If GD sells all the assets it has put on the block, it will go from an $8.75 billion company (by 1991 sales) to a $6 billion company - if its remaining businesses continue at their current sales rate, which is unlikely in today's defense spending climate.

A Giant Holds on by Going to Pieces

FORT WORTH – When there was a Soviet Union, General Dynamics F-16s, Trident submarines, Abrams tanks and cruise missiles were major players in America’s defensive strategy against its superpower foe. Now that the Berlin Wall has crumbled, the Soviet Union is shattered and U.S. defense spending is being pared, GD is shrinking.

In November 1989, GD acknowledged that F-16 production had fallen as many as 20 planes behind schedule because of production problems. The problems cost GD millions of dollars in delayed government payments, contract adjustments and overtime pay.

Air Force Blasts GD for F-16 Production Woes

FORT WORTH – In a harshly worded letter to top management, the Air Force has asked General Dynamics Corp. to correct problems in F-16 production in Fort Worth that the government says could hinder the company’s efforts to keep building its primary jet fighter on schedule.

Motor Trend magazine named the Cadillac Seville Touring sedan the 1992 Car of the Year.

Steady Steering for Cadillac

ARLINGTON – The turmoil in General Motors’ executive ranks won’t hurt the launch or lifespan of the all-new, Arlington-made Cadillac Fleetwood, the general manager of GM’s luxury division said yesterday.

George Banke's bikes are being ridden by some of the top cyclists in Texas and elsewhere, including several female riders who compete with Natalie Banke.

Wheels of Fortune

FORT WORTH – George Banke and wife, Betty, founded Banke Racing Works, a little Fort Worth company that is quickly building one of the biggest names in custom-made bicycles in Texas and the Southwest. Their clients have included enthusiasts to competitive world class athletes.

The prospect of Supreme Court vacancies is worrying some conservatives, legal experts say, because Republican presidents appointed the three jurists who are considered most likely to retire - Rehnquist, 72; Stevens, 76; and O'Connor, 66.

Election Will Steer Nation’s Judicial Direction

WASHINGTON – The outcome of tomorrow’s presidential election could affect the nation’s judicial system well into the next century. Legal experts believe that as many as three Supreme Court justices could retire in the next four years, allowing the next president to give an ideological tilt to the nation’s highest court.