Electric Boat secures $9.5 billion submarine contract
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November 8, 2020
GROTON, Conn. (AP) — Connecticut and Rhode Island officials are celebrating a new submarine contract for General Dynamics Electric Boat as a major economic win for the region's economy.
The $9.47 billion contract with the U.S. Navy, which was announced Friday, is for construction and testing of the first two Columbia-class submarines.
The 560-foot (170-meter) Columbia-class submarines are slated to be the largest constructed in the United States and will replace the older Ohio-class ballistic missile submarines, the company said.
"This isn't just a milestone for the shipbuilders at EB — the Co...
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