Electric Boat Awarded $255 Million Contract Modification

GROTON, CT — General Dynamics Electric Boat has been awarded a $255 million U.S. Navy contract modification to continue engineering, technical, design agent and planning yard support for the Navy's strategic and attack submarine fleet, according to a U.S. Department of War statement.

The award modifies a previously issued contract and covers work supporting submarines that are already in service.

The contract was announced July 9. Work will be performed at multiple locations through December 2026, with Groton expected to account for the largest share. About 70% of the work will take place in Groton, according to the contract announcement.

The latest award comes as Electric Boat continues to expand its workforce.

The company plans to hire about 16,000 employees over the next two years to support increasing submarine production. The hiring effort includes positions in manufacturing, engineering, design and skilled trades as the company works to meet demand for both Virginia-class fast-attack submarines and Columbia-class ballistic missile submarines.

The company expects to open its training centers in the former Crystal Mall in Waterford, with most workers at the facility in place by mid-2027, according to The Day of New London.