Submarine Industrial  Base Council

From USNI News: General Dynamics To Invest $1 Billion In Production Facilities Upgrades With Focus on Subs


By: Ben Werner
January 30, 2019 5:14 PM
January 30 (USNI News) General Dynamics Corp. plans to invest $1 billion in 2019 in upgrading and retooling its manufacturing operations company-wide, with a focus on its growing submarine construction business.

A plurality of this year’s capital expenditures – the reinvestment in manufacturing operations, commonly referred to as CapEx – will focus on making improvements to General Dynamics Electric Boat, the maker of the Virginia-class attack submarines and the new Columbia-class ballistic-missile submarines.

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