U.S. Navy Awards General Dynamics $116 Million for Virginia Payload Module Development

GROTON, Conn., July 6, 2016 -- General Dynamics Electric Boat has been awarded a $116 million contract modification for the continued development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics .

The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines, boosting strike capacity by 230 percent.

More information on Electric Boat is available at www.gdeb.com.

More information about General Dynamics is available at www.generaldynamics.com.

SOURCE General Dynamics Electric Boat

CONTACT: Timothy Boulay, Tel: 860 433 8556, tboublay@gdeb.com