The LabVIEW Application Builder is definitely what you will want to use. You can use this utility to build an executable and distribute it to other computers. The Application Builder ships with the LabVIEW Professional Development System, but it may be purchased separately if you own the LabVIEW Base Package or the LabVIEW Full Development System.
I am attaching a pdf file which addresses common questions about the LabVIEW Application Builder.
J.R. Allen