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.