General Dynamics Electric Boat continues to receive late deliveries of submarine components from a "very fragile" supply chain, company executives said today, noting enduring production challenges within the Navy's two critical submarine programs. Despite a proposed $3.4 billion investment in the submarine industrial base included in the White House’s recent supplemental spending request , Chief Financial Officer Jason Aiken said General Dynamics’ AUKUS execution timeline is unchanged and the company’s focus remains on gradually improving Virginia-class submarine delivery rates. “There's...
