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From USNI News: Electric Boat Receives Half-Billion-Dollar Award To Help Submarine Suppliers Expand

 

By: Ben Werner
May 21, 2019 5:39 PM
May 21 (USNI News) — The Navy awarded General Dynamics Electric Boat nearly half a billion dollars to help shore up its submarine supplier base through equipment purchases and plant expansions.

The Department of Defense 2019 Appropriations Act included this money, aimed at addressing the health of the companies that supply Electric Boat with components and the lower-tier companies that supply the suppliers, according to the Navy.

Read more here: https://news.usni.org/2019/05/21/electric-boat-receives-half-billion-dollar-award-to-help-submarine-suppliers-expand

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