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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 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 ...
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.
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.
Shares were up 3.8% in early trading after the company forecast 2024 earnings per share of about $14.40 on revenue of $46.6 bil. General Dynamics beat Wall Street expectations for fourth-quarter ...
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 ...
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