General Dynamics Corp.’s GD subsidiary, Electric Boat, recently clinched a modification contract worth $696.2 million for supplying long lead time materials for the construction of fiscal 2019 and fiscal 2020 Virginia-class submarines.

Details of the Deal

Majority of the work related to the deal will be carried out in Sunnyvale, CA; while the rest will be executed in different parts across the United States as well as Loanhead, United Kingdom. The contract was awarded by the Naval Sea Systems Command, Washington, DC.

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