GD execs: Submarine supply chain not improving fast enough, program costs rising

By Nick Wilson / October 23, 2024 at 11:51 AM
The submarine supply chain is not improving fast enough, according to General Dynamics executives, who today said the company is slowing construction work to match the sluggish pace of component deliveries. “Until recently, we had a reasonable hope, and it was a reasonable set of expectations, based on the indicators that the supply chain would continue to get better. But most recently, we've seen that in fact, that's not the case, and they're not getting better at the rate at...

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