General Dynamics (NYSE: GD) promotes Danny Deep to president, sets $1.3M salary and incentive package

Rhea-AI Filing Summary

General Dynamics Corporation announced a key leadership change, promoting Danny Deep to president of the company, effective December 3, 2025. Deep previously served as executive vice president of Global Operations and has held several senior roles over more than 20 years with the company, including executive vice president of Combat Systems and president of General Dynamics Land Systems.

The company also set Deep’s new compensation. His base salary will be $1,300,000, and his target annual incentive opportunity will be 150% of base salary, tying a significant portion of his pay to performance-based incentives. His long-term incentive will be delivered in equity and determined under the approach described in General Dynamics’ 2025 proxy statement, aligning his interests with shareholders over the long term.

GENERAL DYNAMICS CORP false 0000040533 0000040533 2025-12-03 2025-12-03

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) December 5, 2025 (December 3, 2025)

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.

Danny Deep, currently executive vice president, Global Operations of General Dynamics Corporation (the “company”), has been promoted to president of the company, effective December 3, 2025.

Mr. Deep has been with the company for over 20 years. Prior to his role as executive vice president, Global Operations, he held various operating roles with the company, including executive vice president, Combat Systems, and vice president of the company and president of General Dynamics Land Systems.

The company also determined the compensation arrangement for Mr. Deep’s new position. His base salary will be $1,300,000. His target annual incentive opportunity will be at 150% of his base salary. His long-term incentive, which is comprised of equity compensation, will be set pursuant to the approach described in the company’s proxy statement for the 2025 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 28, 2025, beginning on page 52.

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: December 5, 2025

FAQ

What leadership change did General Dynamics (GD) announce in this 8-K?

General Dynamics promoted Danny Deep, previously executive vice president, Global Operations, to president of the company, effective December 3, 2025.

What is Danny Deep’s background at General Dynamics (GD)?

Danny Deep has been with General Dynamics for over 20 years and has served in senior operating roles, including executive vice president, Combat Systems and president of General Dynamics Land Systems.

What is the new base salary for General Dynamics president Danny Deep?

In his new role as president, Danny Deep will receive a base salary of $1,300,000 per year.

How is Danny Deep’s annual incentive opportunity structured at General Dynamics (GD)?

Danny Deep’s target annual incentive opportunity is set at 150% of his base salary, providing performance-based cash or bonus compensation in addition to his base pay.

What kind of long-term incentives will Danny Deep receive at General Dynamics?

Danny Deep’s long-term incentive will be comprised of equity compensation and will be set according to the approach described in General Dynamics’ 2025 proxy statement beginning on page 52.

Does this General Dynamics (GD) filing describe changes to other executives’ compensation?

The disclosure focuses on Danny Deep’s promotion and compensation as president and does not describe changes for other executives in the provided content.