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Mike Petters/Fred Harris

68 - Mike Petters/Fred Harris
President & CEO, Huntington Ingalls Industries; President, General Dynamics NASSCO
The success of its major shipbuilders is a key element to making the Navy’s shipbuilding programs affordable and efficient, and shipyards have their share of ups and downs. Petters (pictured), head of Huntington Ingalls Industries, and Harris, now the head of two of the three major yards of General Dynamics, have been key in keeping their outfits moving ahead. Petters gets credit for stabilizing his yards, which produce two of every three major ships for the Navy — including nuclear aircraft carriers and submarines, destroyers and big amphibious ships — after their spinoff in early 2011 from former parent Northrop Grumman. Harris, who restored the National Steel and Shipbuilding yard in San Diego to efficiency, now is taking on Bath Iron Works. With ship orders shrinking, Petters is closing down his Avondale yard, while Harris must figure how to keep NASSCO in business if programs are cut further.

Industry Navy Congress