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General Dynamics Gets $22.2B to Make Navy Subs

The fast-attack submarines will have advanced weapons capabilities and expanded capacity.

In summary:

  • General Dynamics received a $22.2 billion contract from the U.S. Navy for 9 new submarines.
  • The company's Electric Boat subsidiary will manufacture the Virginia-class submarines. 
  • Electric Boat has more than 17,000 employees in Connecticut and Rhode Island.
  • The fast-attack submarines will have advanced weapons capabilities and expanded capacity. 
  • Construction will begin this year, but the subs won't be delivered until 2025. 
  • Electric Boat makes two submarines per year. The new order will help cut costs and plan ahead. 
  • Delivery timelines used to be 88 months, and they only made one sub per year.
  • The timeline has been cut to 68 months, and they make two. 
  • They can dive 800 feet while carrying advanced torpedoes, missiles and unmanned underwater vehicles.
  • Delivery timelines have been cut from 88 months for one sub, to 68 months for two subs.
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