General Dynamics Electric Boat Secures $15.

General Dynamics Electric Boat Secures $15.38B Navy Contract
General Dynamics' Electric Boat subsidiary has secured a significant $15.38 billion cost-plus contract modification from the U.S. Navy to advance the Columbia-class ballistic missile submarine program. This substantial defense contract represents a major boost for the defense contractor and underscores continued government investment in naval capabilities. The funding allocation breaks down with $3.07 billion designated from the FY26 national sea-based deterrence fund, representing 95 percent of the total award, while $74 million comes from the FY25 maritime industrial base allocation at 2 percent. This contract award reflects the Pentagon's commitment to modernizing its submarine fleet and maintaining strategic deterrence capabilities.