Hello, Guest!
  • Friday, April 26, 2024

Robert Smith to Lead General Dynamics Marine Systems Segment; Phebe Novakovic Quoted


Robert Smith

Robert Smith, president of General Dynamics’ (NYSE: GD) Jet Aviation subsidiary, has been named executive vice president of the company’s marine systems segment in a move that will take effect on July 1.

He will succeed the retiring John Casey, a shipbuilding industry veteran and former president of General Dynamics Electric Boat, the company said Friday.

General Dynamics selected David Paddock, a senior VP and general manager of U.S. aircraft services at Jet Aviation, to replace Smith as head of its wholly owned aviation subsidiary.

“Rob Smith’s expertise in Navy submarine and surface ship programs will serve us well as we continue to grow our shipbuilding business,” said Phebe Novakovic, chairman and CEO of General Dynamics and a 2019 Wash100 winner.

Smith became president of Jet Aviation in 2014 after serving as chief financial officer. He is also a former VP and CFO of General Dynamics’ NASSCO subsidiary.

Video of the Day

Related Articles

General Dynamics Reports Solid Operating Results, Growing Revenue and Backlog in Q1 2024; Phebe Novakovic Quoted Financial Reports

General Dynamics Reports Solid Operating Results, Growing Revenue and Backlog in Q1 2024; Phebe Novakovic Quoted

General Dynamics (NYSE: GD) has presented its first quarter 2024 results and reported that revenue and net earnings grew 8.6 percent and 9.5 percent year-over-year to $10.7 billion and $799 million. The company said Wednesday its operating earnings reached $1 billion, or 10.4 percent higher from a year ago, while company-wide backlog went up 4.4

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week Financial Reports

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week

Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) yielded a gain.

General Dynamics Land Systems Secures $297M Army M10 Booker System Technical Support Contract Contract Awards

General Dynamics Land Systems Secures $297M Army M10 Booker System Technical Support Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential five-year, $296.8 million contract from the U.S. Army to provide system technical support for the military branch’s M10 Booker combat vehicle. Army Contracting Command will obligate funds and determine work locations upon award of each task order and expects contract work to run through April