Pennsylvania Business Report
Philadelphia company enters agreement to support U.S. Navy Submarine industrial base
Philadelphia-based Rhoads Industries, Inc. announced it had entered into a long-term agreement with General Dynamics Electric Boat to provide advanced manufacturing and shipbuilding support services for U.S. Navy submarine construction programs. The agreement spans 10 years from 2026 to 2035 and is valued at approximately $2.5 billion, the companies said. The agreement will also reinforce the relationship between Rhoads and General Dynamics Electric Boat, a division of General Dynamics, whil...
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Credit: Philly Shipyard
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