04:42 AM EDT, 05/01/2025 (MT Newswires) -- General Dynamics ( GD ) unit General Dynamics Electric Boat said late Wednesday it won $12.4 billion in contract modifications to build two fiscal year 2024 Virginia-class submarines.

The contract also finances investments to improve productivity at the shipyards and workforce support.

The company said the contract includes options that would bring its cumulative value to $17.2 billion, if exercised.