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Over One Week The Navy Awards GD Electric Boat Nearly $2 Billion In SSN Submarine Contracts

Rich Abott By
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Over One Week The Navy Awards GD Electric Boat Nearly $2 Billion In SSN Submarine Contracts
The U.S. Navy’s attack submarine, the future USS Idaho (SSN 799), launched from General Dynamics Electric Boat’s shipyard into the Thames River, Aug. 6, 2024. (Photo: U.S. Navy)

The Navy awarded General Dynamics’ Electric Boat [GD] nearly $2 billion in four contracts related to Virginia-class attack submarine (SSN) industrial base support over the past week as the service seeks to improve boat production rates. On Oct. 4 the Navy awarded Electric Boat two contracts worth over $620 million total. One was a modification worth $377 million to cover “lead yard support, and development studies and design efforts related to Virginia Class submarines.”  The work is expected to be…

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