- American City Business Journals•yesterday
General Dynamics Corp.'s (GD) shipbuilding business was mostly flat for the second quarter of 2016, but CEO Phebe Novakovic expects the marine systems division to start gathering momentum in the next two years. After General Dynamics orders all of these so-called "long-lead" materials, construction on the ships will begin in 2021. General Dynamics is one of two shipbuilders helping to build the 12 nuclear submarines slated to replace the 14 current Ohio-class ships.
- American City Business Journals•3 days ago
General Dynamics Corp. CEO Phebe Novakovic isn’t too worried about “chatter” from lawmakers on Capitol Hill who have recently urged the White House to scale back its nuclear modernization efforts. This is despite the Falls Church-based defense company running one of the two shipyards — along with Huntington Ingalls Industries Inc. (HII) — where the next generation of nuclear-armed ballistic missile submarines of the U.S. Navy’s Ohio-class replacement program will be built.
Huntington Ingalls Industries, Inc.NYSE
After hours: 172.58-0.00 (-0.00%) as of 4:34 PM EDT
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