General Dynamics Electric Boat Secures $642.31m Contract Modification for Virginia-Class Submarine Support

GD Electric Boat Nabs Another $642 Million Mod For SSN Design And Development - Defense Daily

The Navy on Friday awarded General Dynamics’ Electric Boat [GD] a $642 million cost-plus-fixed-fee modification to a previously awarded contract focused on lead yard support and development studies and design […]

General Dynamics Electric Boat Gets $642 Million for Submarine Work

The funds will be used for the design and development of Virginia-class submarines.

GD Electric Boat awarded $642M for Virginia-class submarine work

General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), reports that 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 studies and design efforts related to Virginia-class submarines, as detailed in the…