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General Dynamics awarded $1.27B Navy contract modification

General Dynamics (GD) was awarded a $1.27B cost-plus-fixed-fee modification to a previously awarded contract for lead yard support and development studies and design efforts related to Virginia-class submarines. This contract modification includes options which, if exercised, would bring the cumulative value of the contract change to $2.49B. Work is expected to be completed by April 2027. Naval Sea Systems Command is the contracting activity.

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