Austal USA secures $450M contract with General Dynamics Electric Boat for Alabama shipyard expansion, creating 1,000 jobs by 2026.

Austal USA has secured a $450 million contract with General Dynamics Electric Boat to enhance submarine module production at its Mobile, Alabama shipyard, supporting the U.S. Navy's Submarine Industrial Base. The project includes a new module fabrication and outfitting facility, expected to create about 1,000 jobs and be completed by 2026. This expansion aims to facilitate the annual delivery of one Columbia-class and two Virginia-class submarines.

September 16, 2024
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