Electric Boat awarded additional $5.1 billion for Navy submarine construction

GENERAL DYNAMICS Electric Boat was awarded a $5.1 billion modification to an existing contract from the U.S. Navy to construct the first two Columbia-class submarines, the company announced Wednesday. / COURTESY ELECTRIC BOAT
NORTH KINGSTOWN - The U.S. Navy on Wednesday announced an additional $5.1 billion modification to the contract awarded to General Dynamics Electric Boat for its ongoing Columbia-class nuclear submarines project.  Hailed as “the nation’s next-generation, sea-based strategic deterrent,” according to the U.S. Department of Defense, the submarines are projected to be completed by 2030. The…

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