The Virginia-class attack submarine North Dakota (SSN-784) is rolled out of an indoor shipyard facility at General Dynamics Electric Boat in Groton, Conn. US Navy Photo
General Dynamics Corp. plans to invest $1 billion in 2019 in upgrading and retooling its manufacturing operations company-wide, with a focus on its growing submarine construction business.
A plurality of this year’s capital expenditures – the reinvestment in manufacturing operations, commonly referred to as CapEx – will focus on...