Monitor for additional modifications or follow-on awards under the same contract vehicle, which could indicate sustained demand for submarine communications systems. The modification is incremental and routine, with no immediate read-through to General Dynamics' overall financial performance.
Price Chart
Executive Summary
Electric Boat Corporation, a subsidiary of General Dynamics, received a $63.5 million contract modification from the Department of Defense for internal communications systems on a submarine program. The award is a routine modification to an existing contract, providing incremental revenue to General Dynamics' marine systems segment.
Key Financial Metrics
Key Facts
- Electric Boat Corporation, a General Dynamics subsidiary, received a $63.5 million contract modification (N0002424C2124, Mod A00014).
- The modification is for procurement of internal communications systems.
- Awarding agency is the Department of Defense.
- Action date is July 23, 2026.
Financial Impact
$63.5 million contract modification; revenue impact relative to General Dynamics' total revenue is not calculable from provided data.
Risk Factors
- Government contract modifications are routine and may not indicate a material change in program scope or funding.
- No revenue figure for General Dynamics was provided, so the materiality of this award 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-N0002424C2124 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | GOVT-CONTRACT | $357.50 | awaiting T+5 | — | $357.04 (−0.13%) |
Oct 23, 2026 3d ago | Press Release | $349.30 | awaiting T+5 | — | $357.04 (+2.22%) |
Oct 7, 2026 19d ago | 8-K | $328.31 $337.03 | ▲ +2.66% | ▲ +2.93% | $357.04 (+8.75%) |
Oct 6, 2026 20d ago | SC 13D/A | $326.63 $334.66 | ▲ +2.46% | ▲ +3.44% | $357.04 (+9.31%) |
Oct 1, 2026 26d ago | GOVT-CONTRACT | $330.09 $331.27 | ▲ +0.36% | ▼ −0.80% | $357.04 (+8.16%) |
Sep 30, 2026 27d 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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