General Dynamics Electric Boat Awarded Contract for US Navy Virginia Payload Module Development

Released on Wednesday, July 6, 2016
United States of America
Virginia Block IV
US - United States
VPM - Virginia Payload Module
GROTON, Conn. - General Dynamics Electric Boat has been awarded a $116 million contract modification for the continued development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines, boosting strike capacity by 230 percent.

Source: U.S. Navy Awards General Dynamics $116 Million for Virginia Payload Module Development

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