shaking hands with:
President Bush, center, shakes hands with Nicholas D. Chabraja, Chairman and Chief executive Officer of General Dynamics and Vice Chairman, Ford's Theatre's Board of Trustees, as he arrives to attend Ford's Theatre Gala at the National Theatre Sunday, June 1, 2008 in Washington.
(AP Photo/Pablo Martinez Monsivais)
And a lot more about the person he is with:
In 1999 Chabraja tried his most audacious purchase, the acquisition of Newport News Shipbuilding, makers of nuclear submarines, in a deal agreed to by Newport News management. All seemed well, with shareholders of Newport News happy, but the deal was blocked by the federal government, which wanted to avoid General Dynamics' having a monopoly on the manufacture of America's nuclear submarines. In spite of that setback, Chabraja led the purchase of an ailing maker of private jets, Gulfstream Aerospace Group, concluding the deal on July 30, 1999, for $4.8 billion. Chabraja reduced the size of the company's management and initiated a program of cutting expenses. By 2002 Gulfstream accounted for 40 percent of General Dynamics' profits.
In 2001 General Dynamics bought Motorola's defense unit, which with General Dynamics' fiber optic cable business enabled General Dynamics to improve wiring and communications systems on its ships and in its tanks. In 2002 General Dynamics had $13.8 billion in sales, netting $917 million. On August 8, 2002, the board of directors of General Dynamics extended Chabraja's contract by three years, to 2005.
On March 4, 2003, General Dynamics purchased General Motors' defense division, which made armored vehicles—a good fit with General Dynamics' Land Systems' M1 tank manufacturing. On August 12, 2003, General Dynamics purchased Veridian, an information technologies company that complemented its fiber optics and communications businesses. In 2003 General Dynamics had $16.6 billion in sales, netting $1.004 billion. By 2004 the company employed 67,600 people, up from 9,000 when Chabraja had joined the company.
http://www.answers.com/topic/nicholas-chabraja?cat=biz-finDecember 3, 2006
Guest List for a White House Reception for the Kennedy Center Honors Hosted by the President and Mrs. Bush
Mr. Nicholas D. Chabraja, Chairman and CEO, General Dynamics, Falls Church, VA
Mrs. Eleanor Chabraja
http://www.whitehouse.gov/news/releases/2006/12/20061203.htmlLaura Bush Celebrates Reading
First Lady Speaks at Library in ‘Everybody Wins' Program
First lady Laura Bush, joined by Sens. James Jeffords (R-Vt.) and Ted Kennedy (D-Mass.), Dr. Billington and journalist Bob Woodward, spoke out on behalf of literacy, reading and libraries at the Library on March 20.
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NBC Television's Barbara Harrison moderated the event, which was cosponsored by the Library's Center for the Book and Everybody Wins! D.C., the largest literacy mentoring program in the Washington metropolitan area. The evening's theme was "Celebrating the Children of Our Nation's Capitol."
In his introduction of Mrs. Bush, Dr. Billington praised her "quiet, persistent and effective way of supporting education and what is best about Americans," noting that "we have much to learn from her example and her determination."
Mrs. Bush praised the one-on-one tutoring program of Everybody Wins! D.C. and called attention to the president's plans to emphasize education and reading.
Other speakers in the program, which was filmed by C-SPAN for weekend viewing on Book-TV, included Center for the Book Director John Y. Cole, Joanie Chase and Mary Salander of Everybody Wins! D.C., and Nick Chabraja, chairman and CEO of General Dynamics, an Everybody Wins! D.C. participant and supporter.
Everybody Wins! D.C. was launched by members of the House and Senate in 1995 with 40 volunteers reading to students in two schools on Capitol Hill. Today more than 1,400 children are being served in schools throughout the region, and more than 400 congressional staff and several members of Congress, including Sens. Jeffords and Kennedy, read in the program each week.
http://www.loc.gov/loc/lcib/0104/everybody_wins.html