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Phebe N. Novakovic - 2019

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Phebe N. Novakovic

Chairman and Chief Executive Officer, General Dynamics

A Conversation with Phebe N. Novakovic, Chairman and Chief Executive Officer, General Dynamics

Phebe N. Novakovic, chairman and chief executive officer of General Dynamics, sat down with Thomas A. Kennedy, chairman and chief executive officer of Raytheon Company, at the June 11 meeting of the Boston College Chief Executives Club. Novakovic discussed her role leading General Dynamics, a global aerospace and defense company that designs and builds a variety of products including nuclear-powered submarines and guided-missile destroyers for government customers. She stressed the importance of a strong corporate ethos or culture. “The reason it’s important is because culture undergirds everything you do. It’s the personality of the organization. So part of that culture is alignment, transparency, honesty, and trust.” She also spoke about the defense industry as an early adopter of diversity and how mentoring should be gender and color blind. Novakovic has served as General Dynamics Chief Executive Officer since 2013. Prior to joining the company, she worked for the Department of Defense, the White House Office of Management and Budget and the Central Intelligence Agency (CIA). In 2018, General Dynamics reported earnings of $3.4 billion on revenue of $36.2 billion.

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Takeaway

Determination

"The key to a successful life is determination—relentless determination. You never, never, never give up. Irrespective of your gender, your color, where you’re from, you just never give up."

Takeaway

Cyber Threats

"I worry an awful lot about the cyber threat from the inside. I think insider threats can be a significant problem for companies."

Takeaway

Silicon Valley

"I’m frankly alarmed when I see some companies to whom much is given not want to work with the US government. Where do they think the platform for their technology innovation comes? It comes from the security and stability of this nation."

Press Coverage

 

Bloomberg Radio

Baystate Business: Raytheon and General Dynamics

 


Boston Globe

Raytheon CEO talks about what merger with UTC means for Mass.

 


Inside Defense

General Dynamics CEO calls tech companies' unwillingness to work with military 'a little troubling'

 


 

 

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