GD's Electric Boat unit secures a $987M Navy contract to bolster support for Columbia-class submarines through 2031.

General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), was awarded a $987 million contract ...

The contract adds $986.8 million for additional component development, class lead yard support and submarine industrial base supplier development enhancements. The work is to support Columbia-class ...

Groton shipyard Electric Boat has been awarded a $987 million contract modification from the Navy that will help the ...

GROTON, Conn., June 18, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $987 million contract ...

The Navy’s top civilian questioned the long-term teaming arrangement between U.S. submarine builders during a hearing before ...

"Inferior compensation at Electric Boat is leading to worker shortages and production delays," UAW said. In January, General Dynamics CEO Phebe Novakovic flagged continued pressure on the marine ...

GROTON, Conn., April 30, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a total of $12.4 billion in ...

GROTON, Connecticut — Marine drafters at submarine manufacturer General Dynamics Electric Boat will go on strike on May 19 if their union and the company's management do not agree by then on a ...

Union members at General Dynamics' Electric Boat submarine-making unit have voted to ratify a new contract, the United Auto Workers said on Wednesday.

General Dynamics Electric Boat, the U.S. Navy and labor leaders reached a tentative agreement to increase wages for workers at the Quonset Point facility. The new wage for hourly employees will ...

The compensation of Christopher Calio, the CEO of Pratt & Whitney’s parent company, Arlington, Virginia-based RTX, totaled approximately $18 million in 2024 — nearly 160 times greater than $113,094, ...