Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBS Securities Inc. and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering by General Dynamics Corporation of $900 million aggregate principal amount of 1.00% notes due 2017, $1 billion aggregate principal amount of 2.25% notes due 2022 and $500 million aggregate principal amount of 3.60% notes due 2042. The notes are fully and unconditionally guaranteed by certain subsidiaries of General Dynamics.
Headquartered in Falls Church, Virginia, General Dynamics offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding; and communications and information technology.
The Davis Polk corporate team included partner Richard A. Drucker, associate Phoebe Nel and law clerk Andrew Rowe. Counsel Alon Gurfinkel and associate Sarah Joy provided tax advice. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Kristyn M. Dunleavy was the legal assistant on the transaction. Members of the Davis Polk team are based in the New York and London offices.
