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General Dynamics gets $17.6 bln submarine contract from US Navy
April 28, 2014 / 9:40 PM / 4 years ago

General Dynamics gets $17.6 bln submarine contract from US Navy

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)

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