General Dynamics Electric Boat awarded $1.3 billion contract modification for long lead time material for Virginia-class submarines

GROTON, Conn., Aug. 5, 2024 /PRNewswire/ — General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1.3 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials for Virginia Class…