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General Dynamics selects Danny Deep as president
and CEO, effective January 2027

General Dynamics Corporation (NYSE:GD) has appointed its president, Danny Deep, as its new chief executive officer, effective January 1, 2027. Deep will succeed longtime leader Phebe Novakovic, who will move to the role of executive chairman after leading the defense contractor since 2013.

General Dynamics shares remained steady in extended trading following the announcement, reflecting investors’ confidence that this long-term transition represents an anticipated and carefully considered operational development. The extended timeline underscores the company’s deliberate leadership succession strategy, aimed at preserving capital discipline and continuity across its major defense and aerospace programs.#FedMinutesFocusOnOctoberPause #EvernorthDelaysNasdaqDebutToOct12 #RobinhoodAdds$25MInBitcoinToBalanceSheet #SP500AndNasdaqHitRecordHighs #USMortgageRatesRiseTo7.49%