General Dynamics CEO Phebe Novakovic to step down in 2027
Novakovic, who has led GD since 2013, will be succeeded by Danny Deep on Jan. 1.
Novakovic, who has led GD since 2013, will be succeeded by Danny Deep on Jan. 1.
The six largest US defense firms all reported quarterly results this week, and the potential impact of tariffs was front and center.
As post-COVID-19 supply chain issues persist, General Dynamics Electric Boat has "outpaced" some key suppliers, forcing out-of-sequence work that's driving up costs and delaying construction.
With contractors on the way, the union and the company remain at an impasse even as seven Navy destroyers languish pierside.
AUSA: Ellen Lord, the former Textron executive now heading the Pentagon’s acquisition shop, revealed today in her first public appearance since her confirmation that she is making fundamental changes in how the Office of Secretary of Defense starts and manages military weapons programs. This comes on top of internal Army reforms announced here by the […]
WASHINGTON: While the House has voted to extend the debt limit to May, the automatic federal spending cuts called sequestration still loom $90 billion large, half that bill for the Pentagon alone. Yet, as fourth quarter earnings calls begin, the defense industry and its stock values remain remarkably resilient. What gives? Or rather, what isn’t […]