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General Dynamics Electric Boat awarded $642M for Virginia-class submarine work

General Dynamics (GD) Electric Boat, a business unit of General Dynamics, announced it has been awarded a $642M contract modification to a previously awarded contract supporting submarine production. This modification is for a 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, as detailed in the U.S. Department of War contract award.

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