2020 - Press Release Archives

Statement of Electric Boat President Kevin Graney on US Navy Award of Columbia-class Ballistic Missile Submarine Contract

GROTON, Conn. (June 22, 2020) - General Dynamics Electric Boat president Kevin Graney issued the following statement about a US Navy contract award announced today.

"The shipbuilders of Electric Boat recognize the responsibility and welcome the opportunity to deliver the Columbia class. Columbia is our nation's top strategic defense priority and, as the prime contractor, we will provide the safest and most capable class of submarines in the defense of our nation. As we move toward full scale construction later this year, Columbia's design is more advanced than that of any previous submarine program. We stand ready to execute on this critical program and have made extensive preparations by hiring and training the next generation of skilled shipbuilders, expanding and modernizing our facilities and strengthening our supply base."

Background information

The Navy announced today that General Dynamics Electric Boat has been awarded a contract modification for the design completion, engineering work and design support efforts for the Columbia Class of Ballistic Missile Submarines. An option valued at $9.47 billion supporting the construction of the first two ships of the Columbia class is established as part of this modification. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Electric Boat is the prime contractor on the design and construction of 12-ship Columbia class, which will replace the aging Ohio class of ballistic missile submarines. Electric Boat will manage numerous vendors and suppliers to do this work. Advanced construction began in 2017 at the company's facility in Quonset Point, Rhode Island. Final assembly and test of the Columbia class will take place starting in 2024 at Electric Boat's shipyard in Groton. General Dynamics is investing $1.8 billion in capital expenditures to construct and expand its facilities to support the construction of the Columbia class, the world's most advanced strategic missile submarine. The company's three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is more than 16,000 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 Electric Boat Begins Next Phase of Expansion to Support Construction of New Class of Submarines

GROTON, Conn. (June 12, 2020) - General Dynamics Electric Boat today announced that it had signed a contract to begin the next phase of construction on a facility to support construction of the nation's new class of ballistic-missile submarines. The company signed a $544 million contract with AECOM of Los Angeles, California, to complete the construction of the South Yard Assembly Building (SYAB), the centerpiece of the biggest facility expansion in 50 years at the company's Groton shipyard.

In September 2019 the company broke ground on the SYAB, a 200,000 square-foot building that will eventually be home to 1,400 skilled shipbuilders who will deliver the Columbia class to the U.S. Navy. Electric Boat is also expanding and modernizing other manufacturing spaces in Groton and building a floating dry dock.

Electric Boat is the prime contractor on the design and build of the 12 ships of the Columbia class, which will replace the aging Ohio-class of ballistic-missile submarines. Early construction began in 2017 at the company's facility in Quonset Point, Rhode Island. Final assembly and test of the Columbia class will take place starting in 2024 at Electric Boat's shipyard in Groton.

"General Dynamics Electric Boat continues to make investments – in facilities, in our supply chain and in the next generation of shipbuilders – to support the Columbia class, the Navy's top strategic priority," said EB President Kevin Graney. "Efficient completion of the SYAB will position us to begin delivering the next-generation of ballistic submarines in advance of the Ohio-class retiring from service."

The South Yard Assembly Building is part of an overall $1.7 billion investment the company is making in modernizing and upgrading its facilities to meet the expanded needs of the Navy.

The company has hired and trained thousands of new employees and has worked with its national network of suppliers to prepare for the estimated 150% increase in the need for supplies and materials to concurrently build the Columbia and Virginia classes.

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

Future site of the General Dynamics Electric Boat South Yard Assembly building
Future site of the General Dynamics Electric Boat South Yard Assembly building. This photo shows recently-completed drilled shafts with pile caps that will support the deck of a 200,000 square foot building dedicated to the construction of the Columbia class of ballistic missile submarines, expected to be complete in 2023. Hi-Res Photo

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General Dynamics Delivers Submarine Vermont

GROTON, Conn. (April 17, 2020) - General Dynamics Electric Boat Friday delivered the nuclear-powered attack submarine Vermont (SSN 792) to the U.S. Navy. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).

Vermont is the 19th submarine of the Virginia Class, which provides the Navy with the capabilities required to retain undersea dominance well into the 21st century. Vermont is the first of the ten-ship group of Virginia-class submarines known as Block IV. These ships embody a Navy and industry commitment to affordably deliver new submarines to the fleet with unmatched stealth and strike capacity.

"The shipbuilders of Electric Boat are proud to deliver Vermont to our Navy, an extraordinarily capable ship," said Kevin Graney, President, General Dynamics Electric Boat. "I am pleased to report that the Vermont has received some of the highest quality ratings in the history of the Virginia program. We wish Vermont and her crew a long and distinguished career in defense of our nation."

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 a workforce of more than 16,600 employees at its three primary locations in Groton and New London, Connecticut, and Quonset Point, Rhode Island. General Dynamics Electric Boat is a business unit of General Dynamics (NYSE: GD). Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR solutions; and shipbuilding and ship repair. General Dynamics employs more than 100,000 people worldwide and generated $36.2 billion in revenue in 2018.

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

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

Vermont Delivery

Vermont video

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