Raytheon in quick succession Dallas-based E-Systems (1995), Chrysler Corporation's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of Texas Instruments—Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic
General Dynamics 1993, which was one of the Western world's most-produced jet fighters. Production was sold to Lockheed Martin, but GD re-entered the airframe business in 1999 with its purchase of Gulfstream Aerospace. General Dynamics traces its ancestry to John Philip Holland's Holland Torpedo Boat Company. This company was responsible for developing the U.S. Navy's first modern submarines, built at Lewis Nixon's Crescent Shipyard in Elizabethport, New Jersey. The revolutionary submarine boat "Holland VI" was built there, its keel being laid down in 1896. Crescent's superintendent and naval architect Arthur Leopold Busch supervised the construction of this submarine, which was launched on