General Dynamics Electric Boat Wins $987M Contract Boost
Slice of Manufacturing Team
06/23/2025
Key highlights
- $987 million contract modification awarded to support submarine production
- Funds will support shipyard growth, supply chain enhancements, and component development
- Work spans Groton, Newport News, and Quonset Point, with completion by 2031
- Contract underscores long-term Navy and Congressional support for submarine capabilities
- Supports delivery acceleration for Virginia class submarines
Source: PR Newswire
Notable Quote
“ This contract modification funds important shipyard and supply chain work essential to achieving the necessary growth in output and supports our efforts to accelerate submarine delivery, ”
Mark Rayha, President at General Dynamics Electric Boat
Why This Matters
This significant contract modification reflects the U.S. Navy’s strategic focus on expanding its undersea warfare capabilities. By enhancing production capabilities and fortifying the submarine supply chain, the investment ensures timely delivery of advanced Virginia class submarines amid growing geopolitical tensions. The continued support from the Navy, Congress, and federal administration highlights a unified effort to maintain U.S. naval superiority and defense readiness.
