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Company News

General Dynamics, Huntington Ingalls win $22 bln contract for U.S. submarines

WASHINGTON, Dec 2 (Reuters) - General Dynamics Corp has been awarded a $22.2 billion U.S. Navy contract for the construction of nine Virginia-class submarines, the Pentagon said on Monday in announcing its largest-ever shipbuilding award.

General Dynamics Electric Boat Corp is the prime contractor and Huntington Ingalls Industries Inc is a major subcontractor, the Pentagon said in a statement. (Reporting by Eric Beech)

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