General Dynamics Electric Boat has announced it has received USD 12.4 billion in contract modifications for the construction of two Virginia-class submarines for fiscal year 2024. The award also includes funding for productivity improvements at shipyards and additional support for the workforce, as detailed by the U.S. Department of Defense.

General Dynamics Electric Boat awarded USD 12.4 billion contract for Virginia-Class submarines

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General Dynamics Electric Boat has announced it has received USD 12.4 billion in contract modifications for the construction of two Virginia-class submarines for fiscal year 2024.