Steve King

Economy
8:49 am
Thu December 19, 2013

Electric Boat Commits To Expansion In Rhode Island

General Dynamics Electric Boat in Quonset
Credit RIPR FILE

Submarine maker Electric Boat is expanding its presence in the state.

Electric Boat has signed a 25-year-lease that expands its footprint at the Quonset Business Park by 40 percent.   The company makes Virginia Class nuclear submarines for the Navy. The Navy recently doubled its order from one sub to two. Steve King, director of the Quonset Development Corporation which negotiated the lease, says the company will use the new space to accommodate the heavier workload.

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