2026 Power 50: Mark A. Rayha

Mark A. Rayha

President

General Dynamics Electric Boat

Industry: Defense

No. of employees: 25,000

Education: Bachelor’s degree in business, University of Michigan; MBA, University of Michigan

Birthplace: Detroit

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Mark A. Rayha became president of General Dynamics Electric Boat on Dec. 1, 2024, after a long career within General Dynamics spanning finance, operations and executive leadership. He joined the company in 1989 at the Detroit Arsenal Tank Plant, and later held senior roles at corporate headquarters and General Dynamics Mission Systems before joining Electric Boat in 2020. He was named chief operating officer in 2023.

Over the past year, Electric Boat reached major milestones tied to national defense priorities. The company completed delivery of all modules for the lead Columbia-class ballistic missile submarine to Groton in 2025, and delivered the Virginia-class attack submarine SSN 799 Idaho to the Navy with the highest quality score awarded for that class of submarine.

Looking ahead, Rayha said workforce growth and skill development remain the company’s biggest challenge after adding 10,000 employees since 2015. At the same time, Electric Boat is investing in advanced manufacturing technologies such as additive manufacturing, robotics, drones, artificial intelligence and automation to accelerate submarine production.

What qualities are most essential for effective leadership today?

Authenticity and being willing to listen, along with understanding and responding well to changing workforce demographics and varied worker experiences.

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What do you value most about living or doing business in Connecticut?

Connecticut has a rich maritime history with deep generational roots in shipbuilding. The people of Connecticut are hardworking and genuine.

What is one change that would make Connecticut more competitive economically?

More affordable electricity and more affordable housing.

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Book recommendations: “The High-Velocity Edge: How Market Leaders Leverage Operational Excellence to Beat the Competition” by Steven J. Spear; “The 21 Irrefutable Laws of Leadership” by John C. Maxwell

Hobby or leisure activity: Golf