General Dynamics (GD +1.1%) Electric Boat division lands a $208.6M contract modification to buy...

|About: General Dynamics Corporation (GD)|By:, SA News Editor

General Dynamics (GD +1.1%) Electric Boat division lands a $208.6M contract modification to buy long lead-time material for three Virginia-class submarines. GD will start construction of two submarines per year beginning in 2011, and covers the Virginia-class submarine, SSN-793, and two FY 15 submarines, SSN-794 and SSN-795.