In summary:
- General Dynamics received a $22.2 billion contract from the U.S. Navy for 9 new submarines.
- The company's Electric Boat subsidiary will manufacture the Virginia-class submarines.
- Electric Boat has more than 17,000 employees in Connecticut and Rhode Island.
- The fast-attack submarines will have advanced weapons capabilities and expanded capacity.
- Construction will begin this year, but the subs won't be delivered until 2025.
- Electric Boat makes two submarines per year. The new order will help cut costs and plan ahead.
- Delivery timelines used to be 88 months, and they only made one sub per year.
- The timeline has been cut to 68 months, and they make two.
- They can dive 800 feet while carrying advanced torpedoes, missiles and unmanned underwater vehicles.
- Delivery timelines have been cut from 88 months for one sub, to 68 months for two subs.
