Page "General Dynamics" Paragraph 23

Henry Crown, still GD's largest shareholder, died on 15 August 1990.

Following this, the company started to rapidly divest its under-performing divisions under CEO William Anders.

Cessna was re-sold to Textron in January 1992, the San Diego missile production to General Motors-Hughes Aerospace in May 1992, the Fort Worth aircraft production to Lockheed in March 1993 ( a nearby electronics production facility was separately sold to Israeli-based Elbit Systems, marking their entry into the United States market ), and its Space Systems Division to Martin Marietta in 1994.

The remaining Convair Aircraft Structure unit was sold to McDonnell Douglas in 1994.

The remains of the Convair Division were simply closed in 1996.

GD's exit from the aviation world was short-lived, and in 1999 the company acquired Gulfstream Aerospace.