You are currently viewing March 20, 2019 – Electric Boat awarded $2 Billion for Virginia-Class Submarine Material

The U.S. Navy has awarded General Dynamics Electric Boat a $2 billion contract modification for long lead time material to support construction of Block V Virginia-class submarines.

The award modifies a contract awarded in 2017 that provides funding for long lead time material for steam and electrical plant components, main propulsion unit and ship service turbine generator efforts and miscellaneous hull, mechanical and electrical system components. This modification brings the overall contract value to approximately $3.2 billion.

“This award allows Electric Boat and the submarine industrial base to continue to make preparations for construction of Block V, which will bring additional payload capacity to the Navy. Our team will continue to produce the world’s most technologically advanced submarines, safely and efficiently,” said Electric Boat President Jeffrey S. Geiger.

Block V submarines will include the Virginia Payload Module (VPM), an added section of the ship containing four large-diameter payload tubes. Extending the hull by 84 feet, the VPM will boost the submarine’s strike capabilities.

Electric Boat employs about 17,000 people in Groton and New London, Connecticut; and Quonset Point, Rhode Island.

2026 Veterans Day Observances

Join us on Tuesday, November 10, 2026, for Electric Boat’s annual Veterans Day observances, as we gather together to honor our service members past and present. There will be ceremonies held for first-, second- and third-shift employees in Groton and Quonset Point. 2026 Veterans Day commemorative pins will be available for those in attendance. If...Continue reading→

Introducing the Native Americans & Indigenous People of Electric Boat (NAIP) Employee Resource Group

Electric Boat (EB) Employee Resource Groups (ERGs) play a vital role in supporting our diverse workforce while contributing to the success of our business. Formed to raise awareness and celebrate different cultures, communities, and experiences, these employee‑led groups foster a stronger sense of unity and belonging. ERGs cultivate an inclusive environment where employees can connect,...Continue reading→

EB Supports 45th Annual MLK Scholarship Awards

Electric Boat was proud to serve as a scholarship sponsor for the Dr. Martin Luther King, Jr. Scholarship Trust Fund at its 45th Annual Scholarship Awards Dinner. More than 600 community members gathered to celebrate this year’s extraordinary cohort of 2026 MLK Scholars. These 13 outstanding students were recognized for their academic excellence, leadership, character,...Continue reading→

Building the Future: EB’s New Central Distribution Hub

In April, Electric Boat (EB) began construction on the new central distribution hub for its warehousing, shipping, and receiving operations at 45 Frontage Road in North Stonington, CT. Since then, the 480,000‑square‑foot next‑generation warehouse facility has quickly taken shape. All wall panels are now complete, and construction is ahead of schedule. The facility will celebrate...Continue reading→

Groundbreaking Ceremony Marks Start of USS Groton Sail Monument

Fifty years after the USS Groton (SSN‑694) first launched, dozens gathered outside the Groton Public Library Oct. 9 to celebrate the groundbreaking of the USS Groton Sail Monument. The $6.6 million project—three decades in the making—will honor the men and women who design, build, operate and maintain the Navy’s submarines, as well as the families...Continue reading→

A Celebration of Heart, Community and Victory

2026 American Heart Association Eastern Connecticut Heart Walk Recap Saturday, October 3, 2026 | UConn Avery Point The 2026 American Heart Association Eastern Connecticut Heart Walk at UConn Avery Point was nothing short of extraordinary. Under bright autumn skies, 26 incredible Electric Boat teams and 151 walkers came together with passion, purpose, and unstoppable energy...Continue reading→