More Dynamics: A change in the top command

A change in the top command

In his 15 years as chairman and chief executive of General Dynamics, David S. Lewis, 67, helped turn the company into one of America's most important defense contractors. The firm builds the Trident nuclear submarine and the sophisticated F-16 fighter aircraft. In recent months, though, General Dynamics has been awash in charges of millions of dollars in overbilling on Government contracts and allegations of fraud. Congress and the Department of the Navy have both launched investigations of company practices. During all the troubles, Lewis firmly maintained that he would not resign under fire, but last week he announced his retirement.

Only...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!