General Dynamics Electric Boat Corp. awarded $1,265,790,364 contract
United States, April 3 -- General Dynamics Electric Boat Corp., Groton, Connecticut, is awarded a $1,265,790,364 cost-plus-fixed-fee modification to a previously awarded contract (N00024-20-C-2120) for lead yard support and development studies and design efforts related to Virginia-class submarines. This contract modification includes options which, if exercised, would bring the cumulative value of the contract change to $2,491,982,722. Work will be performed in Groton, Connecticut (91%); Newport News, Virginia (8%); Newport, Rhode Island (<1%); and Quonset Point, Rhode Island (<1%), and is expected to be completed by April 2027. Fiscal 2026 research, development, test and evaluation (Navy) funds in the amount of $139,997,575 (64%); fiscal ...
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