$116 M Virginia Payload Module Development Contract
General Dynamics Electric Boat has been awarded a $116 million contract modification for the continued development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines, boosting strike capacity by 230 percent.
Global Military UAV Market Forecast to 2022
Source : General Dynamics Corporation (NYSE: GD) - view original press release
Jan 30 - 31, 2017 - Rome, Italy