General Dynamics Corp: board elects Danny Deep as CEO

What happened General Dynamics Corp announced that the board of directors has elected Danny Deep as chief executive officer, effective Jan 1, 2027. At that time, chairman and chief executive officer Phebe N. Novakovic will transition to executive chairman of the board of directors. Mr. Deep, 56, has served as president of the company since Dec 2025 and was elected as a member of the board of directors on Aug 5, 2026.

Key details

• Danny Deep, 56, will become CEO on Jan 1, 2027; Phebe N. Novakovic will become executive chairman on that date.
• Mr. Deep has served as president since Dec 2025 and joined the board on Aug 5, 2026.
• Prior positions for Mr. Deep include executive vice president, global operations (Jun 2025–Dec 2025); executive vice president, combat systems (Apr 2024–Jun 2025); and vice president and president of General Dynamics Land Systems (Apr 2020–Apr 2024).

Why it may matter This filing reports Item 5.02: departure of directors or certain officers; election of directors, which covers changes in officers and directors disclosed on Form 8-K. A filing does not show why the insider traded or why the company acted.