Monitor for future contract modifications or new awards under the same program to gauge the pace of submarine construction funding. This modification is routine and does not change the company's near-term outlook.
Price Chart
Executive Summary
The U.S. Department of Defense issued a $149 million contract modification to Electric Boat Corporation, a subsidiary of General Dynamics, for funding actions on an existing contract. The modification adds to the company's backlog but is a routine funding action on a previously awarded contract, not a new competitive win.
Key Financial Metrics
Key Facts
- Contract modification N0002420C2120 (Mod P00204) awarded to Electric Boat Corporation, a subsidiary of General Dynamics Corp.
- Obligation amount of $149,028,497 for a funding action.
- Awarding agency is the U.S. Department of Defense.
- Company annual revenue is not provided in the context; revenue impact percentage cannot be calculated.
Financial Impact
$149 million contract modification for funding action on existing contract.
Risk Factors
- Funding actions are routine and do not indicate new business wins or changes in program scope.
- No revenue impact percentage available; materiality relative to total revenue cannot be assessed.
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-N0002420C2120 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | GOVT-CONTRACT | — | awaiting T+5 | — | — |
Oct 23, 2026 3d ago | Press Release | $349.30 | awaiting T+5 | — | $357.04 (+2.22%) |
Oct 7, 2026 18d ago | 8-K | $328.31 $337.03 | ▲ +2.66% | ▲ +2.93% | $357.04 (+8.75%) |
Oct 6, 2026 19d ago | SC 13D/A | $326.63 $334.66 | ▲ +2.46% | ▲ +3.44% | $357.04 (+9.31%) |
Oct 1, 2026 25d ago | GOVT-CONTRACT | $330.09 $331.27 | ▲ +0.36% | ▼ −0.80% | $357.04 (+8.16%) |
Sep 30, 2026 26d ago | GOVT-CONTRACT | $332.72 $329.90 | ▼ −0.85% | ▼ −2.15% | $357.04 (+7.31%) |
Sep 25, 2026 4w ago | GOVT-CONTRACT | $334.16 $331.72 | ▼ −0.73% | ▼ −1.93% | $357.04 (+6.85%) |
Sep 24, 2026 4w ago | GOVT-CONTRACT | $336.72 $330.09 | ▼ −1.97% | ▼ −1.75% | $357.04 (+6.03%) |
Sep 24, 2026 4w ago | GOVT-CONTRACT | $336.72 $330.09 | ▼ −1.97% | ▼ −1.75% | $357.04 (+6.03%) |
Sep 17, 2026 5w ago | GOVT-CONTRACT | $353.05 $336.72 | ▼ −4.63% | ▼ −5.89% | $357.04 (+1.13%) |
US Market Status
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