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General Dynamics to build new sub for Navy

The 2011 budget is re-energizing Navy ship building. The service will spend more than a billion dollars to build a new submarine.

Federal News Network Staff

May 2, 2011 6:14 pm

< a min read

The 2011 budget is re-energizing Navy ship building. The service will spend more than a billion dollars to build a new submarine. The Navy has given the contract to General Dynamics Electric Boat. The Navy had put new ship building projects on hold, while Congress hashed out a final spending plan for the year.

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