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General Dynamics Electric Boat Awarded $642 Million for Virginia-Class Submarine Work

Summary by Seapower
Release From General Dynamics Electric Boat GROTON, Conn. (September 26, 2025) — General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $642 million contract modification to a previously awarded contract supporting submarine production. This modification is for a cost-plus-fixed-fee modification to a previously awarded contract (N00024-20-C-2120) for Lead Yard Support and Development…
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Seapower broke the news in on Wednesday, October 1, 2025.
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