General Dynamics

Two tan Abrams tanks inside a factory bay, one beneath an orange gantry crane, with work carts and yellow access stairs on the concrete floor.

General Dynamics Has Had One Chief Executive Since 2013. Her Successor Takes Over a $136.5 Billion Backlog.

General Dynamics' board has elected Danny Deep, the company's president and a 25-year insider, to succeed Phebe Novakovic as chief executive on 1 January 2027. She becomes executive chairman. He inherits a backlog worth about 2.6 years of revenue and a company that says its task is to produce faster.

By Cory Chamberlain 26 minutes ago

The black hull and sail of the submarine USS Virginia on the surface of a river, with two red tugboats alongside and snow-covered wooded hills behind.

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Anduril Is Putting $3.7 Billion Into a Submarine Yard in Maryland. The Navy Is Adding Up to $2.9 Billion.

Anduril plans a shipyard at Sparrows Point in Baltimore County to make components and large assemblies for Virginia-class attack submarines, backed by a Navy contract worth up to $2.9 billion. It will not build whole submarines, and the yard is not expected to start work until 2030.

By Cory Chamberlain 14 hours ago

General Dynamics

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General Dynamics Has Had One Chief Executive Since 2013. Her Successor Takes Over a $136.5 Billion Backlog.

Anduril Is Putting $3.7 Billion Into a Submarine Yard in Maryland. The Navy Is Adding Up to $2.9 Billion.