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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 ...
An electric boat is a powered watercraft driven by electric motors, which are powered by either on-board battery packs, solar panels or generators. [1] While a significant majority of water vessels are powered by diesel engines, with sail power and gasoline engines also popular, boats powered by electricity have been used for over 120 years.
On 22 March 2021, the U.S. Navy added the 10th boat of the Block V series of the Virginia -class attack submarine, issuing a $2.4 billion adjustment on the December 2019 contract. This brings the total cost of the contract with prime contractor General Dynamics Electric Boat to $24.1 billion.
General Dynamics traces its ancestry to John Philip Holland's Holland Torpedo Boat Company. In 1899, Isaac Rice bought the company from Holland and renamed it Electric Boat Company. Electric Boat was responsible for developing the U.S. Navy's first modern submarines, which were purchased by the Navy in 1900.
The Astute class are built at the Devonshire Dock Hall, Barrow-in-Furness. In November 1999, British Aerospace purchased GEC-Marconi and created BAE Systems. At the time of the takeover, it had been approximately 20 years since the Vanguard class were designed, and the last of the boats had already been launched. [9]
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. 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.
Huntington Ingalls Industries, Inc. ( HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 375 on the Fortune 500, was formed on 31 March 2011, as a divestiture from Northrop Grumman. [5] [6]
General Dynamics' (GD) recent contract win related to the submarine industrial base expansion will improve sub-tier vendor stability based on production economies for major components.
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