General Dynamics awarded $22.2B submarine contract

Revised throughout at 5:05 p.m. to add contract details.

PBN Staff

12/02/2019

GENERAL DYNAMICS has been awarded a $22.2 billion contract to build the next generation of Virginia-class submarines. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

PROVIDENCE – General Dynamics Corp. has been awarded a multiyear $22.2 billion contract in partnership with Huntington Ingalls Industries Inc. from the U.S. Navy, Sen. Jack Reed, D-R.I., announced on Monday. The contract is for nine Block V Virginia-class submarines with the option for a 10th. The additional submarine would raise the value of the…

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