GDEB Awarded $517M for Virginia-class Submarine Parts

General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $517.2 million delivery order against a previously issued basic ordering agreement for procurement and delivery of initial Virginia-class attack submarine spare parts to support maintenance availabilities. Work will be performed in Groton and Pawcatuck, Connecticut.

"The shipbuilders of Electric Boat are proud to continue our role providing lifecycle maintenance support to the U.S. Navy's operational submarine fleet in keeping with our mission to provide sailors with the advantage that helps protect our nation," said Kevin Graney, president of General Dynamics Electric Boat.