General Dynamics gets $17.6 bln submarine contract from US Navy

April 28 Mon Apr 28, 2014 5:39pm EDT

April 28 (Reuters) - General Dynamics Corp, the maker of Gulfstream jets, tanks and naval ships, said its unit had received a contract worth $17.6 billion from the U.S. Navy for the construction of ten submarines.

The construction of the first submarine will begin on May 1 and the delivery of the 10th submarine is scheduled for 2023, General Dynamics said in a statement. (Reporting by Sweta Singh in Bangalore; Editing by Kirti Pandey)

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article