2018 - Press Release Archives

General Dynamics Delivers Submarine South Dakota

GROTON, Conn. (September 26, 2018) - General Dynamics Electric Boat Monday delivered the nuclear-powered attack submarine South Dakota (SSN 790) to the U.S. Navy. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD)..

South Dakota is the 17th ship of the Virginia Class, which provides the Navy with the capabilities required to retain undersea dominance well into the 21st century. South Dakota is also the seventh of the eight-ship group of Virginia-class submarines known as Block III. These ships embody a Navy and industry commitment to reduce costs while increasing capabilities through an initiative comprising a multi-year procurement strategy, improvements in construction practices and the Design For Affordability program.

“Delivering South Dakota is a significant achievement that represents the hard work and excellent performance of our shipbuilders, helps the Navy meet its shipbuilding goals and contributes to the nation’s defense,” said Electric Boat President Jeffrey S. Geiger. He also recognized the contributions of the Navy and the supplier base.

Virginia-class submarines displace 7,835 tons, with a hull length of 377 feet and a diameter of 34 feet. They are capable of speeds in excess of 25 knots and can dive to a depth greater than 800 feet, while carrying Mark 48 advanced capability torpedoes and Tomahawk cruise missiles.

General Dynamics Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. In its position as an industry leader, Electric Boat remains committed to applying its technical and business expertise to effectively manage the challenges of nuclear-submarine production. The company’s three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is approximately 16,800 employees.

More information about Electric Boat is available at www.gdeb.com.

For more information about General Dynamics, please visit www.generaldynamics.com.

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General Dynamics Awarded $432 Million by U.S. Navy for Virginia-Class Submarine Work

GROTON, Conn. (September 17, 2018) - The U.S. Navy has awarded General Dynamics Electric Boat a $480.6 million contract modification to continue the development of the lead Columbia-class submarine, the nation’s next-generation sea-based strategic deterrent. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The modification includes funding for advance procurement, advance construction and long lead time material for Columbia (SSBN 826). Construction of the lead ship of the class is scheduled to begin in the fall of 2020. The Navy plans to build a fleet of 12 new SSBNs.

Initially awarded in September 2017, the overall contract has a potential value of $6.1 billion.

"In close collaboration with the Navy and the submarine industrial base, Electric Boat will continue to lead key aspects of the Columbia-class development effort. This work includes design, material procurement, construction and operating-cost reduction. The entire Columbia-class team is committed to achieving an affordable and effective program. Our nation’s security depends on it," said Electric Boat President Jeffrey S. Geiger.

General Dynamics Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. In its position as an industry leader, Electric Boat remains committed to applying its technical strengths and business expertise to effectively manage the challenges of nuclear-submarine production.

The company's three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is approximately 16,800 employees.

More information about Electric Boat is available at www.gdeb.com.

For more information about General Dynamics, please visit www.generaldynamics.com.

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General Dynamics Awarded $126 Million for Continued Columbia-Class Submarine Development

GROTON, Conn. (April 2, 2018) - The U.S Navy has awarded General Dynamics Electric Boat a $126.1 million contract modification to continue development of the Common Missile Compartment for the U.S. Navy’s Columbia-class submarine and the Royal Navy’s Successor-class ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The contract modification includes funding for procurement of long-lead time material for missile tubes which will be integrated into both the Navy’s new SSBN and the Royal Navy’s Dreadnought-class strategic missile submarine.

Initially awarded in September 2017, the fourteen-year, $5.1 billion contract calls for Electric Boat to perform design and development work for the Navy’s next-generation ballistic-missile submarine, which is scheduled to begin construction in fall of 2020. The potential value of the overall contract is $6.1 billion.

More information about Electric Boat is available at www.gdeb.com. For more information about General Dynamics please visit www.generaldynamics.com.

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