Workflow
General Dynamics Wins a $188M Deal to Aid Virginia Class Submarines
GMGM(GM) ZACKS·2025-01-10 23:36

General Dynamics Corporation’s (GD) business unit, Electric Boat, recently clinched a modification contract involving Virginia Class Block V submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of GD’s DealValued at $188 million, the contract is expected to be completed by September 2035. Per the terms of the deal, General Dynamics will provide construction spares for Virginia Class Block V submarines.The work related to this deal will be executed in multiple loca ...