Stock Markets July 23, 2026 05:39 PM

General Dynamics Electric Boat Secures $127.05M Navy Contract for Submarine Communications Components

Award covers long-lead materials for internal communications systems on Virginia-class submarines, with work to finish by July 2034

By Hana Yamamoto
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General Dynamics Electric Boat Corp. was awarded a $127,050,000 contract modification from the U.S. Department of War to procure long lead-time materials for internal communications systems used in Virginia-class submarines. The work will be performed in Camden, New Jersey, and the contract remains an undefinitized action under an existing agreement. Fiscal 2026 Navy procurement funds of $63,525,000 will be obligated at award and will not expire at the fiscal year end.

General Dynamics Electric Boat Secures $127.05M Navy Contract for Submarine Communications Components
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Key Points

  • General Dynamics Electric Boat Corp. received a $127,050,000 contract modification for submarine internal communications systems.
  • The award is an undefinitized contract action under contract N00024-24-C-2124 and covers procurement of long lead-time materials for Virginia-class submarines.
  • Work will be performed in Camden, New Jersey, with an expected completion date of July 2034; $63,525,000 in fiscal 2026 Navy procurement funds will be obligated at award and will not expire at fiscal year end.

General Dynamics Electric Boat Corp. has received a contract modification valued at $127,050,000 from the U.S. Department of War to support submarine communications systems, the department announced Thursday. The award was issued under an existing contract identified as N00024-24-C-2124.

The modification specifically covers the procurement of long lead-time material intended for internal communications systems on Virginia-class submarines. The work tied to the modification is scheduled to be carried out in Camden, New Jersey, and is planned for completion by July 2034.

The award is characterized as an undefinitized contract action within the scope of the previously awarded agreement. At the time of award, fiscal 2026 other procurement (Navy) funds totaling $63,525,000 will be obligated to the contract. According to the announcement, those funds will not expire at the end of the current fiscal year.

The contracting activity for this modification is the Supervisor of Shipbuilding Conversion and Repair located in Groton, Connecticut. The modification was awarded to General Dynamics Electric Boat Corp., based in Groton, Connecticut, under the referenced contract number.


Context and contract mechanics

This contract modification augments an existing agreement rather than establishing a new, standalone contract. As an undefinitized contract action, final terms and specifications remain tied to the framework of the original contract N00024-24-C-2124.

Geographic and funding details

  • Work location: Camden, New Jersey.
  • Contract completion target: July 2034.
  • Funds to be obligated at award: $63,525,000 in fiscal 2026 other procurement (Navy) funds.

All factual information in this report is drawn from the contracting announcement. The announcement lists the U.S. Department of War as the awarding department and identifies the Supervisor of Shipbuilding Conversion and Repair in Groton, Connecticut as the contracting activity.

Risks

  • As an undefinitized contract action, final terms and specifications remain to be defined under the existing agreement - this could affect schedule or cost outcomes for the defense procurement sector.
  • The long lead-time nature of the materials introduces schedule risk for delivery and integration on Virginia-class submarines, impacting shipbuilding and defense supply chains.
  • Obligation of fiscal 2026 funds locks in a portion of Navy procurement spending, which may affect budget allocation within the defense procurement category if contract scope changes.

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