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General Dynamics Electric Boat [2] ( GDEB) is a subsidiary of General Dynamics Corporation. It has been the primary builder of submarines for the United States Navy for more than 100 years. The company's main facilities are a shipyard in Groton, Connecticut, a hull-fabrication and outfitting facility in Quonset Point, Rhode Island, and a design ...
In 1906, Electric Boat subcontracted submarine construction to the Fore River Shipyard in Quincy, Massachusetts, to build the submarines they had designed and won contracts for. Between 1917 and 1924, the company was named Submarine Boat Corporation. In 1933, Electric Boat acquired ownership of a shipyard in Groton, Connecticut, to build ...
On 5 February 1942, the US Navy purchased the former Groton Iron Works property from Alfred Holter and Shell Oil Company for $222,000 using condemnation proceedings. [1] $9.5 million was spent to construct the Victory Yard, where General Dynamics Electric Boat began building submarines on 22 July 1942. [2] On 3 November 1943 a Federal Court ...
The downside is primarily cost: Flux aims to make its motors available for $4,000-$12,000, depending on whether you want a 15-horsepower equivalent (one person in a dinghy), 40 HP (a few people in ...
Electric Launch Company. An Elco Electric Launch on Raquette Lake in the Adirondacks. The Electric Launch Company, later renamed Elco Motor Yachts (" Elco "), is an American boat building and electric motor company that has operated from 1893 to 1949 and from 1987 to the present. [1] [2]
Arc is not even a year old and the electric boat startup has attracted investment from top VC firm Andreessen Horowitz, entertainment industry big wigs and now a $30 million raise led by an early ...
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