US EditionGeneral Dynamics Electric Boat Awarded $12 Billion Contract Modification for Virginia-Class Submarines
- General Dynamics Electric Boat announced on April 30, 2025, a $12.4 billion contract modification for two Virginia-class submarines in Groton, Connecticut.
- The contract follows prior fiscal year 2024 authorizations and includes options raising the potential value to $17.2 billion if exercised.
- Electric Boat, the prime contractor headquartered in Groton with over 24,000 employees, constructs nuclear-powered Virginia-class submarines designed for diverse 21st-century missions.
- President Mark Rayha stated the secured funds enable wage increases for the workforce and investments in shipyard capacity and processes to strengthen national defense.
- The award supports the Navy's plan to modernize its submarine fleet amid industrial base challenges and includes workforce investments critical through 2027.
61 Articles
61 Articles
Associated Press News
Submarine designers in Connecticut say they'll strike on May 18 if contract deal isn't reached
About 2,500 workers at submarine builder Electric Boat shipyard in Connecticut plan to strike on May 18 if a tentative contract agreement is not reached with the submarine builder.
US Navy Awards Connecticut’s Electric Boat Another $12 Billion for Salaries, 2 Submarines
The U.S. Navy announced that it has awarded another $12.4 billion to General Dynamics Electric Boat as payment for two previously authorized Virginia-class submarines, as well as salary increases for shipyard workers.
US Navy awards Connecticut’s Electric Boat another $12 billion for salaries, 2 submarines
The U.S. Navy announced Wednesday that it has awarded another $12.4 billion to General Dynamics Electric Boat as payment for two previously authorized Virginia-class submarines, as well as salary increases for shipyard workers. The Navy’s agreement to boost pay comes as Electric Boat hires at unprecedented levels in an effort to meet aggressive Pentagon goals for modernization of the U.S. nuclear submarine fleet in the face of China’s rapid nava…
U.S. Navy Awards $18.4 Billion Submarine Contract, Securing Future for Rhode Island’s Defense Industry - Newport Buzz
Newport Buzz U.S. Navy Awards $18.4 Billion Submarine Contract, Securing Future for Rhode Island’s Defense Industry The U.S. Navy has awarded General Dynamics Corp. a new $18.4 billion contract to produce two Virginia-class fast attack submarines, a move that solidifies Rhode Island’s role as a critical hub in America’s naval defense infrastructure. Electric Boat, a subsidiary of General Dynamics with major manufacturing facilities at Quonset Po…
U.S. Navy awards CT’s Electric Boat another $12 billion for salaries, two submarines
The U.S. Navy announced Wednesday that it has awarded another $12.4 billion to General Dynamics Electric Boat as payment for two previously authorized Virginia class submarines, as well as salary increases for shipyard workers. The Navy’s agreement to boost pay comes as Electric Boat hires at unprecedented levels in an effort to meet aggressive Pentagon goals for modernization of the U.S. nuclear submarine fleet in the face of China’s rapid nava…
Coverage Details
Bias Distribution
- 43% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
