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General Dynamics Secures $481M Contract Modification for Columbia-Class Submarine Construction

General Dynamics’ (NYSE: GD) Electric Boat business has received a $480.6M contract modification from the U.S. Navy to support the construction for the lead Columbia-class ballistic missile submarine in fiscal years 2019 and 2020. Electric Boat will also procure long-lead time materials needed for the production of the fleet under …

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