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GD Electric Boat Awarded $1B For Long Virginia Sub Long-lead Material After 1 Year Delay

This post has been updated with a statement from Electric Boat. General Dynamics Electric Boat was awarded an advanced procurement contract for two new Virginia-class attack submarines after a year-long insurance dispute with the Navy. The $1.07 billion award will pay for long-lead items for the Block V attack boats SSN-812 and SSN-813 and will […]

Business notes for the week of May 22

See which businesses are expanding and which ones are giving back.

Inside Business reveals Power List 2023 and Top 20

In the Inside Business 2023 Power List, we organized the Top 20 by types of influence or power rather than a numerical ranking.

Navy, Shipyards Settle Dispute that Delayed Submarine Orders

It’s unclear how the sides came to agreement, or just how late the two Virginia-class subs will eventually arrive.

Defense Business Brief: A year without sub parts; Big Javelin deal; DOD's new payment structure; and more...