General Dynamics Electric Boat awarded $1 billion contract modification for long lead time material for Virginia-class submarines

GROTON, Conn., March 25, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials for Virginia Class Block VI submarines as detailed in the U.S. Department of Defense contract announcement.

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