General Dynamics Wins $22.2 Billion for Virginia-Class Subs
- Contract for nuclear-powered submarines is Navy’s largest ever
- Huntington Ingalls Industries to share in construction
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General Dynamics Corp. has received a $22.2 billion contract from the U.S. Navy to build nine more nuclear-powered Virginia-class submarines, the largest shipbuilding contract in the service’s history.
The contract includes an option for a 10th vessel over five years, the Navy said Monday. Huntington Ingalls Industries Inc. is the top subcontractor.