1、Transparency.Trust.Alignment.Honesty.2022CorporateSustainabilityReport2Our Ethos is our defining moral character.It is what sets General Dynamics apart.Our Ethos ensures that each of us behaves according to our shared values and uses those values to guide every endeavor.Dedicated to transparency,tru

2、st,align-ment and honesty,we are unified in our commitment to act as good stewards of the investments our shareholders,customers,employees and communities make in us now and in the future.Transparency.Trust.Alignment.Honesty.O U R E T H O SGrinder at Electric BoatOur Ethos at WorkTransparency,Trust,

3、Alignment,Honesty:Drive how we operate our business.We pursue operating excellence by anticipating customer needs;driving innovation;improving processes;and reducing waste,emissions and energy consumption.We believe in being wise stewards of capital and resources.Govern how we engage with our employ

4、ees,customers,partners and suppliers.We must be forthright and open to change.We seek employees,partners and suppliers that adhere to these values in their businesses and expect them to meet the same high standards as we hold ourselves.Guide our interactions with each other.As a community of people,

5、we are dedicated to our companys purpose and to promoting the health,welfare and safety of our employees.We treat each other with dignity and respect,celebrating our similarities as well as our differences,and making an effort to understand and support one another.Ensure fair compensation and equal

6、employment opportunity in a principled and produc-tive work environment.Our values motivate us to promote strong workplace practices with diversity,opportunities for scholarship and training.We stand behind basic universal human rights,including that all employment must be voluntary.We unequivocally

7、 oppose human trafficking in all forms.Connect us with our communities.Fulfilling our obligation to be a good corporate citizen means that we engage in actions that further the well-being of our communities.We do this by supporting participation in social welfare organizations;promoting volunteerism

8、;and undertaking initiatives to mitigate climate change,drive hazardous waste from our processes,and protect water resources.3Our EthosFrom Our CEODear Fellow Shareholder,The leadership and employees of our company are committed to the fundamental values of honesty,transparency,trust and alignment.B

9、eing guided in all our actions and decisions by these values creates a corporate Ethos of integrity and accountability.Our approach to sustainability is grounded in this moral foundation.We take seriously our responsibility to ensure the long-term sustainability of our company and all of our stakeho

10、lders.In this report,we provide an overview of the ways General Dynamics is striving to be a good steward of its resources.We are making steady progress toward our 2034 target of a 40%reduction in greenhouse gas emissions.Our workforce is increasingly diverse.In complete alignment with the U.S.gover

11、nment,we remain vigilant about protecting human rights.We embrace innovation as a means to provide superior capabilities to our customer and to achieve greater energy efficiency,reducing our carbon footprint.In these and other initiatives,we are demonstrating our robust commitment to our customers,e

12、mployees and our environment.Sincerely,Phebe N.NovakovicChairman and Chief Executive Officer“Our Ethos is the compass we use to navigate as we deliver value to our shareholders,our customers and our communities.”4H I G H L I G H T S5Highlights Established a Sustainability Committee on our board of d

13、irectors to oversee sustainability efforts across the company.Enhanced lead director role in providing independent oversight of the company.Published a new ethics handbook to align business practices across the company with our Ethos.G O V E R N A N C EGulfstream G800Virginia-class attack submarineH

14、 I G H L I G H T S6 Reduced C02 emissions by 24%since 2008,or 42%per dollar of revenue.Reduced Scope 1 and Scope 2 greenhouse gas emissions by 10%since 2019,consistent with our target to cut greenhouse gas emissions 40%by 2034.Introduced new sustainable products,including hybrid-electric prototypes

15、of the AbramsX main battle tank and StrykerX armored combat vehicle,as well as new clean-sheet business jet models that have significantly improved fuel efficiency.Led the business aviation industry in the adoption and availability of sustainable aviation fuel,which can reduce greenhouse gas emissio

16、ns by 80%relative to traditional petroleum Jet-A fuel.E N V I R O N M E N TGD Ordnance and Tactical Systems solar panel energy project with Todays Power,Inc.Jet Aviation fueling aircraft7HighlightsH I G H L I G H T S Increased the percentage of women and people of color in both our total workforce a

17、nd management positions.Employed veterans at a rate three times that of the total U.S.civilian labor force.Operated 57 sites under ISO 45001,widely regarded as the worlds highest occupational health and safety standard.Expanded partnerships with Historically Black Colleges and Universities.S O C I A

18、 LGD Ordnance and Tactical Systems kickball tournament Military appreciation event at NASSCO 8TA B L E O F C O N T E N T SOUR ETHOS From Our CEO 4 Report Highlights 5ABOUT US 9GOVERNANCE 13 Board of Directors 14 Management 18 Ethics 20 Global Supply Chain 23ENVIRONMENTAL 26 Reducing Greenhouse Gas E

19、missions 29 Energy Management 33 Water and Wastewater Management 34 Solid Waste Management 34 Sustainability Products and Services 35SOCIAL 40 Human Capital 41 Diversity,Equity and Inclusion 44 Health,Wellness and Safety 47 Human Rights 50 Communities 53 Political Engagement 55 Cybersecurity and Dat

20、a Privacy 56HONORS AND AWARDS 58INDEX 59Corporate Sustainability ReportA B O U T U S9General Dynamics is a publicly traded global aerospace and defense company.We offer a broad portfolio of products and services in business aviation;ship construction and repair;land combat vehicles,weapons systems,a

21、nd munitions;and technology products and services.Our core competency is the design,engineering and manufacturing of complex and differentiated products and services for aerospace and defense.We understand the importance of the solutions we deliver and work to ensure quality and safety in all things

22、 we create.Gulfstream production facility10A E R O S PA C EGulfstream produces the worlds most technologically advanced business jets and offers unmatched customer support.Jet Aviation provides comprehensive busi-ness aviation services,custom completions,and a global network of facilities for aircra

23、ft owners and operators.M A R I N E S Y S T E M SBath Iron Works designs and builds guided missile destroyers for the U.S.Navy and provides repair services for multiple ship classes.Electric Boat is the premier designer and builder of nuclear-powered submarines for the U.S Navy.NASSCO specializes in

24、 the design and construction of auxiliary and support ships,oil tankers,and dry cargo carriers,and is a major provider of repair services for the U.S.Navy.C O M B AT S Y S T E M SEuropean Land Systems is a global leader in the design and manufacture of wheeled and tracked combat vehicles and bridge

25、systems.Land Systems produces highly capable military vehicles,including the Abrams tank,Stryker combat vehicle and Light Armored Vehicle.Ordnance and Tactical Systems is a leading designer,developer and manufacturer of munitions,weapons and tactical systems.T E C H N O L O G I E SInformation Techno

26、logy(GDIT)designs,builds and operates large-scale enterprise information systems for the U.S.govern-ment,its agencies and others to deliver a broad range of technical,professional and training services.Mission Systems is a leading C5ISR integrator of secure communications and command and control sys

27、tems,sensors and cyber products.Our Business Units11 About Us101,700employees in 65 countries and all 50 U.S.statesOUR WORKFORCE3,000+CANADA87,000+UNITED STATES4,000+MEXICO900+UK700+SPAIN900+GERMANY2,000+SWITZERLANDCUSTOMERS(%of consolidated revenue)*70%U.S.Government12%U.S.Commercial10%Non-U.S.Gove

28、rnment8%Non-U.S.Commercial*All data are for the year ended 12/31/21.Please refer to General Dynamics Annual Report on Form 10-K for additional information.2021FINANCIAL HIGHLIGHTS Total Revenue:$38.5 billion Operating Earnings:$4.2 billion Capital Expenditures and Company-Sponsored R&D:$1.3 billion

29、Income Tax Expense:$616 million 12Our primary owners are the American peopleTens of millions of Americans have a stake in GD directly or indirectly through employer-sponsored pensions and 401(k)accounts,individual retirement accounts,529 college savings plans,mutual funds,index funds and other inves

30、tments.We recognize that,with more than 90%of our institutional investors based in the United States,*millions of American families rely on us for sustained financial performance.In 2022,GD joined the“dividend aristocrats,”a select group of companies that consistently raised dividend payouts for eac

31、h of the last 25 consecutive years.We take seriously our responsibility to return value to our investors while at the same time investing for the future.In 2021,we returned more than$3.1 billion to our investors through dividends and share repurchases,while investing more than$1.3 billion in capital

32、 expendi-tures and company-sponsored research and development.*Based upon estimates as of 12/31/21Millions of American families have a stake in General Dynamics.USS John Basilone under construction at Bath Iron Works13G O V E R N A N C E14Our board of directors is committed to the principle that goo

33、d corporate governance enhances shareholder value.Through strong corporate governance practices,we promote a culture of ethics and integrity,and empower leaders at all levels to do what is right for our customers,suppliers,employees and communities.Our deeply engaged and experienced board is central

34、 to our companys culture of account-ability and continuous improvement.Our board reflects a diverse and well-qualified group of business leaders and aerospace and defense industry experts,as well as financial and strategic advisers.Other than our CEO,all of our directors are independent.Each of our

35、board committees is chaired by an independent director.Board of DirectorsBalanced Board With Unique PerspectivesIn 2022,Gulfstream announced a$55 million investment and 200 new jobs for a 73,000-square-foot aircraft paint facility in Appleton,Wisconsin.The state-of-the-art facility will paint as man

36、y as 48 aircraft per year with reduced water usage and lower emissions.Our board includes directors who are or have:a Significant financial background or expertise a Experience in leading complex operating and manufacturing organizations a Prior top leadership posts in the military or U.S.Department

37、 of Defense a Women or racial or ethnic minorities a Current or former public company directors a Current or past CEOs of complex,global and/or public companies a Experience in corporate sustainability matters and reporting15 GovernanceThe General Dynamics corporate gover-nance guidelines provide a

38、framework for effective governance of the board and the company.The boards commitment is demonstrated by key corporate governance practices,including:Strong board independence An independent lead director A majority voting standard for the election of directors,coupled with a director resignation po

39、licy Shareholders right to call a special meeting Shareholders right to act by written consent Shareholders ability to nominate director candidates and have those nominees included in the companys proxy statement,a process known as“proxy access”Annual board and committee self-assessments A robust sh

40、areholder engagement program Disclosure of corporate political contributions and trade association duesIn 2022,the board of directors updated the companys Corporate Governance Guidelines in response to shareholder feedback.These updates:Codified powers of the lead independent director to oversee CEO

41、 performance and compensation;to consult regularly with management regarding business matters;and to hire consultants and advisers in connection with all board functions.Established a policy to conduct a detailed study about the boards leadership structure,including whether to have a separate chairm

42、an and CEO at the time of CEO transition,in addition to its rigorous annual assessment when it elects a chair.In February 2022,General Dynamics Mission Systems earned MassEcons bronze honors for the Greater Boston region as a result of the$9.6 million capital improvements it made in the companys Ded

43、ham facility.The renovation and expansion added 45 jobs to the hundreds of previously existing jobs in Dedham.GDMS has more than 3,000 employees in Massachusetts.16Board Oversight of Sustainability The board continuously focuses on material risks and opportunities,including those related to sustaina

44、bility matters.It takes these risks and opportunities into account as it exercises its duties.The Sustainability Committee is responsible for assisting the board in fulfilling its oversight duties.In 2021,the board established a Sustainability Committee to oversee sustainability man-agement and prac

45、tices,including those related to environmental,health and safety,human rights,and social matters.Board Oversight of Risk Our comprehensive risk management program is conducted by senior management and overseen by the board of directors.In particular,the board oversees managements identifi-cation and

46、 prioritization of risks that are material to our business,including both existing and significant emerging risks,and corresponding risk-mitigation efforts.The full board reviews and approves a corporate policy addressing the delegation of authority and assignment of management responsibility annual

47、ly.This ensures that the responsibilities and authority delegated to senior management are appropriate from an operational and risk management perspective.The following summarizes the key elements of the roles of the board,senior management and external advisers in our risk management program:The bo

48、ard oversees risk management,focusing on the most significant risks facing the company,including strategic,operational,financial,legal,environmental,cyber and reputational.Each board committee is integral to risk management and reports specific risk management matters as necessary to the full board.

49、The boards Sustainability Committee oversees sustainability practices and management,including those relating to environmental,health and safety,human rights,and social matters.Senior management is responsible for day-to-day risk management and conducts a thorough assessment through internal managem

50、ent processes and controls.The chief executive officer and senior management team provide the board with a dedicated and comprehensive briefing of material risks at least twice per year,and the board is briefed as needed throughout the year on specific risks as they arise,allowing the board to frequ

51、ently reassess the companys risk environment.External advisers provide independent advice on specific risks,and review and comment on risk management processes and procedures as necessary.17 GovernanceCOMBATAEROSPACEMARINETECHNOLOGIESSustainability CommitteeSustainability GovernanceExecutionLeadersh

52、ipThe Sustainability Committee is chaired by an independent director with expertise and unique experience in the environmental,social and governance(ESG)field,including as a former board co-chair of the Value Reporting Foundation,now part of the International Financial Reporting Standards(IFRS)Found

53、ation.Climate-related risks and opportunities are typically briefed by business unit presidents or the cognizant executive vice presidents(EVPs)for the relevant business line.They may also be briefed by the chair of our corporate functional area councils,including the Environment,Health and Safety(E

54、HS)Committee of the Manufacturing Council.This EHS Committee,sponsored by an EVP,provides an annual briefing of EHS-related risks to the board.Senior ManagementCross-CompanyCouncilsManufacturingSupply ChainCyberEngineering&TechnologyContractsOversightWe focus our sustainability efforts on the areas

55、that provide the greatest possible value for our stakeholders.BOARD18ManagementAccountable to the board,our management ensures that our decisions recognize the economic,environmental and social considerations in our operational strategy.Our corporate headquarters is responsible for setting the strat

56、egic direction and governance of the company,allocating and deploying capital,and ensuring a culture of ethics and integrity that defines how we engage with our employees,communities,customers and suppliers.Our operating processes and activities incorporate initiatives to improve diversity,promote i

57、nclusion,reduce emissions and waste,and adhere to standards that lower risk and drive a healthier and safer workforce and community.Each of our 10 business units(BUs)closely adheres to our corporate vision while maintaining individual responsibility for executing operating plans.This model empowers

58、our businesses to stay close to their customers while having the agility to make wise decisions quickly.It also allows our businesses to anticipate,adapt and react to our customers rapidly changing needs.Company-Wide CouncilsGeneral Dynamics has company-wide councils that share information and best

59、practices throughout the enterprise.These councils are made up of the most senior operational exec-utives from our BUs.These experts in their respective fields help address issues of shared importance,including those relating to climate.The chair of each council reports directly to the chairman and

60、CEO on council matters,with mentorship from an assigned EVP.Our Manufacturing Council includes an Environment,Health and Safety(EHS)Committee that directly addresses sustainability,energy and environmental issues.Each GD business unit is represented by a senior EHS professional assigned by the BU pr

61、esident.This sub-committee helps each BU establish its targets and collects and assesses energy and carbon emissions data from across the corporation.The Manufacturing Council makes regular EHS reports to the board as part of the boards risk management process.Our Supply Chain Management Council als

62、o shares best practices and creates shared processes to support our supplier efforts,including those that promote socially responsible performance and environmental stewardship throughout our supply chain.Indi-vidual businesses are able to leverage resources,create shared tools and enjoy the benefit

63、 of scale.Multiple subcommittees focus on specific areas to improve and achieve cost and time savings,such as travel and transportation and use of e-tools.In 2021,General Dynamics invested more than$1.3 billion in capital expenditures and company-sponsored R&D.19 GovernanceBusiness Model ResilienceO

64、ur businesses maintain and exercise plans to ensure continuity of operations in the event of a natural disaster,accident,cyber incident or other crisis.Our decentralized business model minimizes single points of failure,with decision-making authority delegated down to the lowest competent level.Duri

65、ng the early phases of the COVID-19 pandemic,when many businesses suspended operations and sent employees home,our designation by the federal government as “critical infrastructure”required most of our lines of business to maintain normal operations while maximizing safety for our employees.Our busi

66、ness model and focus on resilience enabled each facility to develop plans tailored to their unique situation,while being able to tap into resources and support from the broader company.ManufacturingSupply ChainCyberEngineering&TechnologyContractsCross-Company Councils In 2021,Gulfstream announced a$

67、70 million investment in a new,sustainable 250,000-square-foot aircraft mainte-nance,repair and overhaul facility in Mesa,Arizona,that will make extensive use of solar energy,reducing grid energy consumption by as much as 25%.Gulfstream is partnering with Arizona State University and Chandler-Gilber

68、t Community College to establish workforce development partnerships to support hundreds of new high-paying jobs.20Executive CompensationOur compensation program,which covers named executive officers,BU presidents and other key executives,can include operating goals that specifically encompass sustai

69、nability topics.The sustainability goals vary depending on the officers role and responsibility,but they encompass efforts to reduce greenhouse gases,initiatives to promote environmental conservation and programs targeted to bring new technologies to the market.Our executive compensation is rooted i

70、n a longstanding pay-for-performance philoso-phy.To incentivize this focus on creating long-term value,our executive compensation is tied to defined financial and nonfinancial performance metrics that align with creating shareholder value.These metrics also include a stakeholder-centric strategic an

71、d operational component,which incorporates environmental,human and social capital sustainability objectives.More information about compensation is available in our proxy statement.EthicsThe foundation of our culture is our Ethos,which shapes how General Dynamics employees act according to our shared

72、 values of transparency,trust,alignment and honesty.In all things.At all times.With approximately 70%of our revenue from the U.S.government,and with our Aerospace segment subject to rigorous FAA oversight,we operate in a highly regulated environ-ment.We are subject to regular audit and review by mul

73、tiple U.S.government agencies to assess our compliance with applicable laws,regulations and standards.The U.S.government also reviews the adequacy of,and compliance with,internal control systems and policies,including our purchasing,property estimating,material,earned value management and accounting

74、 systems.Every employee is expected to uphold our high standards.Each employee hears this mes-sage from their first day on the job and throughout their careers with GD.Not only do we foster an ethical work environment,we work to create an environment where employees feel safe,empowered and equipped

75、to speak up and do the right thing.Our board and our key financial professionals are required to follow ethics codes specific to their roles,which they commit to annually.These codes have been carefully crafted by leadership to align with our Ethos.With their signature,our chairman,board members and

76、 financial leaders promise to manage our business with the highest standards of ethical conduct.TRANSPARENCY TRUST HONESTY ALIGNMENTIn all things.At all times.21 GovernanceTools and ResourcesOur commitment to ethics is highly visible,readily available and continually reinforced.We equip our employee

77、s with the tools and resources they need to do the right thing.One such step is to require new employees to acknowledge receipt of,understanding of and compliance with our Ethos and with Our Standards of Business Ethics and Conduct,commonly known as the Blue Book.Available in 17 languages,the Blue B

78、ook establishes our standard that all employees conduct business in accordance with our Ethos,applicable law and our company policies.Our management and leadership teams and the ethics,human resources and legal depart-ments are equipped to assist and provide guidance as needed to raise questions,get

79、 advice and express concerns.They strive to foster an open and safe environment and embed our Ethos and commitment to ethics in ongoing communications.Each GD facility is equipped with prominent awareness centers that reinforce our Ethos,outline tools available to employees,and list the Ethics Help

80、Line website and toll-free num-ber.A message from our CEO is included in each awareness center to further demonstrate our position.The GD Business Ethics Help Line is a 24-hour resource,accessible by phone or the web,and available to employees in 13 languages.Questions or concerns can be raised thro

81、ugh the help line,anonymously or otherwise.All reported concerns are investigated promptly and in confidence.If we find that our stan-dards have been violated,we take action,including involuntary termination or disciplinary action;implementing system-wide changes;and/or notifying governmental office

82、s or agencies,customers and/or suppliers.We strictly prohibit retaliation against anyone who raises an ethics or compliance issue in good faith,and we take action against those who are found to have retaliated.Our expectations to operate with integrity go beyond our employees.Suppliers,vendors,contr

83、actors and joint-venture partners are expected to develop effective ethics and compli-ance programs as well.In 2021,77%of fraud,waste and abuse concerns submitted were made by individuals willing to leave their name(named reporting)versus anonymous reporting.A high proportion of named reporting indi

84、cates that employees trust the integrity and effectiveness of our program.22Global Network of Ethics OfficersEach business has one senior ethics officer(EO)who has direct access to leadership and meets with the leadership team regularly to discuss trends,opportunities and com-munication strategies.T

85、hese senior EOs also meet regularly as a group to discuss best practices that can be shared across our portfolio.In addition,they work with other EOs in the defense industry through the Defense Industry Initiative to share best practices,which helps us continuously improve our programs.In support of

86、 the EOs,we have more than 100 part-time local ethics officers(LEOs).Our LEOs,selected by their leadership based on proven character,are embedded in locations with our largest populations.Working side by side with other employees,LEOs are accessible resources who answer questions,provide communicati

87、ons and training,conduct investiga-tions,and further ingrain ethics in the everyday activities within our work environment.Ethical Business Around the WorldWe provide services and products to governments around the world.The laws and regulations relating to doing business with government customers a

88、nd public officials are complex.As such,we provide our employees with the appropriate resources to comply with applicable laws and regulations.We also abide by the laws and regulations regarding the import and export of our products,information and technical data,including the U.S.International Traf

89、fic in Arms Regulations(ITAR)and Export Administration Regulations(EAR).Nearly every country has laws and regulations that control the international movement(e.g.,imports,exports,re-exports and technology transfers)of specified product information and services,and we ensure that we remain current wi

90、th these laws and regulations.Our robust anti-corruption compliance program is rooted in our Ethos and tailored to poten-tial risks faced in our business.Designated anti-corruption officers and other compliance professionals at each BU help carry out the program and serve as a resource.Elements of t

91、he program include written policies and procedures,training,risk-based man-agement and third-party due diligence,multiple reporting systems,and compliance audits.We comply with the U.S.Foreign Corrupt Practices Act and other applicable anti-corruption laws around the globe.NASSCO shipyard in San Die

92、go23 GovernanceOur suppliers are critical to our ability to deliver quality products and services to our customers.We expect them to uphold the same high standards that we uphold ourselves.Our suppliers are expected to act as good corporate citizens with sustainable business prac-tices,to treat empl

93、oyees and customers with respect,and to act with integrity and honesty.Supplier DiversityWe are committed to working with small and diverse businesses.More than 5,000 of our business partners are small disadvantaged businesses,women-owned small businesses,veteran-owned small businesses,service-disab

94、led veteran-owned small businesses,Small Business Administration-certified HUBZone small businesses,Native American-owned small businesses,minority-owned companies and Ability One organizations.These businesses are vital to maintaining our competitiveness in the global marketplace.Our supplier diver

95、sity program operates under a framework based on four pillars:compli-ance,early engagement,small business innovation and community outreach.Support for Small BusinessOur small business programs facilitate the process of becoming a General Dynamics supplier.For our U.S.businesses,our supplier diversi

96、ty program managers attend more than 50 regional and national events annually to meet with potential suppliers.This includes events sponsored by the National 8a Council,Procurement Technical Assistance Centers(PTACs),the National Defense Industrial Association,Women in Defense,the National Veteran S

97、mall Business Coalition and the Small Business Administration(SBA).We provide guidance and support to the thousands of small businesses that work with us.We mentor these businesses through their contract involvement,as well as through our small business and supplier diversity offices,and we sponsor

98、and host events that allow our BUs to meet with interested small business suppliers.These initiatives help small busi-nesses expand their solution sets and marketing channels.Additionally,since the COVID-19 pandemic,we have hosted virtual training and outreach sessions for the small and diverse busi

99、ness community.Global Supply ChainIn 2021,more than$4.1 billion of our supplier contracts were with small businesses.24Materials SourcingWe are committed to responsible sourcing throughout our global supply chain.We take steps to vet suppliers for their sustainable labor and materials sourcing pract

100、ices,purchase long-lasting products with low carbon footprints,deal only with non-embargoed countries,and act to prevent counterfeit parts from entering our supply chain.We have established mechanisms to assess risk and ensure compliance,and we continually look for new ways to reduce risk throughout

101、 our supply chain.Modern Slavery and Child Labor As a corporation with operations and suppliers around the world,we recognize the impor-tance of ensuring that respect for human rights and dignity is embedded at all levels of our business.We do not tolerate human trafficking,child labor or forced lab

102、or anywhere within our businesses or supply chains.Most of our supply base is located in the United States,which presents a far lower risk of forced labor or human trafficking.Wherever their location and whatever their role,we expect our suppliers to uphold the same high standards we uphold ourselve

103、s.More information about our management processes to meet these standards is available here.Welder at Electric Boat25Electric Boat participates in the U.S.Navys SUBSAFE program,which establishes an extremely high level of quality assurance for components used in nuclear-powered submarines.SUBSAFE ha

104、s rigorous controls on systems that are essential to water-tight integrity,requiring that parts have traceable evidence of quality from the point of manufacture to the point of installation,including records of the creation of the product and its source materials.GovernanceConflict MineralsWe requir

105、e our suppliers to trace potential sources of minerals such as tantalum,tin,gold or tungsten,which are known to help finance conflict.In accordance with U.S.Securities and Exchange Commission(SEC)requirements,we submit a Specialized Disclosure Report and a Conflict Minerals Report.More information a

106、bout our efforts to avoid conflict minerals is available here.Counterfeit Parts PreventionWe have stringent quality-control processes in place to detect and mitigate suspected or confirmed counterfeit parts in order to prevent counterfeit parts and software from enter-ing the companys supply chain.W

107、e promptly disclose any findings to the government and the customer.E N V I R O N M E N TA L26Electric vehicle at Jet Aviation Environmental27EnvironmentWe are committed to doing our part to help sustain the global environment.Like many of our investors,employees and other stakeholders,we want to en

108、sure that our business con-tinues to thrive even as we seek new ways to minimize our impact on the planet.This is a priority across all levels of our company.We are executing on our company-wide goal of reducing greenhouse gas emissions by 40%from our 2019 baseline by 2034 as described below.We cons

109、ider sustainability objectives when reviewing sites and programs to establish goals for continuous improvement.As part of our commitment to environmental management,58 of our sites operate under ISO 14001,which is a voluntary certification of international standards that specifies requirements for a

110、n effective environmental management system(EMS).We constantly evaluate how our business strategy comports with our goals of maintaining sustainable environmental practices over the long term.We seek to protect the environ-ment by improving operating efficiency,lowering costs,minimizing waste and em

111、issions,reducing the use of fossil fuels,and ensuring that we remain compliant with relevant environmental laws and regulations in a way that enhances long-term shareholder value.Our approach to protecting the environment is built around these objectives:Operate our facilities in compliance with app

112、licable laws and regulations in order to protect the health and safety of our employees,surrounding communities and the environment Reduce carbon emissions in order to reach our goal Reuse,recycle and minimize the use of natural resources Drive out solid waste from our manufacturing processes Integr

113、ate environmental considerations into business planning and decisions,including design,procurement,production,facilities management and product support Promote a workplace in which employees carry a sense of personal responsibility for protecting the environment Work with our customers to meet their

114、 environmental needs and goals,and manage suppliers consistently with our environmental compliance and management programs Maintain a management system for environmental matters at each business unit that is designed to voluntarily meet international accepted standards Support existing and upcoming

115、ISO 50001 registrations to help business units conserve resources through more efficient energy management28CollaborationEach of our businesses has professional Environment,Health and Safety(EHS)programs to ensure their facilities operate safely and in compliance with company policies to minimize en

116、vironmental impacts.Each business develops annual objectives to drive continuous im-provement in EHS performance.We have an active EHS committee that includes experts from each business unit to pro-mote best practices and develop shared strategies.This group is dedicated to promoting a safety-and en

117、vironment-conscious culture across the company,monitoring and continuously ensuring compliance with laws,regulations and corporate policy.We have a company-wide goal of reducing greenhouse gas emissions by 40%by 2034(from a 2019 base year).This will include the gradual reduction of both Scope 1 and

118、Scope 2 gases,and the transition to sources of renewable power.Since 2019,we have reduced Scope 1 and Scope 2 emissions by 10%.Since 2008,we have reduced overall CO2 emissions per dollar of revenue by 42%.Shipbuilder at Bath Iron Works 29Our companys commitment to continuous improvement includes cre

119、ating efficiencies and building systems that reduce our emissions output.Our decentralized business model and diverse lines of business across multiple states and countries enable each business to develop its own set of operating objectives to reduce carbon emissions.We strive to offer transparency

120、about our environmental impact,as well as our actions to lessen those impacts.We participate in CDPs environmental disclosure system,which measures companies effects on climate change and their management of climate risks and opportunities,and we engage a third party to independently verify our emis

121、sions information.We have committed to a company-wide target to reduce Scope 1 and Scope 2 green-house gas(GHG)emissions by 40%by 2034,from a 2019 base year.We developed the target using standards articulated by the Greenhouse Gas Protocol and the Science Based Targets Initiative,consistent with int

122、ernational goals to limit global temperature increase to well below 2 degrees Celsius.Our target has not been submitted to the Science Based Targets Initiative for validation.In order to achieve this goal,we are actively instituting initiatives across the company.In 2021,each BU set its own target a

123、nd achievement roadmap to align with the overall company-wide target.These pathways consist of initiatives like energy efficiency projects,procuring renewable energy and fuel switching where applicable.Since 2008,our GHG emissions have declined 24%,even as our company has grown and increased revenue

124、 by 31%.On a per-dollar-of-revenue basis,we have reduced total GHG emissions by 42%.As a government contractor,our ability to meet our emissions targets depends in part on our customers conduct and direction.For example,some of our contracts specify the manner,means or place of performance in ways t

125、hat constrain our ability to reduce GHG emissions associated with contract performance.In other instances,we perform work at government-owned facilities,where emissions may be attributable to us under relevant disclosure protocols,but where we have limited or no ability to change relevant aspects of

126、 the facility.Reducing Greenhouse Gas Emissions EnvironmentalWelder at GD Land Systems30Revenue(in Billions of Dollars)Emissions(Thousands of Metric Tons CO2)1,000 9509008508007507006506003937 3533320000192020GHG EmissionsRevenue (in Billions of Dollars)20

127、200400300200Emissions (Thousands of Metric Tons CO2)Scope 2Scope 000202021Emissions by ScopeEmissions (Thousands of Metric Tons CO2)31 GD Ordnance and Tactical Systems,in conjunction with Todays Power,Inc.,invested in four renewable energy proje

128、cts in Calhoun County,Arkansas.The solar sites in this project produced 3.3 million kWh of energy cumulatively in their first year and are expected to reduce the companys carbon footprint by 51,472 metric tons over 20 years.GD Land Systems purchased 100%of the power at its parts and manufacturing pl

129、ants in Sterling Heights,Michigan,and Scranton,Pennsylvania,from renewable sources in 2021.In total,it purchased more than 17 million kWh of electricity generated by wind farms,resulting in a reduction of its Scope 2 greenhouse gas emissions by 7,200 metric tons.It has contracts in place to continue

130、 its purchase of renewable energy for these sites.Bath Iron Works started using ocean barges instead of trucks to deliver fuel needed by its newly constructed ships for sea trials.What used to require 26 trucks,each making a 300-mile round trip from Boston to deliver fuel for a single destroyer,can

131、now be accom-plished with a single barge,reducing CO2 emissions by 12 metric tons.Environmental32Scope 3 EmissionsBecause we are a government contractor,many Scope 3 emissions attributable to our com-pany under relevant protocols,both upstream and downstream,are driven by policy choices made by our

132、government customers.For example,armored fighting vehicles,which are built to specifications meant to ensure they function as intended on the battlefield,have emission consequences that are outside of our control.Similarly,government procurement requirements often prescribe certain attributes for th

133、e supply chain such as participation of small business,country of origin and other requirements that have consequences for greenhouse gas emissions from our supply base.For reasons such as these,we are currently unable to accurately measure or set a target for indirect emissions across our entire va

134、lue chain.Where feasible,we apply our established continuous improvement process to reducing Scope 3 emissions.Most notable are our efforts to reduce emissions throughout the life-cycle of the business jets we manufacture,with five clean-sheet aircraft models introduced over the past five years.We d

135、o this by focusing our research and development efforts on achieving better efficiency and fuel performance,ensuring our aircraft can seamlessly use sustainable aviation fuel(SAF)in their operations,and making carbon offsets and book-and-claim services available to our customers.Gulfstream has the m

136、ost fuel-efficient fleet in the industry,producing the lowest carbon emissions per passenger mile of any aircraft we have previously delivered.At multiple sites across the company,employees are offered the opportunity to participate in alternative transportation incentive programs that offer public

137、transportation pass discounts and fuel cost subsidies for vanpool participants.Many of our BUs have codes of conduct for suppliers that specify environmental standards,among other criteria.Gulfstreams supplier code of conduct requires suppliers to have EHS systems to actively manage risk while prote

138、cting the environment and conserving natural resources.2%Aviation 10%Road1%Rail,Ships&Others26%Energy Supply19%Industry14%Agriculture17%Forestry13%Transportation8%Buildings3%Waste.04%Business Aviation Source:Business Aviation Commitment on Climate ChangeBusiness aviation accounts for 0.04%of global

139、CO2 emissions.33 EnvironmentalSustainable Aviation FuelWe are a leader in expanding the use and availability of sustainable aviation fuel(SAF)in business aviation.SAF is a low-carbon fuel blend made from agricultural waste and petroleum-based Jet-A fuel,with less sulfur and fewer fine particle pollu

140、tants than traditional Jet-A.Both Gulfstream and Jet Aviation have made SAF a top priority for their customers.On a gallon-for-gallon basis across the lifecycle,SAF can achieve a more than 80%reduction in greenhouse gas emissions relative to petroleum Jet-A.That lifecycle begins when the agricultura

141、l source becomes waste,continues through the refining process and ends with the fuel burn.The renewable fuel meets the strict sustainability requirements of both the U.S.EPA and the internationally recognized Roundtable on Sustainable Biomaterials(RSB).Jet Aviation has led the services market in off

142、ering access to sustainable fuel for operators of Gulfstream and other business jets.It was the first supplier to offer SAF via a blended fuel option at Van Nuys Airport in 2019 and the first to offer SAF at the World Economic Forum in Switzerland in 2020.Since 2019,Jet Aviation has uplifted more th

143、an 10 million gallons of blended SAF to customers.Jet Aviation also offers a“Book&Claim”program that broadens access to SAF while avoiding the need to transport it physically.Customers can place orders for SAF,after which the volume is tracked and verified,and a certificate of credit for carbon redu

144、ction is issued.This promotes production and future availability of SAF for any customer at any time,even in locations where SAF is not yet available.Both Gulfstream and Jet Aviation are signatories to the World Economic Forums Clean Skies for Tomorrow 2030 Ambition Statement.Among the programs aims

145、 are accelerat-ing the supply and availability of SAF so it can reach 10%of the global jet aviation fuel supply by 2030.Gulfstream was the first business jet aircraft manufacturer to use SAF in daily operations.Since 2016,Gulfstream has used SAF to power its test and demon-stration aircraft,flying n

146、early 2 million nautical miles on the blend.Gulfstream G500 taking flight34Carbon OffsetsBoth Gulfstream and Jet Aviation offer customers the ability to reduce the impact of their carbon emissions by purchasing offsets.Gulfstream also offers its customers the ability to pay an annual fee based on ai

147、rcraft utilization to fund activities that generate an equal reduction in carbon emissions.Based on customers projected annual flight hours,offsets are invested in environmentally beneficial activities such as wind energy,forest management,farm power and recovery of landfill gas.Jet Aviation also pa

148、rticipates in the Carbon Offsetting and Reduction Scheme for International Aviation(CORSIA),EU Emissions Trading System(EU ETS),and other carbon offset and carbon reduction schemes to lower CO2 emissions for international flights to curb the aviation impact on climate change.The engines powering Gul

149、fstream aircraft are the most modern,efficient and environ-mentally responsible in their class.Coupled with the advanced aerodynamics of the Gulfstream wing design,the G500 and G600 offer as much as 32%improvement in fuel efficiency over predecessor models.35 EnvironmentalJet Aviation employeesWe ta

150、ke steps at each location to mitigate the environmental effects of day-to-day operations and manufacturing processes.This includes making efforts to reduce our energy consumption.As a large industrial manufacturer,we are able to leverage both our scale and our innovative processes to drive energy ef

151、ficiency and promote the transition to clean sources of energy.Energy ManagementBath Iron Works procures solar energy credits through a long-term partnership that are expected to ultimately provide 92%of the total electricity consumed at its main ship-yard.This not only reduces our carbon footprint,

152、but also provides financial certainty for the developers constructing six new solar projects across Maine.In 2021:8,567,744 GJ Total Energy Consumed98%Grid Electricity2%Renewable36We are committed to responsible and sustainable use of water by endeavoring to obtain fresh-water and discharge treated

153、wastewater without negatively affecting aquatic ecosystems.An example of our commitment to sustainable water management is Electric Boats process to capture,treat and reuse all of the wastewater at its facility in Quonset Point,Rhode Island.The facility recycles more than 100,000 gallons of industri

154、al wastewater each year by treating it and using it again in manufacturing processes rather than releasing it into the sewer system or sea.To safeguard precious groundwater sources,we aggressively ensure compliance with fed-eral and state regulations,including the EPAs Resource Conservation and Reco

155、very Act(RCRA)Corrective Action Program.Since the inception of this program in 1985,we have sampled,monitored and remediated impacted soil and groundwater at facilities throughout the United States,resulting in the remediation of tens of thousands of tons of impacted soils and millions of gallons of

156、 impacted groundwater.Solid Waste ManagementWe seek to minimize the generation of solid waste by recovering and recycling raw materials wherever possible and disposing of unrecyclable waste in a sustainable manner and in accordance with the strictest waste disposal standards.Water and Wastewater Man

157、agementGD Ordnance and Tactical Systems uses a process to neutralize chemicals used for etching and anod-izing at its plant in Springboro,Ohio.Used chemicals from two separate places on the assembly line are combined,neutralizing each other and significantly decreasing the amount of waste generated

158、and energy consumed.This process also reduces water usage by more than 10 million gallons per year.In 2021:240.5Total Waste Produced(million lbs.)83.8Total Disposed Waste(million lbs.)156.7Total Recycled Material(million lbs.)37 EnvironmentalMany of the products and services we deliver directly enab

159、le our government customers to better understand and manage the environment.For instance,GD Mission Systems provides climate-related product and service offerings to the Department of the Interiors U.S.Geological Survey,the National Aeronautics and Space Agency(NASA),and the National Oceanic and Atm

160、ospheric Administration(NOAA).These include specially engineered instruments and communications devices for observation satel-lites,including the Landsat constellation,which collects data on forests,farms,urban areas and freshwater on the planet.Leaders from across the globe use freely available Lan

161、dsat data to better understand environmental change,manage agricultural practices,allocate scarce water resources,respond to natural disasters and more.GDITs federal portfolio includes programs supporting the EPA and other environmentally fo-cused organizations.These services include consulting in e

162、nvironmental sciences and public health and support of the Western Climate Initiative,the Regional Greenhouse Gas Initiative and other EPA initiatives,including its flagship energy-efficiency ENERGY STAR program.Sustainability Products and ServicesGeneral Dynamics Land Systems recently unveiled the

163、AbramsX,a prototype next-generation main battle tank that consumes 50%less fuel than M1A2 Abrams tanks currently in service.Its reduced weight enables improved mobility and transportability while offering the same tactical range and combat capability.It is supported by a hybrid power pack that enabl

164、es silent operations using an electric motor.General Dynamics Land Systems also introduced the StrykerX technology demonstrator,adding a hybrid diesel-electric power pack to the U.S.Armys primary armored combat vehicle.AbramsX(top)and StrykerX(bottom)38GD Mission Systems provides ground stations,com

165、munications links and mission operations centers for NASAs Earth Observing System(EOS),a series of polar-orbiting and low-inclination satellites for long-term global observations of the land surface,biosphere,solid Earth,atmosphere and oceans.GDIT supplies and maintains NOAAs two supercomputers,whic

166、h provide the environmental data that serve as the basis of all weather forecasts in the U.S.These forecasts are critical for public safety and for the via-bility of the national economy by informing both strategic and tactical decisions about agricul-ture,transportation,energy and climate change.Gu

167、lfstream manufactured the hurricane hunter jet known as “Gonzo.”Operated by NOAA,the jet is a high-tech,high-flying and high-speed platform used for hurricane forecasting and research of the upper atmosphere.(NOAA photo)39NASSCOs Comprehensive Environmental Management SystemGeneral Dynamics NASSCOs

168、comprehensive environmental management system focus-es on conserving resources and preserving the environment while maintaining operating efficiency.The systems robust operating and recordkeeping procedures,environmental communication and education resources,and rigorous self-improvement evaluations

169、 ensure that NASSCO continues to reduce its environmental impacts,improves local air and water quality,and minimizes the use of hazardous materials.Air Quality NASSCO has numerous controls of its production processes to reduce airborne pollutants and protect the local air quality.NASSCO uses welding

170、 methods with lower fume generation and operates exhaust filtra-tion systems that,over time,have reduced emissions of hexavalent chromium by 95%.In addition,its Sustainable Commute Team is helping reduce emissions from employee transportation by encouraging alternative transportation methods such as

171、 vanpool,public transit and biking.Overall,NASSCO completed a total of 15 energy savings proj-ects in 2021,reducing energy consumption by 1.4 million kWh.Water QualityLocated in the San Diego Bay,NASSCO prioritizes protecting water quality by captur-ing and diverting all storm and process water for

172、treatment and discharge to the sewer so that no stormwater flows directly into San Diego Bay.RecyclingNASSCOs reclamation line and recycling program recovers recyclables before waste shipment.In 2021,the program recycled 85%of its hazardous and solid waste leaving the shipyard.NASSCO has reduced its

173、 reliance on diesel equipment to decrease its emissions.The shipyard has more than 90 elec-tric cranes and uses exhausted treatment systems and filters for equipment with large diesel engines.Since 2004,NASSCO has reduced overall diesel emissions by 80%.In 2022,NASS-CO introduced a pilot program to

174、use renewable diesel fuel in the shipyard that lowers particulates by 30%and reduces greenhouse gas emissions by more than 80%compared to traditional diesel fuel.NASSCO was the first commercial shipyard in the U.S.to achieve ISO certification for its comprehensive environ-mental management system.En

175、vironmentalS O C I A L40A shipbuilder at NASSCO41 SocialEngaging and Developing Talent.We engage and develop employees to pre-pare our workforce for the future.With our customers,local governments,colleges,technical and trade schools,and internal and external subject matter experts,we create program

176、s that are tailored to our unique needs and offer employees development opportunities that enhance their present and future potential while delivering excellence to our customers.Onboarding and Mentoring.Meaningful and rapid assimilation into our workforce and continued engagement of our new hires i

177、s essential to our success and the success of our customers.Each business tailors onboarding to align new employees with our Ethos and our culture of continuous improvement.Onboarding includes required training and an overview of company policies and our commitment to providing a safe and ethical wo

178、rk environment.To further engage and develop employees,we offer mento-ring programs across our business.Our development teams use data analytics to match employees with leaders to begin the mentoring relationship.Performance and Recognition.We demand and reward actions that embody our Ethos:ethical

179、leadership,technical innovation,creativity and proven results.Using performance management tools and succession plans,we engage and reward employees and develop future leaders to align with strategic objectives tied to company and customer needs.Wherever possible,compensation is performance-based.Ex

180、pectations are transparent and are reinforced through ongoing feedback and semi-annual and annual reviews.In addition to ongoing and formal reviews,we employ recognition tools to encourage innovation,continuous improvement,creativ-ity,teamwork and commitment to our Ethos.Leaders and peers may nomina

181、te employees to recognize their achievements.By fostering a culture that celebrates and rewards excellence,we encourage employees to bring their best to work every day.Labor Relations.About 20%of our employ-ees are represented by labor unions.Our employees are free to exercise their rights of freedo

182、m of association and collective bargaining.We work to maintain positive relations with our employees representatives and to engage in good-faith negotiations on issues important to our employees,such as wages,benefits,schedules,job progression,health and safety.We have a proven track record of stron

183、g relationships with collectively bargained employees.As agreements expire or issues arise,we work closely with the bargaining units to seek mutually beneficial outcomes.Human Capital In 2021,General Dynamics offered nearly 700 internship opportunities across the company,as well as another 500 tradi

184、tional apprenticeships in manufacturing or design competencies.42Veterans.We are committed to recognizing the unique contributions of those individuals who have served in defense of our nation,and providing opportunities to develop skills that will be valuable to them as civilians.We offer dedicated

185、 ERGs and mentoring programs that assist in attracting,transi-tioning and retaining this critical part of our workforce.More than 17%of our U.S.workforce are veterans.This is more than three times the percentage of veterans in the U.S.civilian labor force.*Source:Department of Labor(https:/blog.dol.

186、gov/2021/11/9/veterans-in-the-labor-force-6-stats)Supporting Veterans.We recognize that military veterans bring unique skills and a strong work ethic to our company.We have several programs to assist service mem-bers in the transition to civilian life through programs that provide training and work

187、experience.These include DoDs SkillBridge program,which allows service members to gain work experience through specific industry training,apprenticeships or intern-ships during their last 180 days of service.Many of the participants go on to become GD employees.At GDIT,newly hired veterans engage wi

188、th other veterans in virtual discussion forums to assist with their transition to the private sector.Forums include smaller mentoring breakout sessions to allow for more hands-on exploration of relevant support tools.Support for National Guard and Reserve Employees.Many of our employees are military

189、 reservists or members of the National Guard.We proudly support them in their service to our nation.We have been recognized for our strong support of these citizen soldier employees.Bath Iron Works received the DoD Pro Patria Award and the Employer Support of the Guard and Reserve(ESGR)Extraordinary

190、 Employer Support Award for its commitment and sustained employer support of National Guard and Reserve service.Bath Iron Works annual Veteran Employee Recognition eventIn 2021,we hired 2,630 veterans of the U.S.armed forces,15%of our total new hires.U.S.Workforce17%VETERANS43Internships and Pipelin

191、e Programs.We partner with local colleges,high schools,trade schools and universities to provide internship and training opportunities,as well as to participate in job fairs.In many cases,we also provide input on curricu-lum so that schools match their programs to meet the skills students will need

192、in the workplace.We provide hundreds of internship opportunities to expose students to real-world projects through hands-on experiences.Each year,we offer hundreds of internships across the company,as well as traditional apprenticeships in manufacturing or design competencies.We have relationships w

193、ith many colleges and universities to offer internships or to participate in job hiring events.These are just a few of the schools we work with:Arizona State University Central State University Florida A&M University George Mason University George Washington University Georgia Institute of Technolog

194、y Grambling State University Hampton University Howard University James Madison University Massachusetts Institute of Technology Morgan State University New York University Northeastern University North Carolina Agricultural and Technical State University Prairie View A&M University Purdue Universit

195、y Savannah State University Technische Universitt Kaiserslautern Tuskegee University University of the District of Columbia University of Southern California University of Texas at Austin Virginia Polytechnic Institute and State University Virginia State UniversityNearly 2,000 of our employees acros

196、s our businesses participate in tuition assistance programs each year to complete formal bachelors or masters degrees.SocialInterns at GDITAt our corporate headquarters in Virginia,we recruit students from diverse backgrounds enrolled at area universities,including Historically Black Colleges and Un

197、iversities.Interns complete a rigorous program that includes leadership training,multiple assessments,cohort team-building and on-the-job training.44Our competitive advantage is our workforce.The unique contributions of each employee are what drive innovation and productivity.We proudly support a cu

198、lture of inclusion and encourage a work environment that respects diverse opinions,values individual skills and celebrates the unique experiences our employees bring to the workplace.We measure workforce trends to establish accountability for continuing to cultivate diverse,equitable and inclusive e

199、nvironments at every level of our company.Our Ethos rooted in respect guides how we engage with each other.We believe that diversity,equity and inclusion make us a better corporation and enhance the value we deliver to stakeholders.We work to continually improve representation of diverse talent at a

200、ll levels of the company so that we reflect the communities in which we operate.Our ongoing efforts include devel-oping ways to attract and retain diverse talent.We gather data about overall demographics,promotions,recruitment and other processes across the employee lifecycle and use that to inform

201、our areas of focus for continued improvement.Who We AreThe following provides the composition of our U.S.workforce,as reported on our 2021 form EEO-1 or as self-reported by our employees,with comparison to the prior year.Diversity,Equity and InclusionIn 2021,38.7%of our new U.S.hires were people of

202、color.GenderMenWomen76.2%23.8%.4pt+.4ptRace/EthnicityAsianBlackHispanicNative AmericanPacific IslanderWhiteTwo or More Races5.6%10.8%9.1%0.4%0.4%72.1%1.7%.1pt+.3pt+.4ptsame.1pt.6pt+.1ptVeteransDisabilitySelf-ID as a veteran of the armed forcesSelf-ID as having a disability17%6%EChange from previous

203、year45HBCU Partnerships.We have expanded our partnerships with Historically Black Colleges and Universities(HBCUs)and other colleges with highly diverse student bodies as part of our ongoing effort to increase diversity through internships and employment.Employee Resource Groups.Across our business

204、units,we cultivate inclusive work environments by sponsoring ERGs and diversity councils.We have 27 ERGs that serve 10 distinct employee segments,with the formal support and sponsorship of senior leaders.Over the past two years,we have seen a marked increase in par-ticipation in established groups a

205、nd have welcomed several new groups.Diversity Partnerships.We partner with several external organizations to help us recruit and develop diverse talent.SocialWe need people with talent,curiosity and passion to help us build some of the most innovative products and solutions to make our world a safer

206、 place.Pride Month event with former U.S.Womens National Soccer Team goalie Briana Scurry46Skills Training.We offer a variety of programs that enable our employees to gain additional skills so they can grow their value to the company.These include programs that grant certificates in key tech-nical a

207、reas.At our shipyards,we offer active learning centers that teach more than 200 skills,allowing shipbuilders to expand their skills in areas such as welding or pipe fitting in a realistic environment.Competency and Leadership Training.We offer various training programs to equip lead-ers with skills

208、and competencies needed to engage technical and manufacturing employ-ees.These range from certificate-granting program management courses to leadership and management development programs that rotate future leaders through different parts of the company.Cultivating Female Talent.We have longstanding

209、 partnerships with many or-ganizations dedicated to increasing the participation of women in our indus-try,including Girls Who Code,STEM for Her,EmpowHer and Women in Aviation,among others.GDITs annual Women+Tech event brings together women at different stages of their careers for an inspiring and e

210、ngaging event that showcases actionable tools,insights and networking to support career growth and mobility.Electric Boats“The Boat for Women”program introduces participants to shipbuilding trades,including welding,machining and pipefitting.47 SocialHealth,Wellness and SafetyGeneral Dynamics is comm

211、itted to providing our employees and their families with the means to lead healthy,productive lives.We invest in their physical,emotional,social and financial well-being to help them achieve their full potential personally and professionally.Our wellness programs provide resources,information,motiva

212、tion and support to empower our employees to manage their health and make informed decisions.Benefits.Our benefits offerings include medical,dental,vision,and prescription-drug coverage;life,survivor,accidental death and dismemberment insurance;short-and long-term disability benefits;multiple tuitio

213、n assistance programs;voluntary benefits,such as legal insurance;identity theft protection;critical illness insurance;accident insurance;and coverage for home,auto and pets.To assist employees with financial wellness,we offer retirement planning counselors and market-competitive 401(k)programs.In ad

214、dition,we offer members access to tax-free flexible spending accounts and health savings accounts.Our Employee Assistance Program(EAP)helps employees access childcare and free counseling.Other programs vary by business and location,reflecting the distinct and diverse needs of our employees,and inclu

215、de everything from biometric screenings,mental wellness and fitness programs to in-person health coaches and a variety of apps that can help employees navigate dif-ficult health care decisions and life changes.Family Support.We recognize the impor-tance that families play in the well-being of our em

216、ployees.We provide a wealth of resources to assist employees seeking to expand their families,such as adoption support benefits,infertility treatment cov-erage and maternity programs.We also offer paid parental leave programs and provide tools and resources for parenting support.Program availability

217、 varies by business unit but may include paid family leave,as well as backup daycare and support in locating caregivers.GDIT employees participate in a blood drive.48*Industry standard numbers are the average of the recordable cases reported by the Aircraft Manufacturing and Shipbuilding&Repairing i

218、ndustries to the U.S.Department of Labors Bureau of Labor Statistics.Safety Data:Industry ComparisonSafety.Maintaining a safe work environment for our employees is paramount.Our policies and standards require that we operate in a way that promotes safety and well-being.Across the business,we take me

219、asures to prevent workplace hazards,enforce a culture of continuous improvement to ensure our pro-cesses help reduce injuries and illnesses,and comply with all applicable health and safety laws.Fifty-seven of our sites operate under ISO 45001,widely regarded as the worlds highest occupational health

220、 and safety standard,and more are in the process of achieving certifi-cation.Under ISO 45001,workplace safety is not a stand alone issue but rather an integral part of the business strategy to maintain a sustainable organization.As a result of our efforts,many of our business units have been recogni

221、zed for their success in promot-ing health and safety among their workers.Recordable Case RateAbsence Case RateYearIndustry StandardGeneral DynamicsIndustry StandardGeneral Dynamics20133.302.691.400.8120142.852.651.300.7920153.052.251.250.7220162.801.901.250.5820172.651.641.250.4420182.351.831.150.5

222、420192.202.101.050.5320202.401.641.500.4720213.402.172.300.74Our safety record is consistently better than industry standards.NASSCO employee49 SocialProduct Safety.Our customers use our products from nuclear-powered subma-rines to high-speed,long-range business jets to perform no-fail missions,and

223、we never compromise on safety.True to our Ethos,we commit to providing our customers with products that raise the bar for safety,performance and quality.Our purposeful investment in research and development propels superior design that incorporates the latest in safety solutions and includes technol

224、ogical advances to create a competitive edge.3,0002,5002,0001,5001,000500035,00030,00025,00020,00015,00010,0005,000020001920202021ABSENCE CASESRECORDABLE CASESLOST WORK DAYSSince 2013INJURIES-23%LOST WORK DAYS-40%CasesDaysJet Aviation employee50We recognize the fundamental huma

225、n dignity of all people.As a company with operations and suppliers around the world,we place a high priority on respect for basic human rights in our business activities,and this core value is embedded at all levels of our business.Our corporate Ethos demands responsible and ethical practices,which

226、include respecting the dignity of the work conducted on our behalf by business partners.We do not discrimi-nate.We value the diversity of our workforce.We respect the rule of law.Moreover,we recognize the special responsibility that comes with providing products and services with lethal capabilities

227、,and we strive to comply rigorously with applicable laws and requirements regarding product safety and end use.In our complex and international business,some circumstances may be subject to potentially competing imperatives.In carrying out our core commitment to human rights,our North Star is U.S.la

228、w and policy.Due Diligence.Risk-based due diligence is an important part of our approach to identifying,assessing and mitigating risk.By taking prudent steps to understand the proposed parties and nature of proposed engagements or transactions,we strive to consider the implications of our business a

229、ctivities prior to entering into them.Human rights risks,like other risks associated with any engagement or transaction,are in-cluded within this well-established approach to addressing risks.Risks related to human rights may arise in a variety of areas of a particular engagement or transaction,from

230、 supply chain conduct to environmental implications of operations.Accordingly,our due diligence is focused on particular risks rather than human rights generally.Human RightsGiven our role as a core supplier to the U.S.government and military,we are legally,ethically and morally bound to support its

231、 foreign and defense policies.NASSCO shipyard in San Diego51 SocialThe nature and location of our business activities serve to mitigate or avoid certain risks.For example,most of our supply chain is concentrated in the United States,where there are fewer concerns about modern slavery or child labor.

232、Our risk-based due diligence efforts scale in proportion with the degree of potential risk.For example,we do not conduct customer-based due diligence for our U.S.government sales.Following this risk-based approach,our due diligence may focus on:Identity of the party or parties involved the transacti

233、on,including potential end users of products or services Beneficial ownership of party or parties Impacts of U.S.and other applicable export laws and sanctions on the proposed party or parties,engagement or transaction,including restrictions on end use,end users or retransfers Legal structure,locati

234、on of business operations,and related entities of those involved in the transaction Qualifications and ability to perform relevant obligations by relevant party or parties Supplier quality and compliance,including conflict minerals and labor practices Counterparty labor standards and compliance with

235、 occupational and health requirements Environmental impacts and compliance with environmental laws and regulations Anti-corruption or anti-money laundering risks associated with the party or parties,engagement or transaction,including relations with government officials or political candidates Finan

236、cial,cyber or operational risks associated with the relevant engagement or transaction Other regulatory or reputational risks associated with the party or parties,engagement or transactionWe tailor our efforts to the particular due diligence focus area and related risks.We use a variety of tools,tec

237、hniques and analyses to identify and assess the risk of a proposed engagement or transaction.For example,depending on the engagement or transaction and focus of the due diligence,we may use:Screening of relevant parties against government-issued lists of individuals,entities and countries subject to

238、 concerns,prohibitions,sanctions or regulatory enforcement End-use certifications Site visits and meetings Engagement of specialized external advisers Third party audit or investigative services Surveys,self-assessments or interviews of parties involved in the transaction Reference checks Specialize

239、d database searches Open source and web searches for adverse media Review of financial records,banking information,legal and corporate records and credit checks Anti-corruption or conflict of interest statements or certifications Financial analyses Legal assessments52Red flags regarding potential le

240、gal,policy,regulatory,reputational or operational risk are escalated within our robust risk management structure.Where appropriate,we conduct further,enhanced due diligence.The results of due diligence and potential risks are assessed by management from relevant functions such as operational managem

241、ent,human resources,legal,international trade compliance,finance,engineering,health and safety,manufacturing,and supply chain.Engagements or transactions presenting significant risks are escalated to senior management in accordance with our risk management framework.End-Use Risk.We are transparent a

242、nd accountable regarding our commitments to human rights.Our mature and sophisticated process identifies and addresses material risks,including those related to human rights.We understand and take seriously the fact that many of our products and services have the capacity to take human life.Our prin

243、cipled approach to addressing end-use risk closely follows U.S.national security and foreign policy and strictly adheres to applicable export law.U.S.laws and regulations governing the export of weapons and other defense articles reflect U.S.defense and foreign policy,which includes the promotion an

244、d protection of human rights and international humanitarian law.This export regime contains express provisions addressing end-use risk of defense articles,including exacting eligibility criteria for non-U.S.purchasers,clear limits on permitted uses of exported defense articles,active end-use monitor

245、ing and reporting of transactions to Congress.We have a rigorous compliance process,including comprehensive due diligence and approval processes,to ensure that we follow these laws.End-Use Monitoring.When GD products are transferred to foreign allies,the U.S.government tracks their status and confir

246、ms their users trustworthiness throughout the products lifecycles.Responsibility for end-use monitoring of foreign military sales falls under the DoDs Golden Sentry program,while the responsibility for direct commercial sales is within the purview of the Department of States Blue Lantern program.The

247、 Department of Commerce monitors potential dual-use items.All share the following goals:to ensure that foreign nations use products for their intended purpose,that they receive U.S.approval for transfer to third-par-ties and that they provide adequate security.Specific end-use monitoring measures in

248、clude quarterly inventory reports,serial number verification for particularly sensitive items and physical inspections by U.S.embassy personnel.We want our products to be used in the right way,by the right people.We fully support U.S.government laws and policies on the transfer of weapons to partner

249、 nations,which include comprehensive end-use monitoring.53 SocialThough our company spans continents,we never lose sight of the communities where we live and work.Our businesses invest in and promote involvement at the local level to make our communities better,whether that is through improving educ

250、ation and social services;promoting health,arts and culture;supporting policies to strengthen our national security;helping those in need;or assisting veterans and their families.Supporting our communities.Each business unit participates in community outreach and support efforts that align with loca

251、l community needs.Employees choose programs and organizations to support based on what is important to them,then organize the donation of time,goods and services.These programs support places,such as local chapters of the United Way,the YMCA or organizations like Jills House in the D.C.metro area,wh

252、ich celebrates and provides support for children with special needs and their families.Other initiatives include:Gulfstreams cloud-based giving program,called“Gulfstream for Good,”provides a company match for donations made to the charity or nonprofit of employees choice.Between pledges and company

253、match,the program has provided more than$1.5 million to local charities.Through the“GDIT Cares”program,employees performed more than 30,600 hours of service in 2021,including participating in an annual back-to-school drive,holiday giving campaign and STEM education.GDIT also makes a monetary donatio

254、n to organizations where a GDIT employee has volunteered for 15 hours or more.Bath Iron Works provides frozen turkeys to employees and area food banks at Thanksgiving,supporting community dinners for those in need.Many employees opt to donate their turkeys to area food banks and community organizati

255、ons.CommunitiesOur philanthropy and volunteer efforts focus on:1.Education&Social Services2.Arts&Culture3.Service Member Support NASSCO firefighters conduct an annual“Fill the Boot”drive to raise funds for burn survivor support services,including“Camp Beyond the Scars”for burn-injured children and b

256、urn-prevention educational activities.54Educational Outreach.A key element of our community outreach is support for ed-ucation,especially in the STEM fields.Our employees volunteer their time,talent and expertise to teach and train future mem-bers of the workforce,leading robotics clubs and rocketry

257、 competitions,and mentoring college students and interns.Facilitating strong knowledge and understanding of STEM concepts,particularly in underserved communities,is crucial to building a pipeline of talent for a productive society and our future workforce.GDMS donated 250 mixed reality smart glasses

258、 to the University of Central Florida for students to use in research pursuits.GD Land Systems employees mentor students at the Ohio State Universitys engineering technology program that introduces students to STEM-specific topics and offers visits to GD facilities to demonstrate how STEM is integra

259、ted into their jobs.Gulfstream has partnered with EAA AirVenture Oshkosh to provide more than 150 educators with workshops and presentations on ways to integrate aviation and STEM into teaching curricula.Military Outreach.We support several orga-nizations and events that honor and provide assistance

260、 to those who have served.These include:The Association of the United States Army(AUSA)Army Ten-Miler,which raises funds for the Army Family and Morale,Welfare and Recreation program The National Military Family Association,which strives to stand up for,support and enhance the quality of life for ev

261、ery military family The Semper Fi Fund,which provides urgently needed resources and support for combatGDIT employees lay wreaths at Arlington National Cemetery as part of the Wreaths Across America program.GD Ordnance and Tactical Systems employees pack food items,travel-size toiletries and other su

262、pplies to send overseas to deployed troops as part of Operation Military Matters.55In 2021,we engaged with members of Congress regarding the proposed federal tax credit for SAF,including in the Sustainable Skies Act.The legislation would provide a tax credit for SAF that achieves at least a 50%reduc

263、tion in lifecycle GHG emissions compared to conventional jet fuel.We have also communicated our support for a federal grant program administered by the Department of Transportation to lawmakers.The program would provide funding to help stand up facilities to produce SAF and develop new aviation tech

264、nologies that would reduce greenhouse gas emissions.SocialPolitical EngagementGeneral Dynamics Corporation does not make political contributions.We offer eligible employees in the U.S.the opportunity to make voluntary political con-tributions through a political action committee(PAC).The General Dyn

265、amics Employee PAC is organized and operated on a strictly voluntary,nonpartisan basis and is registered with the Federal Election Commission(FEC).The PACs political contributions are re-ported to the FEC,where they become a matter of public record and are available for review online.PAC contributio

266、ns are subject to a robust internal review process to ensure they represent the best interests of General Dynamics employees.In addition,internal financial controls exist to ensure compliance with federally mandated contribution limits.Our employee PAC invests contributions in candidates based on:Su

267、pport for national security and aerospace Representation in districts and states where General Dynamics facilities,suppliers or employees are located Membership on key committees legislating on issues of importance to General Dynamics Leadership positions Prior military or aerospace industry experie

268、nceAs a foundational principle,our employee PAC refrains from partisan politics,remaining focused on national security and on advocating for the success of GD and its employ-ees.That means we give to members of both parties,and we delink our support from issues unrelated to our core business.We do n

269、ot contribute to presidential campaigns,“super PACs,”or other 527 or 501(c)(4)organizations.Our employee PAC will not support members of Congress who provoke or incite violence or similar unlawful conduct.To ensure compliance with all applicable laws relating to political activities and effec-tive c

270、orporate governance,we follow a strict policy governing lobbying practices.This includes tracking and reporting lobbying costs and expenses as nondeductible for tax purposes and unallowable for purposes of U.S.government contracts.56We are committed to safeguarding employee,customer,national securit

271、y and third-party information entrusted to our care.We have a proactive and robust information security program.Our priority is to protect sensitive information from potential internal and external threats targeting our systems and data.Consistent with our decentralized business model,each business

272、unit designs and oper-ates its own information security program tailored to its market,customer requirements and threats while maintaining compliance with centrally defined policies and standards.We review and update our policies and standards to address changes in federal government requirements,em

273、erging commercial best practices and the latest evolving cyber threats.To guide our programs addressing the dynamic nature of cyber threats,the Cyber Council collaborates across the company to recommend policy updates,support executive deci-sion-making on cybersecurity matters and address strategic

274、cyber threats to our business.Reporting directly to the chairman and CEO,the Cyber Council seeks to enhance our defenses and mitigate advanced and persistent threats to our information systems.We have experienced cyberattacks in the past and strive for continuous improvement in our policies,procedur

275、es and practices in light of evolving threats.While there is no assur-ance that our actions including the timeliness of our efforts or those of third parties on which we rely will be sufficient to detect,prevent and/or mitigate future cyberattacks,as part of our information security program,our busi

276、nesses protect our company from cyber threats by:Identifying cyber threats and critical information assets Implementing cybersecurity prevention,detection and response controls Incorporating cyber risk assessment practices into program activities Integrating cyber risk management into business risk

277、governance practices Engaging with suppliers to address supply chain cyber risks and enable their complianceCybersecurity and Data PrivacyGDIT employees57 SocialWe monitor our programs effectiveness by performing audits and leveraging commer-cial tools and outside experts to assess our cybersecurity

278、 posture and health,to include conducting cyber penetration testing.The corporate information security team makes regular reports to management and the board on the maturity and performance of our cybersecurity programs.As a large,well-known aerospace and defense contractor,we face numerous cybersec

279、urity threats,including threats to our IT infrastructure and attempts to gain access to information in our care.We also design and manage IT systems for customers,and many of the products we manufacture contain IT systems that are subject to those same threats.Recognizing that every employee plays a

280、 critical role on the frontline of our cyber defenses,we conduct regular cybersecurity awareness training on detecting and reporting suspicious activity.We also engage with our supply chain partners to help raise their awareness of the threats facing the defense industrial base and to help increase

281、their ability to defend against them.We leverage our experience as a leading cybersecurity provider for national defense cus-tomers to continually evolve and enhance our cyber defenses,seeking to monitor,manage and avoid risks to the information on our systems and networks.Moreover,we commit to cont

282、inuously improving our cybersecurity capabilities and those of our supply chain partners.Data Privacy and Protection.Like all businesses,we handle data that may include personal and sensitive information about our employees,our customers and third parties.Safeguarding this information is a responsib

283、ility we take seriously.Our data privacy programs are designed to address the challenges of expanding national and global privacy regulation,the growth in volume and sensitivity of privacy data and the increased use of third-party vendors.Core tenets of our program include collecting minimal amounts

284、 of information necessary to meet our business needs and seeking to ensure that the information we have is used exclusively for valid business purposes in accordance with written policies and procedures.We regularly monitor and update our policy to maintain compliance with national and global data p

285、rivacy laws and regulations.We also leverage the maturity of our general cybersecurity program with additional targeted privacy controls to protect privacy information against unauthorized access,use or disclosure.To protect the confidentiality and integrity of our products and services,and to ensur

286、e we do not inadvertently abet cyber attackers,we typically do not publicly disclose information about breaches that are not of a material nature.We col-laborate and share intelligence with government,suppliers and industry peers through a central hub that monitors threat activity.We report cyber in

287、cidents to our customers and in accordance with regulatory or legal requirements.58Some of our recent accolades include:American Council for Technology and Industry Advisory Council (ACT-IAC)Innovation Impact Award Clearance Jobs Top 25 Veteran-Friendly Businesses in National Security Disability Equ

288、ality Index Best Places to Work Fast Company 100 Best Workplaces for Innovators Forbes Americas Best Employer for Diversity Forbes Americas Best Employers Forbes Americas Best Large Employers Forbes Americas Best Management Consulting Firms Forbes Best Employers by State:Connecticut,Massachusetts,Vi

289、rginia Forbes Best Employers for Veterans Forbes Canadas Best Employers Forbes The Worlds Best Employers Fortune Blue Ribbon Companies Fortune Worlds Most Admired Companies Handshake Early Talent Award Leading Employers Top 1%of Employers in Germany Military Friendly Gold Military Friendly Employer

290、Military Friendly Top Ten Supplier Diversity Program Military Times Best for Vets:Employers Payscale Best Gen Y Employers Professional Womens Magazine Top Employer Professional Womens Magazine Top Supplier Diversity Programs United Way Live United Award of Excellence U.S.Department of Labor HIRE Vet

291、s Gold Award U.S.Veterans Magazine Top Supplier Diversity Programs U.S.Veterans Magazine Top Veteran-Friendly Companies VETS Indexes 5-Star Employer Washington Business Journal Business of Pride Award for Advancing LGBTQ+Equality Washington Business Journal Corporate Diversity Index Washington Post

292、Top Workplaces WayUp Top 100 Internship ProgramsH O N O R S A N D A W A R D SWe are proud to be consistently recognized as a world-leading employer.59 IndexWhere practicable,we seek to follow the disclosure topics and accounting metrics established by the Sus-tainability Accounting Standards Board(S

293、ASB).Although SASB is currently being consolidated under the IFRS Foundation,through the new international Sustainability Standards Board(ISSB),SASB standards remain the standard for sustainability reporting and disclosure.Below are the SASB standards for the Aerospace&Defense sector,with links to r

294、elevant information.I N D E XMetric CodeAccounting MetricReport LocationEnergy ManagementRT-AE-130a.1(1)Total energy consumed,GJ(2)Percentage grid electricity,%(3)Percentage renewable,%(1)8,567,744 GJ(2)98%(3)2%Energy ManagementWaste ManagementRT-AE-150a.1Amount of hazardous waste generated,per-cent

295、age recycled29%of 18,199 tons of hazardous waste were recy-cled throughout the enterprise.RT-AE-150a.2Number and aggregate quantity of reportable spills,quantity recovered,kgNot centrally reported.We promptly report all suspected or confirmed spills to the appropriate environmental authority.Data Se

296、curityRT-AE-230a.1Number of data breaches,percentage involv-ing confidential informationNone of a material natureRT-AE-230a.2Description of approach to identifying and addressing data security risks in company operations and productsCybersecurity and Data PrivacyProduct SafetyRT-AE-250a.1Number of r

297、ecalls issued,total units recalledNoneRT-AE-250a.2Number of counterfeit parts detected,percent-age avoidedWe promptly report all suspected or confirmed cases to the government and/or the customer.Global Supply ChainRT-AE-250a.3Number of Airworthiness Directives received;total units affectedThe most

298、recent information is available from the FAA.RT-AE-250a.4Total amount of monetary losses as a result of legal proceedings associated with product safetyNone of a material nature60Fuel Economy&Emissions in Use-PhaseRT-AE-410a.1Revenue from alternative energy-related prod-ucts,USDNot disclosedSustaina

299、ble Products and ServicesRT-AE-410a.2Description of approach and discussion of strategy to address fuel economy and GHG emissions of productsEnvironmentalSustainable Products and ServicesMaterials SourcingRT-AE-440a.1Description of the management of risks associ-ated with the use of critical materia

300、lsMaterials SourcingBusiness EthicsRT-AE-510a.3(1)Total amount of monetary losses as a result of legal proceedings associated with incidents of corruption,bribery and/or illicit international trade(2)Revenue from countries ranked in the“E”or“F”Band of Transparency Internationals Government Defence A

301、nti-Corruption Index(3)Discussion of processes to manage busi-ness ethics risks throughout the value chain(1)None(2)We do not have direct defense business with any of these countries outside of that overseen by the U.S.governments Foreign Military Sales or Direct Commercial Sales process,or equiva-l

302、ent allied country processes.(3)Global Supply ChainActivity MetricsRT-AE-000.AProduction by reportable segmentAircraft deliveries in units are reported in our 10-K.Deliveries of ships,combat vehicles and other sys-tems are reported as applicable by our government customers.Review of Operating Segmen

303、ts(10-K)RT-AE-000.BNumber of employees101,700(as of December 31,2021)About Us61 IndexIn addition to the SASB Aerospace and Defense items above,we also report on the following items.Greenhouse gas emissions (1)Scope 1 (2)Scope 2 (3)Scope 3Reducing Greenhouse Gas EmissionsSafety (1)Recordable cases (2

304、)Absence cases (3)Lost work daysHealth,Wellness and SafetyDemographicsOur full EEO-1 report is posted online at GD.com.Diversity,Equity and InclusionIn accordance with ISO 14064,General Dynamics engages a third party to provide independent verification of our GHG emissions information.2021 data has

305、been independently verified by Apex Companies,LLC.A copy of the verification opinion declaration is available on the General Dynamics website.We are committed to collecting,assessing and making available data about our company in order to keep inves-tors,employees,customers,suppliers,communities and

306、 other stakeholders informed.Supporting documents,to include our Annual Report,Proxy Statement,Equal Employment Opportunity report(EEO-1),CDP questionnaire and independent verification statements,are available at StatementsThis report may contain information about the companys expectations of future

307、 performance,including future financial or operating performance.This information constitutes“forward-looking statements”within the meaning of the Private Securities Litigation Reform Act of 1995,as amended.Forward-looking statements are based on managements current expectations,estimates,projection

308、s and assumptions.These statements are not guarantees of future performance and involve risks and uncertainties that 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 in

309、formation regarding these factors is contained in the companys filings with the Securities and Exchange Commission(SEC),including our Annual Report on Form 10-K,our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K.All forward-looking statements speak only as of the date they were m

310、ade.General Dynamics does not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events,circumstances or changes in expectations after the date of this report.Except where otherwise noted,the information covered in this report highlights

311、 the companys performance and initiatives in fiscal year 2021.Calculations and statistics included in this report are in part dependent on the use of estimates and assumptions based on historical levels and projections and are therefore sub-ject to change.Statements regarding General Dynamics goals,

312、commitments and objectives,including related statistics or metrics,may be based on estimates and assumptions under developing standards that may change in the future.Such goals and commitments are not intended to be promises or guarantees and actual results may differ materially.This report has not

313、been externally assured or verified by an independent third party.The inclusion or absence of information in this report should not be con-strued to represent the companys belief regarding the materiality or financial impact of that information.This report may also contain links to internet sites of

314、 or references to third parties.Such links or references are not incorporated by reference to this report and we can provide no assurance as to their accuracy.Further,the use or inclusion of such information is not intended to represent endorsements of any products or services.The appearance of U.S.Department of Defense photos does not imply or constitute DoD endorsement.Our Commitment to TGeneral Dynamics Corporation11011 Sunset Hills RoadReston,VA 20190