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General Dynamics Electric Boat awarded $1 billion contract modification for long lead time material for Virginia-class submarines

  • General Dynamics Electric Boat has received a $1 billion contract modification to buy materials for Virginia Class Block VI submarines, as announced by the U.S. Department of Defense.
  • The contract supports the submarine industrial base's production capacity and funding needs, according to Mark Rayha, president of General Dynamics Electric Boat.
  • General Dynamics Electric Boat is the lead contractor and collaborates with HII's Newport News Shipbuilding in Virginia for submarine construction.
  • The Virginia-class submarines accommodate various 21st-century mission requirements, including anti-submarine warfare and special operations support.
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General Dynamics Electric Boat awarded $1 billion contract modification for long lead time material for Virginia-class submarines

GROTON, Conn., March 25, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials…

·Hartford City, United States
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19FortyFive broke the news in on Tuesday, March 25, 2025.
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