General Dynamics, parent company of Groton submarine maker Electric Boat, said it has approved $5.7 million in bonus payments for three top executives.
Phebe N. Novakovic, chairman and CEO, will get the lion’s share of $4 million. David K. Heebner, executive vice president of information systems and technology, will get $1 million. L. Hugh Redd, who retired as CFO and senior vice president at the end of 2013, will get $700,000.