General Dynamics Electric Boat awarded construction contracts for 14 submarines as part of $76.6 billion Navy award

In Groton, Connecticut, on July 29, 2026, General Dynamics Electric Boat, a division of General Dynamics (NYSE: GD), revealed its receipt of a significant portion of the $76.6 billion Navy contract granted that day. The company secured $29.5 billion for the construction of five more Columbia-class submarines, forming a major part of the total contract value.