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General Dynamics names Danny Deep CEO for 2027

The incoming CEO has spent 25 years at General Dynamics and has served as its president since December 2025.

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Form Type
8-K

Rhea-AI Filing Summary

General Dynamics Corporation (GD) announced that its board elected Danny Deep, the company’s president, as chief executive officer effective January 1, 2027. He will succeed Phebe N. Novakovic, who will transition from chairman and chief executive officer to executive chairman of the board. Novakovic has served as CEO since 2013.

Deep, 56, became company president in December 2025 and joined its board on August 5, 2026. He has worked at General Dynamics for 25 years, including as executive vice president of Global Operations and Combat Systems and president of Land Systems. The company reported $52.6 billion in revenue for 2025 and employs more than 120,000 people worldwide.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
CEO effective date January 1, 2027 Danny Deep’s appointment as chief executive officer
Danny Deep's age 56 years At the time of the announcement
Danny Deep's service at General Dynamics 25 years Company tenure stated in the announcement
Phebe N. Novakovic's CEO tenure Since 2013 CEO since 2013
Revenue $52.6 billion 2025
Employees More than 120,000 people Worldwide
Executive Chairman technical
"transition to Executive Chairman of the board of directors"
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
Chief Executive Officer technical
"elected Danny Deep as Chief Executive Officer"
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
independent lead director technical
"Laura J. Schumacher, independent lead director"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Danny Deep become CEO of GD?

Danny Deep is scheduled to become General Dynamics (GD) chief executive officer on January 1, 2027. The board elected him to succeed Phebe N. Novakovic, who will transition to executive chairman.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GENERAL DYNAMICS CORP false 0000040533 0000040533 2026-10-07 2026-10-07
 
 

 

LOGO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) October 7, 2026

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

11011 Sunset Hills Road, Reston, Virginia   20190
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Name of each exchange
on which registered

Common Stock   GD   New York Stock Exchange

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 7, 2026, General Dynamics Corporation (the “Company”) announced that the board of directors has elected Danny Deep as Chief Executive Officer, effective January 1, 2027. At that time, Chairman and Chief Executive Officer Phebe N. Novakovic will transition to Executive Chairman of the board of directors.

Mr. Deep, 56, has served as President of the Company since December 2025 and was elected as a member of the board of directors on August 5, 2026. Among other roles, he previously served as Executive Vice President, Global Operations, from June 2025 to December 2025, Executive Vice President, Combat Systems, from April 2024 to June 2025, and Vice President of the Company and President of General Dynamics Land Systems, from April 2020 to April 2024.

A copy of the press release issued by the Company is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

 

99.1    General Dynamics press release, dated October 7, 2026.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

GENERAL DYNAMICS CORPORATION
By:  

/s/ Gregory S. Gallopoulos

 

Gregory S. Gallopoulos

Senior Vice President, General Counsel and Secretary

(Authorized Officer)

Dated: October 7, 2026 

Exhibit 99.1

 

LOGO

 

11011 Sunset Hills Rd.

Reston, VA 20190

www.generaldynamics.com

      News
 

Contact: Jeff A. Davis

Tel: 703 876 3483

press@generaldynamics.com

October 7, 2026

Deep Elected CEO of General Dynamics, Novakovic to Executive Chairman

RESTON, Virginia — General Dynamics (NYSE:GD) announced today that its board of directors has elected Danny Deep, who currently serves as president of the company, to be CEO, effective January 1, 2027. Deep will succeed Phebe Novakovic, who will transition to executive chairman after serving as CEO since 2013.

“Danny is a highly skilled executive with rich operating experience. It has been a pleasure working closely with him and I am certain he will be an outstanding CEO,” said Novakovic. “I very much look forward to our continuing collaboration.”

“On behalf of the board, we thank Phebe for her outstanding leadership and lasting contributions to General Dynamics,” said Laura J. Schumacher, independent lead director. “Phebe has led with vision, integrity and a deep commitment to our people and our Ethos. We have greatly benefitted from her efforts in setting a clear strategic vision, creating enduring value and in building a strong and capable leadership team.”

“We look forward to her continuing role with the company and to working together with Danny,” said Schumacher. “We have every confidence that he will continue the outstanding leadership and legacy that Phebe has exemplified.”

“Phebe has been an extraordinary leader for General Dynamics, and I am grateful for the close partnership we’ve shared and the opportunity to continue working together in the future,” said Deep. “I am profoundly honored to be selected as the next CEO of General Dynamics and humbled and deeply thankful for the board’s confidence.”

Deep has been with the company for 25 years, serving in positions of increasing responsibility. Before becoming president of the company in 2025, he served as executive vice president of Global Operations, executive vice president of Combat Systems, and president of Land Systems.

Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapon systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at www.gd.com.

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