SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant To Rules 13d-1 And 13d-2
Under the Securities and Exchange Act of 1934
(Amendment No. 2)*
General Dynamics Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
369550 10 8
(CUSIP Number)
Check the following box if a fee is being paid with the statement
[ ].
(A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
____________________
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following page(s))
<PAGE>
CUSIP No. 369550 10 8 13G
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1
Warren E. Buffett ###-##-####
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
2
(b) [X]
SEC USE ONLY
3
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States Citizen
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 5,716,900 Shares Common Stock
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON -0-
WITH
8 SHARED DISPOSITIVE POWER
5,716,900 Shares Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,716,900 Shares Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.1% of Common Stock (see response to Item 4)
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 369550 10 8 13G
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1
Berkshire Hathaway Inc. 04-2254452
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
2
(b) [X]
SEC USE ONLY
3
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware Corporation
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 5,716,900 Shares Common Stock
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON -0-
WITH
8 SHARED DISPOSITIVE POWER
5,716,900 Shares Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,716,900 Shares Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.1% of Common Stock (see response to Item 4)
12 TYPE OF REPORTING PERSON*
HC, CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 369550 10 8 13G
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1
National Indemnity Company 47-0355979
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
2
(b) [X]
SEC USE ONLY
3
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Nebraska Corporation
5 SOLE VOTING POWER
NUBER OF -0-
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 4,961,300 Shares Common Stock
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON -0-
WITH
8 SHARED DISPOSITIVE POWER
4,961,300 Shares Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,961,300 Shares Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9% of Common Stock (see response to Item 4)
12 TYPE OF REPORTING PERSON*
IC, CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 369550 10 8 13G
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1
National Fire and Marine Insurance Company 47-6021331
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
2
(b) [X]
SEC USE ONLY
3
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Nebraska Corporation
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 755,600 Shares Common Stock
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON -0-
WITH
8 SHARED DISPOSITIVE POWER
755,600 Shares Common Stock
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
755,600 Shares Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.2% of Common Stock (see response to Item 4)
12 TYPE OF REPORTING PERSON*
IC, CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
General Dynamics Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
3190 Fairview Park Drive
Falls Church, Virginia 22042
Item 2(a). Name of Persons Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
Warren E. Buffett
1440 Kiewit Plaza
Omaha, Nebraska 68131
(United States Citizen)
Berkshire Hathaway Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
(Delaware Corporation)
National Indemnity Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
National Fire and Marine Insurance Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
369550 10 8
<PAGE>
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act:
Not applicable
(b) [ ] Bank as defined in Section 3(a)(6) of the Act:
Not applicable
(c) [X] Insurance Company as defined in Section
3(a)(19) of the Act:
National Indemnity Company
National Fire and Marine Insurance Company
(d) [ ] Investment Company registered under Section 8
of the Investment Company Act:
Not applicable
(e) [ ] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940:
Not applicable
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund:
Not applicable
(g) [X] Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G):
Berkshire Hathaway Inc.
Warren E. Buffett (individual who may be
deemed to control Berkshire Hathaway
Inc.)
(h) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(H):
Not applicable.
<PAGE>
Item 4. Ownership
Warren E. Buffett
(a) Amount Beneficially Owned: 5,716,900 shares
Common Stock.
(b) Percent of Class: 9.1% of Common Stock.**
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
none.
(ii) shared power to vote or to direct the
vote: 5,716,900 Shares Common Stock.***
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct the
disposition of: 5,716,900 Shares Common
Stock.
Berkshire Hathaway Inc.
(a) Amount Beneficially Owned: 5,716,900 shares
Common Stock
(b) Percent of Class: 9.1% of Common Stock.**
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
none.
(ii) shared power to vote or to direct the
vote: 5,716,900 Shares Common Stock.***
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct the
disposition of: 5,716,900 Shares Common
Stock.
<PAGE>
National Indemnity Company
(a) Amount Beneficially Owned: 4,961,300 shares
Common Stock.
(b) Percent of Class: 7.9% of Common Stock.**
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
none.
(ii) shared power to vote or to direct the
vote: 4,961,300 shares Common Stock.***
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct the
disposition of: 4,961,300 shares Common
Stock.
National Fire and Marine Insurance Company
(a) Amount Beneficially Owned: 755,600 shares
Common Stock
(b) Percent of Class: 1.2% of Common Stock.**
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
none.
(ii) shared power to vote or to direct the
vote: 755,600 Shares Common Stock.***
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct the
disposition of: 755,600 Shares Common Stock.
_______________
** Percentages based on 63,080,147 shares of the Issuer's
Common Stock outstanding as of July 31, 1994 according to the
Issuer's report on Form 10Q for the quarter then ended.
*** On September 17, 1992, the reporting persons granted the
Issuer's board of directors a proxy to vote their shares of the
Issuer's Common Stock as long as William A. Anders remains the
Issuer's chief executive officer, and on March 11, 1993 amended
the proxy to be effective so long as William A. Anders remained
the Issuer's chairman. Mr. Anders ceased being the Issuer's
chairman in May 1994. Amendment No. 1 to this Schedule 13G,
which was filed during the effectiveness of such proxy, reported
that the reporting persons had no power to vote or to direct the
vote of their shares of the Issuer's Common Stock. The reporting
persons report on this Amendment No. 2 to Schedule 13G the power
to vote and to direct the vote of their shares of the Issuer's
Common Stock.
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
No person other than as described in Item 4 is known
to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from
the sale of, such securities.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company.
See Item 3(c) and Exhibit A.
Item 8. Identification and Classification of Members of the
Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have
the effect of changing or influencing the control of
the issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purpose or effect.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated this 9th day of September, 1994.
/s/ Warren Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
NATIONAL INDEMNITY COMPANY
NATIONAL FIRE AND MARINE
INSURANCE COMPANY
By: /s/ Warren E. Buffett
Warren E. Buffett
Chairman of the Board
<PAGE>
EXHIBIT A
RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANY
Parent Holding Company:
Berkshire Hathaway Inc.
Warren E. Buffett (an individual who may be deemed
to control Berkshire Hathaway Inc.)
Relevant Subsidiaries Which Are Insurance Companies as Defined in
Section 3(a)(19) of the Act:
National Indemnity Company
National Fire and Marine Insurance Company
Note: No Common Stock of General Dynamics Corporation is held
directly by Berkshire Hathaway Inc. Other than the
indirect holdings of Berkshire Hathaway Inc., no Common
Stock of General Dynamics Corporation is held directly
or indirectly by Warren E. Buffett, an individual who
may be deemed to control Berkshire Hathaway Inc.
