Submarine Contract Lifts Pentagon Awards in April
This article is for subscribers only.
A $17.8 billion submarine contract, the biggest weapons deal announced by the U.S. military in more than a dozen years, kept Pentagon awards from sinking last month.
The contract to General Dynamics Corp. and partner Huntington Ingalls Industries Inc. had been stuck in limbo during Congress’s budget squabbles last year. It was freed up when the president signed a $1.1 trillion spending bill in January, letting the Defense Department begin funding new projects again.