How Novakovic was paid
$25.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Phebe N. NovakovicChairman and Chief Executive Officer | $1,737,500 | $12,539,634 | $5,220,445 | $5,729,000 | — | $697,503 | $25,924,082 |
| Kimberly A. KuryeaSenior Vice President, Chief Financial Officer | $987,500 | $3,603,560 | $1,499,885 | $2,069,000 | $56,336 | $78,511 | $8,294,792 |
| Jason W. AikenExecutive Vice President, Combat Systems and Mission Systems | $1,100,000 | $4,324,830 | $1,798,870 | $2,392,000 | $43,022 | $88,442 | $9,747,163 |
| Mark L. BurnsExecutive Vice President of the company and President, Gulfstream Aerospace | $958,303 | $3,782,576 | $1,575,562 | $1,900,000 | — | $67,507 | $8,283,948 |
| Danny DeepPresident | $1,064,500 | $3,242,952 | $1,349,773 | $2,392,000 | $257,709 | $87,778 | $8,394,711 |
What changed and why
- $52.6BRevenue increased 10.1% to $52.6 billion and net earnings grew 11.3% to $4.2 billion.
- $25.9MCEO total compensation rose to $25,924,082 compared to $23,794,702 in the prior year.
- 96%Shareholders demonstrated strong support for executive compensation with a 96% approval vote.
- Performance metrics for annual and long-term incentives remained unchanged during the fiscal year.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.