GD Secures $987M Submarine Production Support Modification

The U.S. Navy has awarded General Dynamics Electric Boat a $986.8 million modification to a previously awarded contract for submarine production support.

Contract modification work includes additional component development, class lead yard support and submarine industrial base supplier development enhancements supporting Columbia-class ballistic missile submarines and the nuclear shipbuilding enterprise, particularly the Virginia-class submarines and the Ford-class aircraft carriers.

Work will be performed in Groton, Connecticut; Newport News, Virginia; and Quonset Point, Rhode Island, through 2031.

“This contract modification funds important shipyard and supply chain work essential to achieving the necessary growth in output and supports our efforts to accelerate submarine delivery,” said Mark Rayha, president of General Dynamics Electric Boat. “The ongoing support for the shipyards and our supply base from the Navy, Congress and the administration is appreciated and necessary for us to meet the Navy’s current and future demand for submarines.”

According to the Department of Defense, the latest award combines previously scheduled U.K. funding modification worth $16.03 million for the continued support of the joint U.S. Columbia-class and U.K. Dreadnought-class common missile compartment program.

About General Dynamics Electric Boat

The electric boat division of General Dynamics designs, builds, repairs and modernizes nuclear submarines for the U.S. Navy. It is headquartered in Groton, Connecticut, and employs more than 24,000 people.