Appointment · 8 October 2026
GENERAL DYNAMICS CORP
GD · Listed
Key facts
- How the CEO left
- No departure described
- Planned or abrupt
- Planned
- Successor
- Internal (a current executive)
- Signs it was forced
- None stated
- Other news alongside
- None
- Effective
- 1 January 2027
- Reason given
- transition to executive chairman
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
On October 7, 2026, General Dynamics Corporation (the “Company”) announced that the board of directors has elected Danny Deep as Chief Executive Officer, effective January 1, 2027.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 8 October 2026 at 00:00 New York time, before the market opened, so day 0 is that same day. Day 0 is marked by the vertical line.
| Window | GD | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | +1.9% | +0.2% | +1.8% |
| Days 0 to +3 | +2.3% | +0.1% | +2.1% |
| 1 month (days 0 to +21)so far, 14 of 22 days | +9.2% | −1.0% | +9.0% |
| 3 months (days 0 to +63)so far, 14 of 64 days | +9.2% | −1.0% | +9.0% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta 0.42) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
- Deep Elected CEO of General Dynamics, Novakovic to Executive Chairman ↗
prnewswire.com · 7 October 2026 · Tone: neutral
- General Dynamics names current president Deep as next CEO (GD:NYSE) ↗
seekingalpha.com · 8 October 2026 · Tone: neutral
- Danny Deep to Succeed Novakovic as General Dynamics CEO ↗
govconwire.com · 8 October 2026 · Tone: neutral
Headlines from the day before the filing to three days after, found in the GDELT news index by company name, so an occasional match may be about something else. Tone is FinBERT's reading of the headline alone, a language model trained on financial news; it is not our view of the change.