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Incoming GD Chief Johnson Sees No Change To Business Model

DDN

Friday, May 15th, 2009

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By Calvin Biesecker Jay Johnson, soon to be the CEO at General Dynamics [GD], told an investment conference yesterday the company's core management, its business model and strong focus on cash generation will remain unchanged under his leadership. "As CEO, you can be assured that I will continue to adhere to the earnings growth, cash generation, operational performance, and continuous improvement standards that have distinguished General Dynamics for the past 12 years," Johnson, who is currently vice chairman and CEO-elect…

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