General Dynamics has been awarded a potential $2.4 billion contract option from the Navy to build a 10th Virginia-class submarine, the U.S. Department of Defense announced last week.
The Fairfax-based company’s Electric Boat subsidiary in Connecticut will work with Huntington Ingalls Industries’ Newport News Shipbuilding on the project, which was added on to a December 2019 contract for $22.2 billion, the largest ever awarded by the Navy. The contract called for the building of nine submarines, with the possibility of a 10th vessel.