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General Dynamics Wins $350M Deal to Aid Virginia Class Submarine Program
GMGM(US:GM) ZACKS·2024-10-15 14:00

General Dynamics Corp.’s (GD) business unit, Electric Boat, recently clinched a modification contract to provide long lead time material for supporting the Virginia Class Block VI submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Valued at $349.8 million, the contract is expected to be completed by September 2035. A major portion of the work related to this deal will be carried out in Sunnyvale, CA. GD’s Prowess in Submarine MarketGeneral Dynamics is a renowned manufa ...