General Dynamics to increase shipbuilding investment in 2026

General Dynamics increased internal investment by almost 30% in 2025 and plans to further expand capital expenditures throughout 2026 in a bid to improve shipbuilding performance, company executives said today during a year-end earnings call. According to CEO Phebe Novakovic, General Dynamics invested $1.2 billion in capital expenditures in 2025 — a 27% increase over the previous year — with a significant portion of this investment targeting submarine production at Electric Boat and other shipbuilding business at Bath Iron Works…