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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 ...
But for buy-and-hold investors, given a high, consistent dividend and an astounding cumulative compound return of more than 2.6 million percent over 98 years, it’s hard to argue with the stock ...
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]
The company was founded by electrical inventor William Woodnut Griscom in 1880. An important early customer for electric boat motors was the Electric Launch Company, also known as Elco. Following an 1892 bankruptcy, financier Isaac Rice bailed out Electro-Dynamic and became a co-owner. Griscom died in a hunting accident in 1897.
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 ...
General Dynamics Corp.’s GD business unit, Electric Boat, recently clinched a modification contract to provide reactor plant planning yard support for nuclear-powered submarines.The award has ...
National Steel and Shipbuilding Company, commonly referred to as NASSCO, is an American shipbuilding company with four [2] shipyards located in San Diego, Norfolk, Bremerton, and Mayport. It is a division of General Dynamics. NASSCO owns a subsidiary manufacturing facility with TIMSA in Mexicali, Mexico. The San Diego shipyard specializes in ...
General Dynamics Electric Boat [1] Identification: Pennant number:SSN-808: General characteristics; Class and type: Virginia-class submarine: Displacement: 10,200 tons: Length: 460 ft (140 m) Beam: 34 ft (10.4 m) Draft: 32 ft (9.8 m) Propulsion: S9G reactor auxiliary diesel engine: Speed: 25 knots (46 km/h) Endurance: can remain submerged for ...
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