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Search Results for: Phebe Novakovic

General Dynamics to Buy CSRA in Potential $9.6B Deal; Phebe Novakovic, Larry Prior Comment

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume …

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Phebe Novakovic: General Dynamics Seeks to Address Navy Demand With $2B Shipyard Investment

General Dynamics (NYSE: GD) plans to invest as much as $2 billion into its shipyards to meet the U.S. Navy‘s shipbuilding requirements, Defense News reported Friday. The Groton, Connecticut-based shipyard of General Dynamics’ Electric Boat subsidiary will receive $1.7 billion to support the production of the Navy’s Virginia-class attack submarines and Columbia-class ballistic missile submarines. “In …

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General Dynamics 3Q Earnings, Revenue Above Wall Street Estimates; Phebe Novakovic on Acquisition Prospects

General Dynamics (NYSE: GD) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.28 per share, a figure 15 cents above Wall Street analyst forecasts and 23 cents higher than the prior year period. Third quarter profit rose 5.31 percent from the same period last …

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Gulfstream President Larry Flynn to Retire; General Dynamics’ Phebe Novakovic Comments

Larry Flynn, president of General Dynamics (NYSE: GD) subsidiary Gulfstream Aerospace, will retire from his role by the end of June. “Larry Flynn has made significant contributions to General Dynamics and Gulfstream during his long career, most recently with the introduction of three new aircraft in 2014, ” Phebe Novakovic, General Dynamics …

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Rudy deLeon Joins General Dynamics Board of Directors; Phebe Novakovic Comments

Rudy deLeon,  a senior fellow with the Center for American Progress, has joined General Dynamics‘ (NYSE: GD) board of directors. DeLeon is a former Pentagon chief operating officer and served on both the Deputies Committee of the National Security Council and the National Partnership Council before he left federal service in 2001,  General …

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Laura Schumacher Joins General Dynamics Board of Directors; Phebe Novakovic Comments

Laura Schumacher, an executive vice president and a general counsel at pharmaceutical company AbbVie, has been elected to the board of directors of General Dynamics (NYSE: GD). Her appointment took effect Sunday and she currently serves as board secretary for the Abbott Laboratories spinoff, General Dynamics said Monday. “Laura is …

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Jerry DeMuro Retiring As General Dynamics Info Systems-Tech Group EVP; Phebe Novakovic Comments

Gerard “Jerry” DeMuro, executive vice president of General Dynamics‘ (NYSE: GD) information systems and technology group, will retire from the company Feb. 28 to pursue new professional opportunities. Business units within the group will report directly to Phebe Novakovic, chairman and CEO, until the company appoints DeMuro’s successor, General Dynamics …

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Chris Marzilli to Succeed Dan Johnson as General Dynamics IT, Mission Systems EVP

Chris Marzilli, president of General Dynamics’ (NYSE: GD) mission systems business and a 2018 Wash100 winner, has been elected to serve as executive vice president of the company’s information technology and mission systems segments beginning on Jan. 1. He will succeed Dan Johnson, who is due to retire at the …

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