2024 - Press Release Archives

General Dynamics Announces Rayha to Succeed Graney as President of Electric Boat

RESTON, Va. (August 1, 2024) - General Dynamics (NYSE:GD) announced today that Kevin Graney, who currently serves as president of Electric Boat, has informed the company that he will retire at the end of the year. He will be succeeded by Mark Rayha, who currently serves as senior vice president and chief operating officer of Electric Boat, effective December 1.

"Kevin has served General Dynamics with distinction for nearly 30 years, including tenures as president of both NASSCO and Electric Boat. His shipbuilding expertise and strong leadership have been instrumental to the performance and continuous improvement of both NASSCO and Electric Boat," said Phebe Novakovic, chairman and chief executive officer. "Mark is a 35-year veteran of General Dynamics and is a proven and capable leader. His experience as CFO and COO of Electric Boat will ensure that we continue to grow to support our nation’s need for submarines."

Graney joined General Dynamics in 1995 and served in a variety of leadership roles at Electric Boat and NASSCO before becoming a general manager and then president of NASSCO from 2013 to 2019 and president of Electric Boat in 2019.

Rayha joined General Dynamics in 1989 at Land Systems. He became CFO of General Dynamics Mission Systems in 2015. He joined Electric Boat in 2020 and served as CFO from 2021 to 2023. He became chief operating officer in 2023.

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated $42.3 billion in revenue in 2023. More information about General Dynamics is available at www.gd.com.

General Dynamics Electric Boat to Christen Submarine Idaho (SSN 799)

GROTON, Conn. (March 15, 2024) - General Dynamics Electric Boat will christen the Virginia-class submarine Idaho (SSN 799) March 16 at its shipyard in Groton, Conn. Electric Boat is a business unit of General Dynamics (NYSE: GD).

The relationship between a ship's sponsor and crew endures throughout the lifetime of the boat. Terry Stackley, who has a life-long relationship with the U.S. Navy, will serve as the ship's sponsor. She will break a bottle of sparkling water from Idaho's rivers, streams and lakes on the ship's hull to commemorate the christening.

"I couldn't be more honored to be the sponsor of the USS Idaho, with its enduring connection to the great state of Idaho," said Terry Stackley. "I am also proud to be associated with its hardworking and dedicated crew."

"The christening ceremony also provides the opportunity to salute the thousands of people who work hard in support of the Virginia-class submarine program," said Kevin Graney, president of General Dynamics Electric Boat. "I am proud of Electric Boat's shipbuilders, and the skills, capabilities and commitment they bring to their work every day, resulting in magnificent submarines like PCU Idaho. This year, we're celebrating Electric Boat's 125th anniversary and our company's legacy of innovation that spans three centuries. We are committed to helping the U.S. Navy outpace our adversaries and ensure our nation's continued dominance in the undersea domain."

The christening will take place in the shipyard's Virginia-class assembly building in front of an audience of approximately 4,000 people, including Electric Boat shipbuilders, members of the ship's crew, U.S. Navy personnel and government officials. The event will be viewed live at numerous watch parties across the state of Idaho.

The keynote address will be delivered by Nickolas H. Guertin, Assistant Secretary of the Navy for Research, Development and Acquisition.

Idaho is the 26th submarine in the Virginia class, designed for the full range of 21st-century mission requirements, including anti-submarine and surface ship warfare and special operations support. Electric Boat and its partner Newport News Shipbuilding share construction of the Virginia class in a teaming agreement. Idaho is the 13th submarine in the class to be delivered by Electric Boat.

The submarine will be the fourth U.S. Navy warship to carry the name Idaho and the first U.S. Navy submarine. In 1952, construction began on the world's first operational nuclear-powered submarine, USS Nautilus, at Electric Boat in Groton, Connecticut. The first naval nuclear propulsion plant prototypes were located at the Naval Reactors Facility at the Idaho National Laboratory, including the S1W reactor prototype for USS Nautilus. From 1953 to 1995, over 40,000 sailors visited Idaho for training before being assigned to nuclear-powered ships.

A video of the ceremony, along with more information on the Idaho, is available at gdebchristenings.com. General Dynamics Electric Boat designs, builds, repairs and modernizes nuclear submarines for the U.S. Navy. Headquartered in Groton, Connecticut, the company employs 22,500 people. More information about General Dynamics Electric Boat is available at www.gdeb.com.

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated $42.3 billion in revenue in 2023. More information about General Dynamics is available at www.gd.com.