• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
November 26, 2012November 19, 2013Loren B. Thompson, Ph.D

← Back
← Previous Post
Next Post →

General Dynamics Begins 2013 With New Leader, Changing Business Mix (From Forbes)

November 26, 2012November 19, 2013Loren B. Thompson, Ph.D

There’s been a lot of buzz lately about how women are moving up in the defense business, but the biggest leap has gotten the least attention. On January 1, Phebe Novakovic will take over as CEO and Chairman of General Dynamics, the Pentagon’s number-three supplier and the builder of Gulfstream business jets. Novakovic joined GD in 2001 and led the company’s strategic planning function before being put in charge of its storied shipbuilding unit, where she generated strong results. Her main challenge once she installs her team will be to figure out how to stop the erosion at Information Systems & Technology, the company’s biggest unit by sales. Surging demand for bizjets will insulate GD results from any Pentagon downturn, and the company’s long-cycle warship and combat-vehicle franchises should hold up well in the near term. Over the longer term, though, look for Novakovic to try something a bit more strategic to restore GD’s reputation for returning superior results to investors. I have written a commentary for ForbesĀ here.

Print | PDF | EMail

Find Archived Articles:

This entry was posted in Early Warning Blog. Bookmark the permalink.
Sign Up For
LexNext Emails
1600 Wilson Boulevard - Suite 203
Arlington, VA 22209 USA
Phone: 703.522.5828
Fax: 703.522.5837
© 2023 Lexington Institute

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.