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    General Dynamics Electric Boat
    shipbuilding

    General Dynamics Electric Boat

    United States flagUnited States

    "America's first and foremost submarine builder"

    Founded 1899 Groton, Connecticut, United States CEO: Kevin Graney
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    About

    General Dynamics Electric Boat, a subsidiary of General Dynamics Corporation, has been the U.S. Navy's go-to submarine builder for over a century. Its main shipyard sits on the Thames River in Groton, Connecticut, alongside supporting facilities in Quonset Point, Rhode Island, and a design and engineering hub in New London, Connecticut. The company is responsible for constructing some of the most advanced submarines in the world, including the Virginia-class attack submarines and the Columbia-class ballistic missile submarines, which are set to replace the aging Ohio class. With a workforce of more than 17,000 employees, Electric Boat is not just a manufacturer but a cornerstone of American naval capability, contributing significantly to the nation's defense strategy and the local economy of southeastern Connecticut.

    Founded in 1899 by Isaac Rice, a chess master and lawyer with a sharp eye for naval innovation, Electric Boat built the USS Holland, the Navy's first commissioned submarine. That early success set the pattern for a company that would go on to launch the USS Nautilus in 1954, the world's first nuclear-powered submarine, and the USS George Washington, the first ballistic missile submarine. These milestones didn't just change the Navy; they changed the nature of naval warfare, shifting the balance of power beneath the waves.

    In 1952, Electric Boat became a division of General Dynamics, and it has operated as a key business unit ever since. Today, under the leadership of company president Kevin Graney, Electric Boat is in the middle of a major expansion. The Navy's push to rebuild its submarine fleet has brought a wave of contracts and hiring, with the company working to boost production rates while navigating the complexities of a strained supply chain. The work is demanding, but the mission is clear: keep America's undersea fleet the most capable in the world.

    Products & Sub-brands

    Virginia-class attack submarinesColumbia-class ballistic missile submarinesSubmarine lifecycle support and maintenanceSubmarine design and engineering services

    Frequently Asked Questions

    Who owns General Dynamics Electric Boat?
    General Dynamics Electric Boat is a wholly owned subsidiary of General Dynamics Corporation, one of the largest American defense contractors. General Dynamics acquired Electric Boat in 1952, and it operates as a business unit within the company's Marine Systems segment.
    Who is the CEO of General Dynamics Electric Boat?
    Kevin Graney serves as the president of General Dynamics Electric Boat, overseeing all operations across the company's three facilities. He reports to Phebe Novakovic, the chairman and CEO of parent company General Dynamics Corporation.
    How much is General Dynamics Electric Boat worth?
    Electric Boat does not have a standalone valuation, as it operates within General Dynamics Corporation. However, the scale of its business is reflected in recent Navy contracts: in July 2026 alone, Electric Boat was awarded contracts worth tens of billions of dollars, including a $29.5 billion contract for five Columbia-class submarines as part of a $76.6 billion Navy-wide award.
    General Dynamics Electric Boat vs. Huntington Ingalls: What's the difference?
    Electric Boat and Huntington Ingalls Industries' Newport News Shipbuilding are the only two U.S. shipyards capable of building nuclear submarines. They collaborate on Virginia-class construction, dividing hull sections between yards, while Electric Boat serves as the prime contractor for the Columbia class. Electric Boat is based in Groton, Connecticut, while HII is based in Newport News, Virginia.
    Is General Dynamics Electric Boat still in business?
    Yes, General Dynamics Electric Boat is very much in business and is experiencing a period of major growth. In July 2026, the company was awarded contracts for 14 submarines as part of a $76.6 billion Navy award, including five Columbia-class ballistic missile submarines, ensuring work for decades to come.

    Keywords

    submarine builderVirginia-classColumbia-classnuclear submarineGroton ConnecticutGeneral Dynamicsdefense contractorshipyardUS Navy

    Sources

    Company Info

    Founded
    1899
    Founder
    Isaac Rice
    CEO
    Kevin Graney
    Headquarters
    Groton, Connecticut, United States
    Industry
    shipbuilding
    Parent Company
    General Dynamics
    Employees
    17000
    Key Product
    Columbia-class submarines

    Official Website

    www.gdeb.com/

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