{"id":986897,"date":"2026-07-29T20:03:05","date_gmt":"2026-07-30T00:03:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\/"},"modified":"2026-07-29T20:03:05","modified_gmt":"2026-07-30T00:03:05","slug":"general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\/","title":{"rendered":"General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n GROTON, Conn.<\/span>, July 29, 2026<\/span> \/PRNewswire\/ — As part of today’s $76.6 billion Navy contract announcement, General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced it has been awarded $29.5 billion for five additional Columbia-class submarines, $42.1 billion for nine additional Virginia-Class submarines, and additional support for shipyard infrastructure.<\/p>\n

\n

\n \"General\n <\/p>\n<\/p><\/div>\n

Information about these contract modifications is detailed in the U.S. Department of War contract awards, which can be found here<\/a>\u00a0and here<\/a>.<\/p>\n

“These important contract modifications provide Electric Boat and our suppliers with the demand certainty we need to continue investing in capacity and hiring the workforce necessary to ensure we deliver these important national security assets on schedule,” said Mark Rayha, president of General Dynamics Electric Boat.<\/p>\n

General Dynamics Electric Boat designs, builds, repairs and modernizes nuclear submarines for the U.S. Navy. Headquartered in Groton, Connecticut, it employs more than 27,000 people. More information about General Dynamics Electric Boat is available at www.gdeb.com<\/a>.<\/p>\n

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; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at www.gd.com<\/a>.<\/p>\n

\n

\n \"General\n <\/p>\n<\/p><\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award-302838350.html<\/a><\/p>\n

SOURCE General Dynamics<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire GROTON, Conn., July 29, 2026 \/PRNewswire\/ — As part of today’s $76.6 billion Navy contract announcement, General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced it has been awarded $29.5 billion for five additional Columbia-class submarines, $42.1 billion for nine additional Virginia-Class submarines, and additional support for shipyard infrastructure. Information about these contract modifications is detailed in the U.S. Department of War contract awards, which can be found here\u00a0and here. “These important contract modifications provide Electric Boat and our suppliers with the demand certainty we need to continue investing in capacity and hiring the workforce necessary to ensure we deliver these important national security assets on schedule,” said Mark Rayha, president of General Dynamics … <\/p>\n

Continue reading “General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-986897","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGeneral Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire GROTON, Conn., July 29, 2026 \/PRNewswire\/ — As part of today’s $76.6 billion Navy contract announcement, General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced it has been awarded $29.5 billion for five additional Columbia-class submarines, $42.1 billion for nine additional Virginia-Class submarines, and additional support for shipyard infrastructure. Information about these contract modifications is detailed in the U.S. Department of War contract awards, which can be found here\u00a0and here. “These important contract modifications provide Electric Boat and our suppliers with the demand certainty we need to continue investing in capacity and hiring the workforce necessary to ensure we deliver these important national security assets on schedule,” said Mark Rayha, president of General Dynamics … Continue reading "General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-30T00:03:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS1961032\/General-Dynamics-Electric-Boat-Navy-Contract.jpg?id=OA2804585\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award\",\"datePublished\":\"2026-07-30T00:03:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/\"},\"wordCount\":253,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS1961032\\\/General-Dynamics-Electric-Boat-Navy-Contract.jpg?id=OA2804585\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-dynamics-electric-boat-awarded-construction-contracts-for-14-submarines-as-part-of-76-6-billion-navy-award\\\/\",\"name\":\"General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award - 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