Archive

General Dynamics Electric Boat

  • General Dynamics gets $194M contract for SLCM-N fire control work

    The Navy awarded General Dynamics Mission Systems a $194.1 million contract modification to support development of the fire control subsystem for its nuclear-armed Sea-Launched Cruise Missile (SLCM-N) program. The Sept. 3 award provides $194.1 million in engineering and technical support for the SLCM-N Fire Control Subsystem, according to the Pentagon’s contract announcement. Work is expected […]

  • Australia lands purchase order from Electric Boat

    The Australian government July 29 announced Australia’s Bisalloy Steel received a $2 million purchase order from U.S. submarine shipbuilder General Dynamics Electric Boat, the first time an Australian company received such an order under the tripartite AUKUS agreement.  The agreement covers an order for HY80 steel plate to support production and construction of Virginia-class submarines […]

  • Navy awards $76.6 billion for nine Virginia-class and five Columbia-class submarines

    The Navy last week awarded General Dynamics (GD) Electric Boat a contract worth $76.6 billion to build nine Virginia-class Block VI attack submarines (SSNs) and five Columbia-class ballistic missile submarines (SSBNs) after years of delays. The Navy has been negotiating this deal with prime contractor Electric Boat and HII for up to 10 Block VI […]

  • Chief of Naval ops details new Ohio SSBN extension strategy

    The Navy’s top officer last week outlined updates in the service’s strategy to extend the service life of several nuclear-armed Ohio-class ballistic missile submarines (SSBNs) that could result in quicker turnarounds for delays in the new Columbia-class boats. “We were looking at a number between four and five of these PIRAs, as we call them, […]

  • General Dynamics posts strong first quarter led by shipbuilding

    Just as it ended 2025, General Dynamics (GD) began 2026 with strong financial results, again led by the shipbuilding business while all of the company’s operating segments touted top and bottom-line increases in the first quarter. Net income rose 13% to $1.1 billion, $4.10 earnings per share (EPS), from $994 million ($3.66 EPS). Sales increased […]

  • General Dynamics posts strong first quarter led by shipbuilding

    Just as it ended 2025, General Dynamics (GD) began 2026 with strong financial results, again led by the shipbuilding business while all of the company’s operating segments touted top and bottom-line increases in the first quarter. Net income rose 13% to $1.1 billion, $4.10 earnings per share (EPS), from $994 million ($3.66 EPS). Sales increased […]

  • General Dynamics wins $15B award for Columbia-class sub industrial base support

    The Navy last week awarded General Dynamics’ (GD) Electric Boat Corp. a $15.38 billion modification in more Columbia-class nuclear ballistic missile submarine (SSBN) work related to industrial base development support. This award covers additional Columbia-class submarine design, lead yard support and sustainment, “integrated enterprise plan initiatives for the class, and submarine industrial base supplier development […]

  • General Dynamics wins $15B award for Columbia-class sub industrial base support

    The Navy last week awarded General Dynamics’ (GD) Electric Boat Corp. a $15.38 billion modification in more Columbia-class nuclear ballistic missile submarine (SSBN) work related to industrial base development support. This award covers additional Columbia-class submarine design, lead yard support and sustainment, “integrated enterprise plan initiatives for the class, and submarine industrial base supplier development […]

  • Shipbuilding leads General Dynamics to solid fourth quarter

    Led by its shipbuilding segment, General Dynamics (GD) last week posted solid fourth quarter results to cap off a strong fiscal year. Net income in the quarter was flat at $1.1 billion and earnings per share (EPS) of $4.17 were two cents higher than a year ago due to a lower outstanding share count, according […]

  • Shipbuilding leads General Dynamics to solid fourth quarter

    Led by its shipbuilding segment, General Dynamics (GD) last week posted solid fourth quarter results to cap off a strong fiscal year. Net income in the quarter was flat at $1.1 billion and earnings per share (EPS) of $4.17 were two cents higher than a year ago due to a lower outstanding share count, according […]

  • HASC seapower chair backs battleship concept

    The top lawmaker on the House’s Navy acquisition oversight panel on Wednesday backed the Donald Trump administration’s plan to build a new fleet of battleships, calling the initiative a “great idea.” Rep. Trent Kelly (R-Miss.), chair of the House Armed Services Seapower and Projection Forces Subcommittee also offered his support for the Trump administration’s recently […]

  • Second attack sub delivered this year

    The Navy accepted delivery of the future Virginia-class USS Idaho (SSN-799) from General Dynamics (GD) Electric Boat on Monday, marking the second attack submarine delivery of the year. The boat will now undergo a set of tests and trials before being commissioned into active service, expected in the spring of 2026. SSN-799 is the 26th […]

  • Austal USA to share 3D printing tech with Aussie shipbuilder ASC

    Austal USA recently announced an agreement with Australia’s government-owned Australian Submarine Corporation (ASC) to share its 3D printing and additive manufacturing technology in another move to aid Australia’s industry as the AUKUS agreement proceeds. The Memorandum of Understanding (MoU) specifically covers collaboration on additive manufacturing (AM) technologies and workforce development via training and upskilled in […]

  • General Dynamics posts strong third quarter results on shipbuilding

    General Dynamics (GD) last Friday reported strong third quarter financial results largely due to its Marine Systems segment, continuing a sturdy run of top and bottom-line gains all year. The shipbuilding segment, up 14%  and 13% respectively on the top and bottom-lines, benefited from construction of the Navy’s Columbia-class ballistic missile submarine and Virginia-class attack […]

  • General Dynamics posts strong third quarter results on shipbuilding

    General Dynamics (GD) last Friday reported strong third quarter financial results largely due to its Marine Systems segment, continuing a sturdy run of top and bottom-line gains all year. The shipbuilding segment, up 14%  and 13% respectively on the top and bottom-lines, benefited from construction of the Navy’s Columbia-class ballistic missile submarine and Virginia-class attack […]

  • BWXT rounds out launch tube manufacturing for Navy ballistic missile subs

    Nuclear Naval reactor maker BWX Technologies is out of the submarine missile tube building business after completing its contracted work for the U.S. Navy and allied fleets in 2023, the company’s chief executive said on Feb. 27.  BWXT makes Common Missile Compartment tubes at its factory in Mount Vernon, Ind. The tubes are designed to […]

  • BWXT head reports ‘strong footing’ following closeout of Navy submarine missile tube manufacturing

    Nuclear Naval reactor maker BWX Technologies is out of the submarine missile tube building business after completing its contracted work for the U.S. Navy and allied fleets in 2023, the company’s chief executive said on Feb. 27.  BWXT makes Common Missile Compartment tubes at its factory in Mount Vernon, Ind. The tubes are designed to […]

  • Pitches for potential 20-year, $30B Pantex management deal due by Sept. 14

    Whoever next manages the National Nuclear Security Administration’s Pantex Plant in Amarillo, Texas, could hold the job for 20 years under a contract worth up to $30 billion now that a final pair of five-year options periods have been approved by senior officials.  A final request for proposals (RFP) for a new management contract at […]

  • Wrap up: GAO on NNSA; former SNL director dies at 81; Aussies to pick England for nuke sub; more

    A recent U.S. Government Accountability Office (GAO) report on the National Nuclear Security Administration found that technical limitations and exceptions for some nuclear warheads do not hamper the Defense Department’s planning or operations. Published March 90, the report highlights 90 technical nuclear weapons exceptions and limitations in six categories: Safety, operational considerations, reliability, performance, aircraft […]

  • One month of margin left on first Columbia ballistic missile submarine, Navy says

    The Navy plans to buy five Columbia-class nuclear-armed ballistic missile submarines in a block buy after the first two vessels and little margin remains to get the first vessel on patrol by the early 2030s, an admiral said Tuesday. “For long range planning and to signal the industrial base…our plan will be to buy the […]

  • White House Requests Exemptions In Likely CR For Columbia Subs, W93 Development

    The White House’s request to Congress for exemptions to be included in a likely stopgap spending measure covers procurement of two Columbia-class submarines and development of the W93 submarine-launched nuclear warhead, according to documents. The list of “anomalies” for a continuing resolution arrives as the administration and congressional leadership have agreed on a tentative deal […]

  • Amid Pandemic, GD’s Earnings, Sales Fall in Second Quarter

    General Dynamics on Wednesday posted lower earnings and sales in its second quarter on continued weakness in its Aerospace segment and an overall decline in its government and defense businesses due to impacts from the COVID-19 pandemic. Net income fell 23% to $625 million, $2.18 earnings per share (EPS), from $806 million ($2.77 EPS), three […]

  • Amid Pandemic, GD’s Earnings, Sales Fall in Second Quarter

    General Dynamics on Wednesday posted lower earnings and sales in its second quarter on continued weakness in its Aerospace segment and an overall decline in its government and defense businesses due to impacts from the COVID-19 pandemic. Net income fell 23% to $625 million, $2.18 earnings per share (EPS), from $806 million ($2.77 EPS), three […]

  • Navy Awards Electric Boat $869M Columbia Mod And $9.5B Option For First Two Subs

    The Navy on Monday awarded General Dynamics Electric Boat an $869 million modification for continued Columbia-class ballistic missile submarine (SSBN) procurement work, with an added price option for the first two submarines that would increase the total contract value to $9.5 billion. Assistant Secretary of the Navy for Research, Development, and Acquisition James Geurts told reporters during a […]

  • GAO Outlines Columbia Sub Technology And Schedule Issues

    The latest issue of the annual Government Accountability Office (GAO) assessment of major defense acquisition programs outlined remaining risks to the design and on-time production of the Columbia-class ballistic missile submarine (SSBN). In its Defense Acquisition Annual Assessment, published June 3, the GAO noted while the Navy reports the nuclear reactor technology as mature since 2018, “several […]

  • COVID-19 Impacts Hit GD’s First Quarter Results On Delayed Aircraft Deliveries

    The ongoing coronavirus pandemic delayed General Dynamics deliveries of business jets in the first quarter, sending sales and net income lower. The company’s defense businesses overall reported slightly higher sales and profit. Net income fell 5 percent to $706 million, $2.43 earnings a share, from $745 million, or $2.56 a share, lagging consensus estimates by […]

  • Electric Boat Gets $56M Mod for Ballistic Missile Tubes

    Naval Sea Systems Command on April 10 awarded General Dynamics Electric Boat a $56 million modification to manufacture another 18 missile tubes for the U.S. Columbia-class and U.K. Dreadnaught-class future ballistic missile submarines. The work on the joint U.S.-U.K. common missile compartment program is expected to be finished by May 2028. This modification was funded via U.K. […]

  • Electric Boat Chief Has COVID-19, Sub Builder ‘Dramatically’ Reducing Workers On Site

    The president of General Dynamics Electric Boat has tested positive for the COVID-19 virus while the company confirmed further changes to the workforce configuration to limit the disease’s spread within its facilities. In an April 4 message to employees, Electric Boat President Kevin Graney disclosed he has tested positive for the pandemic virus, noting his […]

  • Electric Boat Chief Has COVID-19, Sub Builder ‘Dramatically’ Reducing Workers On Site

    The president of General Dynamics Electric Boat has tested positive for the COVID-19 virus while the company confirmed further changes to the workforce configuration to limit the disease’s spread within its facilities. In an April 4 message to employees, Electric Boat President Kevin Graney disclosed he has tested positive for the pandemic virus, noting his […]

  • General Dynamics Posts Strong Earnings In Fourth Quarter

    Led by its aerospace business, General Dynamics on Wednesday reported strong fourth-quarter earnings on solid sales. Management said it expects continued growth in 2020. The Reston, Va.-based company, whose subsidiary, General Dynamics Electric Boat, is the prime contractor on the Navy’s next-generation Columbia-class ballistic-missile submarines, also signaled an improved outlook in cash collections that will […]