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General Dynamics Electric Boat[2] (GDEB) is a subsidiary of General Dynamics Corporation. It has been the primary builder of submarines for the United States Navy for more than 100 years. The company's main facilities are a shipyard in Groton, Connecticut, a hull-fabrication and outfitting facility in Quonset Point, Rhode Island, and a design ...
General Dynamics plans to invest $1.8 billion of capital in expanded and modernized facilities at Electric Boat to support growth in submarine construction. Peer Moves
General Dynamics now expects 2024 revenue to be between $47.8 billion and $48.2 billion, representing a 13.4% midpoint increase from the result in 2023. The EPS forecast range of $14.40 and $14.50 ...
In November 2009, a House of Commons Defence Select Committee found that delays due to technical and programme issues brought the Astute class to a position of being 57 months late and 53 per cent (or £1.35 billion) over-budget, with a forecast cost of £3.9 billion for the first three boats. [19]
A CBO report in November 2022 suggested that the Navy is looking at several alternatives for the number of boats purchased over the next 30 years. [13] All would be a decrease from the 77 total boats planned for procurement between 2022 and 2051 in the December 2020 Plan. All three alternatives see construction of SSN(X) submarines beginning in ...
Delivered this April, the ship will be the 23rd Virginia-class submarine co-produced by the General Dynamics Electric Boat and HII-Newport News Shipbuilding over the past 25 years for the Navy's ...
In December 2008, General Dynamics Electric Boat Corporation was selected to design the Common Missile Compartment that will be used on the Ohio-class successor. [36] In 2012, the U.S. Navy announced plans for its SSBN(X) to share a common missile compartment (CMC) design with the Royal Navy's Dreadnought-class ballistic missile submarine. [5]
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and General Dynamics wasn’t one of them. The 10 stocks that made ...
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