munitions markets. The group's backlog, which reached a historic high in 2014,
includes a diverse mix of products supporting domestic and non-U.S. customers.
The group has a market-leading position in the light armored vehicle (LAV) market. General Dynamics has a $10 billion contract with Saudi Arabia (General Dynamics Canada wins $10 billion deal with Saudi Arabia) to provide wheeled armored vehicles through 2028. This contract includes vehicle production and contractor logistics support.
General Dynamics' portfolio of vehicle platforms in the U.S. military vehicles business consists of wheeled combat vehicles and main battle tanks for the U.S. military, including the Stryker wheeled combat vehicle and the M1 Abrams main battle tank. These vehicles are fundamental to the military's warfighting capabilities and offer continuing opportunities for upgrades and modernization to meet evolving requirements.
The Stryker has proven itself as a versatile combat vehicle, supporting numerous missions for more than 10 years. To meet evolving customer requirements, the group developed a double-V-hulled Stryker to further enhance soldier protection from improvised explosive devices (IEDs). The Army is planning to convert all nine of its Stryker Brigade Combat Teams to the double-V-hulled configuration.
In addition to the Stryker program, General Dynamics is modernizing approximately 600 LAV III combat vehicles for the Canadian government and has delivered numerous Piranha and Pandur armored vehicles to various foreign governments.
Leveraging its prior experience in the light wheeled vehicle market, the group is under contract with U.S. Special Operations Command to produce the Ground Mobility Vehicle (GMV) and the Internally-Transportable Vehicle (ITV), a narrow version of the GMV. General Dynamics is also delivering the Foxhound vehicle to the U.K. Ministry of Defence (MoD), and the Eagle vehicle to Germany.
General Dynamics continues to support the Army's evolving needs for main battle tanks with technology upgrades to the M1 Abrams, such as the System Enhancement Package (SEP). The SEP-configured tank is a digital platform with an enhanced command-and-control system, second-generation thermal sights and improved armor. In September 2012, General Dynamics received a multi-year contract from the Army to conduct development efforts for additional upgrade opportunities designed to increase the efficiency and capability of the Abrams tank. In September 2013, General Dynamics conducted a preliminary design review with the Army under a five-year development contract that provides opportunities for fleet-wide vehicle modernization.
General Dynamics' position in the medium tracked vehicle segment grew in 2014 with a 10-year contract to build the Specialist Vehicle (SV) for the UK MoD. SV is the next generation of armoured fighting vehicles in the United Kingdom. The contract positions General Dynamics as a leading provider of the UK's combat vehicles.
Beyond these long-term platform programs, General Dynamics has opportunities associated with the refurbishment of battle-damaged vehicles and the replacement of equipment that has reached the end of its service life. As the sole provider of Abrams tanks and Stryker vehicles, Combat Systems is the primary contractor for the maintenance, repair and reset of these vehicles. The group's portfolio of tactical vehicles is at the forefront of blast- and ballistic- protected technologies, designed to protect vehicle occupants from landmines, hostile fire and IEDs. The company delivered approximately 5,600 RG-31 and Cougar vehicles to the U.S. military under the Mine-Resistant, Ambush Protected (MRAP) vehicle program. This large installed base has led to subsequent modernization programs, as well as support and sustainment services. For example, General Dynamics is under contract with the Marine Corps to reset Cougar vehicles. In addition, with the expertise gained from General Dynamics' engineering and production programs across its product portfolio, the company is well-qualified to participate in future combat vehicle development programs.
In addition to the Abrams and Stryker modernization efforts, General Dynamics has a contract for the design and development phase of the Army's next-generation infantry fighting vehicle, the Ground Combat Vehicle (GCV). The group is also positioning itself for the upcoming competitions for new contracts for the Amphibious Combat Vehicle (ACV), the cornerstone of the U.S. Marine Corps' future amphibious-assault requirements, and the Army's Armored Multi-Purpose Vehicle (AMPV) program, a replacement for the M113 family of vehicles.
Complementing these military-vehicle offerings, the group designs, develops and produces a comprehensive array of weapons systems across the battle spectrum. For ground forces, General Dynamics manufactures M2/M2-A1 heavy machine guns and MK19/ MK47 grenade launchers. The group also produces legacy and next-generation weapons systems for shipboard applications, including the Navy's Phalanx Close-In Weapon System (CIWS), multiple subsystems for the Littoral Combat Ship (LCS), and DDG 1000 destroyer firepower mission modules. For airborne platforms, General Dynamics produces weapons for U.S. and non-U.S. fighter aircraft, including high-speed Gatling guns for all U.S. fixed-wing military aircraft such as the 25mm GAU-22/A for the F-35 Lightning II. The group is also a significant supplier of composite structures and aircraft components.
The company's munitions portfolio covers the full breadth of naval, air and ground forces applications across all calibers and weapons platforms for the U.S. Government and its allies. The group maintains a market-leading position in the supply of Hydra-70 rockets, large-caliber tank ammunition, medium-caliber ammunition, mortar and artillery projectiles, tactical missile aerostructures and high-performance warheads, military propellants, and conventional bombs and bomb cases.
General Dynamics' Marine Systems group designs, builds and supports submarines and surface ships for the U.S. Navy and Jones Act ships for commercial customers.
General Dynamics is one of two primary shipbuilders for the U.S. Navy, the other being Huntington Ingalls (formerly Northrop Grumman Shipbuilding).
Revenues for the Marine Systems group were 24% of total consolidated revenues in 2014, 22% in 2013 and 21% in 2012.
Financial results for General Dynamics' Marine Systems segment were as follows:
The increase in Navy ship construction revenues in 2014 is primarily due to higher volume on the Virginia-class program, including long-lead materials for the Block IV contract, which was awarded in the second quarter of 2014. This increase was partially offset by lower volume on the MLP program, as two of the four ships under contract have been delivered. Revenues for Navy engineering, repair and other services decreased in 2014 primarily due to lower spending by the Navy on submarine-related overhaul and repair services. Commercial ship construction revenues increased in 2014 as work ramped up on the group's construction of Jones Act ships. All 10 commercial ships under contract are expected to be at various stages of construction by the end of 2015.
General Dynamics expects the Marine Systems group's 2015 revenues to increase 2 to 2.5% from 2014, primarily due to higher revenues on the Virginia-class program. Operating margins are expected to remain in the mid-9% range.
The segment's diverse portfolio of platforms and capabilities includes:
-nuclear-powered submarines (Virginia Class and SSBN(X) Ohio Class replacement)
-surface combatants (DDG 51, DDG 1000, Littoral Combat Ship)
-auxiliary and combat-logistics ships (T-AKE and MLP/AFSB)
-commercial product carriers and containerships (Jones Act ships)
-design and engineering support
-overhaul, repair and lifecycle support services
The substantial majority of Marine Systems' workload supports the U.S. Navy. The work for the Navy includes the construction of new ships
and the design and development of next-generation platforms to help meet evolving missions and maintain desired fleet size.
Approximately 95% of the group's revenues are for major Navy ship-construction programs awarded under large, multi-ship contracts that span several years.
These programs include Virginia Class
nuclear-powered submarines, DDG 51
Arleigh Burke Class and DDG 1000 guided-missile destroyers,
and Mobile Landing Platform (MLP) auxiliary support ships.
The Virginia Class submarine is the first U.S. submarine designed to address post-Cold War threats, including capabilities tailored for both open-ocean and littoral missions. These stealthy ships are well-suited for a variety of global assignments, including intelligence gathering, special-operations missions and sea-based missile launch. In 2014, General Dynamics received a contract for the construction of 10 submarines in the fourth block of the program, bringing the number of boats under contract to 28. The group has delivered 11 of these boats in conjunction with an industry partner that shares in the construction. The remaining 17 boats under contract are scheduled for delivery through 2023. In 2010, Marine Systems delivered the seventh boat in a record 65 months, five months faster than any of the previous boats in the program.
Marine Systems is the lead designer and producer of Arleigh Burke Class DDG 51s, the only active destroyer in the Navy's global surface fleet. DDG 51s are multi-mission combatants that offer defense against a wide range of threats, including ballistic missiles. In 2010, General Dynamics delivered USS Jason Dunham, the 32nd ship, and in 2011, the company delivered the 33rd of the 34 DDG 51 ships under the Navy's legacy multi-ship contract. In 2012, Marine Systems delivered the final DDG 51 ship under the prior multi-ship contract. General Dynamics currently has construction contracts for seven DDG 51s scheduled for delivery through 2022.
Marine Systems participates in a number of programs in support of the Navy's efforts to renew its surface fleet. In 2011, Marine Systems completed the detailed design of the next-generation guided-missile destroyer, the DDG 1000 Zumwalt Class, and is building the three ships in the class at its Bath, Maine, shipyard. In 2011, the group received an award for its portion of the construction of the second and third ships in the program. While the group is responsible for much of the construction of the ship, significant components are manufactured by others and supplied as government-furnished material for integration into the destroyer. Deliveries of the three ships in the program are scheduled through 2019.
MLP ships serve as floating transfer stations, improving the Navy's ability to deliver equipment and cargo to areas without adequate port access. The group has delivered the first two ships in the program, and construction is underway on two additional ships scheduled for delivery in 2015 and 2018. The third and fourth ships are configured as Afloat Forward Staging Bases (AFSB), designed to facilitate a variety of missions in support of mine countermeasures and special operations, providing significant new capabilities to the customer.
In addition to these ship construction programs, General Dynamics is advancing new technologies and naval platforms with customers. These design and engineering efforts include the development of the next-generation ballistic-missile submarine to replace the Ohio class of ballistic-missile submarines. In conjunction with these efforts, the group is leading the design of the Common Missile Compartment under joint development for the U.S. Navy and the U.K. Royal Navy.
Marine Systems provides comprehensive ship and submarine overhaul, repair and lifecycle support services to extend the service life and maximize the value of these ships. General Dynamics conducts surface-ship repair operations in four locations with full-service maintenance and repair shipyards on both U.S. Coasts. General Dynamics also provides extensive submarine repair services in a variety of U.S. locations and convert decommissioned submarines to moored training platforms. In support of allied navies, General Dynamics offers program management, planning, engineering and design support for submarine and surface-ship construction programs.
Beyond its work for the Navy, Marine Systems is advancing commercial shipbuilding technology with the design and production of liquefied natural gas (LNG)-powered and LNG-conversion-ready ships for commercial customers that meet the Jones Act requirement for ships carrying cargo between U.S. ports to be built in U.S. shipyards. Currently, General Dynamics has construction contracts for 10 ships scheduled for delivery through 2017. Construction is underway on five ships, with all 10 expected to be at various stages of construction by the end of 2015. General Dynamics anticipates that the age of the Jones Act fleet and environmental regulations that impose more stringent emission control limits will continue to provide additional commercial shipbuilding opportunities.
In 2012, the Marine Systems group delivered the final ship under the 14-ship T-AKE program, marking the completion of a shipbuilding program that spanned more than a decade. The group's T-AKE combat-logistics ship supports multiple missions for the Navy, including replenishment at sea for U.S. and NATO operating forces around the world. T-AKE is the first Navy ship to incorporate proven commercial marine technologies such as integrated electric-drive propulsion. These commercial ship-design features minimize operating and maintenance costs over the ship's 40-year service life. Throughout the course of the program, the group reduced the hours required to build a single ship by nearly 80%.
The company's Information Systems and Technology group Information Systems and Technology group provides technologies, products and services that address a wide range of military, federal/civilian and commercial information-systems requirements. The group's leadership in this market results from decades of domain expertise, incumbency on high-priority programs and continuous innovation to deliver solutions that meet customer needs. General Dynamics provide full-spectrum support for the design, development, integration, production and sustainment of:
• information technology (IT) solutions and mission support services
• mobile communication systems and intelligence, surveillance and reconnaissance (ISR) solutions.
Revenues for the Information Systems and Technology group were 30% of total revenues in 2014 and 33% in 2013 and 2012.
Financial results for General Dynamics' Information Systems and Technology segment were as follows:
Revenues decreased nearly 25% in the mobile communication systems business in 2014 primarily as a result of lower U.S. Army spending on certain programs, including the Handheld, Manpack and Small Form Fit (HMS) radio, Warfighter Information Network-Tactical (WIN-T) and Common Hardware Systems-4 (CHS-4) programs. Revenues decreased in 2014 in General Dynamics' IT services business due to lower volume on several programs, including the company's commercial wireless work. This decrease was partially offset by increased contact-center services work under General Dynamics' contract with the Centers for Medicare & Medicaid Services. Revenues were essentially flat in the company's ISR business.
General Dynamics expects 2015 revenues in the Information Systems and Technology group to decrease approximately 5.5% from 2014 as some of 2014's anticipated revenue reduction flows into 2015. Operating margins are expected to improve again to slightly more than 9%.
IT solutions and mission support services
General Dynamics provides professional and technical services to the U.S. defense and intelligence communities, the Departments of Homeland Security and Health and Human Services, other federal/civilian agencies, and commercial and non-U.S. customers. The group's technical support personnel and domain specialists help customers meet critical planning, staffing, technology and operational needs.
The group designs, builds and operates large-scale, secure IT networks and systems for U.S. government customers, commercial wireless network providers, and federal, state and local public safety agencies. General Dynamics works closely with customers to ensure their network infrastructures are secure, efficient, scalable and cost-effective. General Dynamics is also at the forefront of cloud and virtualization technologies and services. For example, the group is implementing the Department of Defense’s (DoD) largest enterprise-wide email infrastructure and a virtual desktop environment for the intelligence community.
As a leading provider in the U.S. healthcare IT market, General Dynamics supports government civilian and military health systems, providing critical services in support of healthcare reform and medical benefits programs. General Dynamics' offerings include data management, analytics, fraud prevention and detection software, process automation and program management solutions for public and commercial health systems. General Dynamics is operating customer contact centers for the Centers for Medicare & Medicaid Services, responding to consumer inquiries about key Medicare and Affordable Care Act programs.
Mobile communication systems and ISR solutions
General Dynamics designs, builds, deploys and supports solutions for customers in the U.S. defense, intelligence and homeland security communities, and U.S. allies. The company's offerings include secure communications systems, command and control solutions, signals and information collection, processing and distribution systems; imagery sensors; and cyber security, information assurance, and encryption products, systems and services.
General Dynamics integrates and manufactures secure communications systems for customers in the DoD, the intelligence community, federal/civilian and public safety agencies, and for non-U.S. customers. These solutions, which include fixed and mobile ground, radio and satellite communications systems and antenna technologies, improve the customers' ability to communicate, collaborate and access vital information.
The group is delivering a modern, secure network to the U.S. Army, known as the Soldier's Network, which provides tactical voice and data communications to soldiers anywhere on the battlefield. General Dynamics is the prime contractor for Warfighter Information Network-Tactical (WIN-T), the Army's backbone mobile communications network, and is the prime contractor on many of the Army's core tactical radio programs, including the AN/PRC-154A Rifleman and AN/PRC-155 two-channel Manpack radios. General Dynamics is developing and deploying the Mobile User Objective System (MUOS) communication waveform and ground system, which will help provide the satellite link to soldiers on the ground so they can access voice, video and data communications in the most remote locations.
The Information Systems and Technology group provides many of these capabilities to non-U.S. public agencies and commercial customers. For the Canadian Department of National Defence, General Dynamics developed, deployed and continues to modernize and support the Canadian Army's fully integrated, secure combat voice and data network. General Dynamics leveraged this experience to deliver the U.K. MoD's Bowman tactical communication system, for which the company currently provides ongoing support and capability upgrades.
In command-and-control systems, General Dynamics has a 50-year legacy of providing advanced fire-control systems for U.S. Navy submarine programs and is developing and integrating commercial off-the-shelf software and hardware upgrades to improve the tactical control capabilities for several submarine classes. Capitalizing on this expertise, General Dynamics developed the combat and seaframe control systems and is the lead systems integrator for the Navy's Independence-variant Littoral Combat Ships (LCS) and the electronic systems for the Navy's Joint High Speed Vessel (JHSV).
Information Systems and Technology provides ISR solutions for classified programs. General Dynamics' expertise includes multi-intelligence ground systems and large-scale, high-performance data and signal processing. General Dynamics delivers high-reliability, long-life sensors and payloads designed to perform in the most extreme environments, including space payloads and undersea sensor and power systems.
The group offers comprehensive cyber security-related products and services to help customers protect their networks from internal and external threats and prevent data breaches. For more than 45 years, General Dynamics has developed information assurance technologies that are integral to defending critical information, including a widely deployed Type 1 network encryptor. General Dynamics also supports the DoD's Cyber Crime Center and the Department of Homeland Security’s National Cybersecurity Protection System.
The group is well-positioned to continue meeting the needs of its diverse customer base in an increasingly competitive market. General Dynamics is improving the group's performance and competitive position by optimizing the size of the business, harmonizing capabilities throughout the portfolio and developing innovative solutions to meet evolving customer requirements. Consistent with this focus, in 2014 General Dynamics announced the consolidation of two businesses in the group to form General Dynamics Mission Systems in an effort to be more efficient and responsive to customers. The consolidation was effective in January 2015.
Revenues ('14): $30,852M -1.2%
R&D ('14): $358M +15.5%
Net Profit ('14): $2,533M +7.5%
CAPEX ('14): $521M +18.4%
Aerospace Sector:Major Diversified OEM
General Dynamics Products:
Mid- and large-cabin business-jet aircraft; Maintenance, refurbishment, outfitting and aircraft services; Wheeled combat and tactical vehicles; Main battle tanks; Tracked infantry vehicles; Blast- and ballistics-protected vehicles + maintenance and repair services; Munitions and propellant; Rockets and gun systems; 120mm mortar and 155mm and 105mm artillery projectiles; Conventional bomb structures; Mortar systems and large-caliber ammunition; Nuclear-powered submarines (Virginia Class); Surface combatants; Auxiliary and combat-logistics ships; Commercial ships; Design and engineering support. See more products below!
General Dynamics' Major DoD Defense Programs:
General Dynamics' Commercial Programs:
| Gulfstream: G150, G280, G450, G500, G550, G600, G650, G650ER |
|Sales 2010-2014||Net Income 2010-2014||R&D Spending 2010-2014||# Employees 2010-2014|