Tag Archives: Columbia-class ballistic missile submarine

Phebe Novakovic: General Dynamics Eyes Columbia-Class Submarine Construction Kickoff in 2020

Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2019 Wash100 award winner, said the Reston, Va.-based defense contractor expects to start building the U.S. Navy’s Columbia-class ballistic missile submarine by the end of 2020, the Washington Business Journal reported Wednesday.

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Phebe Novakovic: General Dynamics Seeks to Address Navy Demand With $2B Shipyard Investment

General Dynamics (NYSE: GD) plans to invest as much as $2 billion into its shipyards to meet the U.S. Navy‘s shipbuilding requirements, Defense News reported Friday. The Groton, Connecticut-based shipyard of General Dynamics’ Electric Boat subsidiary will receive $1.7 billion to support the production of the Navy’s Virginia-class attack submarines and Columbia-class ballistic missile submarines. “In …

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