General Dynamics has yet to receive supplemental shipbuilding money approved by recent continuing resolutions, while the long-delayed awards for 10 block VI Virginia-class submarines and five build II Columbia-class vessels still appear distant, company executives said today during their 2025 first-quarter earnings call. “We're working with the administration on getting the supplemental funding in the CR under contract and so we've had very productive conversations, and we'll continue those,” CEO Phebe Novakovic told Wall Street analysts. “To the extent to...
