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General Dynamics CEO Phebe Novakovic to Step Down in 2027

October 7, 2026

2 min read

Key Takeaways

Phebe Novakovic will step down as General Dynamics CEO in 2027.
Danny Deep will become the new CEO on Jan. 1, 2027.
Novakovic will transition to executive chairman.
Deep has 25 years of experience with General Dynamics.

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Strategic Implications

This leadership transition may signal a shift in General Dynamics' strategic priorities, as Deep's experience spans multiple business units. The move could indicate a focus on operational efficiency and continuity, which may benefit the company's diverse portfolio of defense technologies.

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What Happened

Longtime Leader Transitions to Executive Chairman Amid Leadership Shift

General Dynamics announced that CEO Phebe Novakovic will step down in 2027, with President Danny Deep taking over as CEO. Novakovic, who has led the company since 2013, will become executive chairman. Deep, a 25-year veteran of General Dynamics, has held various leadership positions, including executive vice president of global operations and president of land systems. The company, which develops and manufactures a range of defense technologies, generated $52.6 billion in revenue in 2025. This leadership change was first reported by Breaking Defense.

Source | Originally Published: October 7, 2026

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