The U.S. Navy has awarded General Dynamics Electric Boat a substantial $76.6 billion contract for the construction of new submarines and shipyard infrastructure support. This significant investment includes $29.5 billion for five Columbia-class submarines and $42.1 billion for nine Virginia-class submarines, alongside additional funding for shipyard improvements.
Connecticut Governor Ned Lamont praised the announcement, emphasizing its positive impact on the state. "This is fantastic news for Connecticut and for Electric Boat," Governor Lamont said. "With these multi-year contracts, the Navy has made clear what we’ve known all along: Electric Boat builds the best submarines in the world, and Connecticut has the best workforce in the world to build them."
The Governor highlighted the commitment to years of shipbuilding in Connecticut, anticipating more jobs and economic growth. He also noted the state's ongoing investments in affordable housing, transportation, and schools to support families moving to the New London area, encouraging them to establish roots in the community.