COVID Stimulus Watch Individual Entry
Recipient Company:
METRO MACHINE CORP
Contract Amount:
$34,513,493
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: GD)
Facility Street Address: 200 LIGON ST
Facility City: NORFOLK
Facility State: VA
Facility Zip Code: 235231000
Facility Congressional District: VA-3
Facility NAICS Code: 336611 : Ship Building and Repairing
Award Details
Award Date: Aug 12, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: NON-NUCLEAR SHIP REPAIR (EAST)
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: General Dynamics
Headquartered in: Virginia
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 102,900
Accountability Issues Since 2010
Employment-related Penalties: $18,802,959
Government-contracting-related Penalties: $202,455,087
Environmental / Healthcare / Safety Penalties: $4,093,142
Ratio of CEO Pay to that of Median Worker: 157 to 1
CEO Compensation: $18,313,204
Worker Median Pay: $116,510
Total Federal, State, and Local Subsidies: $312,906,870
Federal Corporate Income Tax Rate: 17.0%
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