COVID Stimulus Watch Individual Entry

Recipient Company:
ELECTRIC BOAT CORPORATION
Contract Amount:
$67,158,682

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: GD)
Facility Street Address: 75 EASTERN POINT RD
Facility City: GROTON
Facility State: CT
Facility Zip Code: 63404905
Facility Congressional District: CT-2
Facility NAICS Code: 336611 : Ship Building and Repairing

Award Details

Award Date: Jul 11, 2019
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: COMBAT SHIPS AND LANDING VESSELS
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca

Parent Company Data

Parent Company: General Dynamics
Headquartered in: Virginia
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 102,900

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $18,802,959
Contracting icon
Government-contracting-related Penalties: $202,455,087
Environment icon
Environmental / Healthcare / Safety Penalties: $4,093,142
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 157 to 1
CEO Compensation: $18,313,204
Worker Median Pay: $116,510
Tax icon
Total Federal, State, and Local Subsidies: $312,906,870
Federal Corporate Income Tax Rate: 17.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources