Electric Boat Corporation
Rank #3 federal contractor · 7.5% of all federal contracts
General Dynamics subsidiary and sole source for U.S. Navy submarines. No competition means no price pressure — and taxpayers foot the bill.
Total Amount
$21.4B
Number of Agencies
1
Subsidiaries
1
Also operates as:
Electric Boat Corporation
Spending Over Time
Related Pages
Contractor Monopoly
How a handful of companies dominate federal contracting.
Read more →No-Bid Contracts
Sole-source contracts awarded without competition.
Read more →Small Business
How small businesses fare in federal contracting.
Read more →Industries
Top industries by federal contract spending.
Read more →Source: USASpending.gov · U.S. Department of the Treasury