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General Dynamics Lands Award for Additional Funds on Virginia Payload Module Contract


general dynamics logoTYSONS CORNER, VA, July 21, 2016 — General Dynamics (NYSE: GD) has secured an $18.9 million contract modification from the U.S. Navy for the development of a payload module for the Virginia-class attack submarines, ExecutiveBiz reported Wednesday.

The company said Tuesday the award covers two Virginia payload module pre-production units and brings the overall value of the original contract to $1.46 billion.

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