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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 ...
Hyman G. Rickover. Hyman G. Rickover (January 27, 1900 [3] – July 8, 1986) was an admiral in the United States Navy. He directed the original development of naval nuclear propulsion and controlled its operations for three decades as director of the U.S. Naval Reactors office. In addition, he oversaw the development of the Shippingport Atomic ...
General Dynamics traces its ancestry to John Philip Holland's Holland Torpedo Boat Company. [5] In 1899, Isaac Rice bought the company from Holland and renamed it Electric Boat Company. [6] Electric Boat was responsible for developing the U.S. Navy's first modern submarines, which were purchased by the Navy in 1900. [7]
General Dynamics' (GD) business unit, General Dynamics Electric Boat, clinches a $533-million modification contract to support Virginia-class submarines.
A contract modification for Oregon SSN-793, Montana (SSN-794), and Hyman G. Rickover (SSN-795) was initially awarded to Electric Boat for US$ 594.7 million in April 2012. On 23 December 2014 they were awarded an additional $121.8 million contract modification to buy long lead-time material for the three Virginia -class submarines. [11]
On Friday, the U.S. Department of Defense announced it has awarded General Dynamics' Electric Boat Corp. subsidiary a $307.9 million "undefinitized" contract modification to a previously awarded ...
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 ...
The MOD and GEC-Marconi negotiated on a new price for the contract, amounting to £2.4 billion for the first three Astute submarines, plus in service support. The contract was signed on 14 March 1997, for what was now called the Astute programme, with a fixed maximum price, and any cost overruns being assumed by GEC-Marconi, the contractor.
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