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===Electric Boat=== {{main|General Dynamics Electric Boat}} General Dynamics traces its ancestry to [[John Philip Holland]]'s [[Holland Torpedo Boat Company]].<ref>{{cite book |author=David Claerbaut |title=Duffy Daugherty: A Man Ahead of His Time |year=2018 |pages=67–73 |publisher=Michigan State University Press |doi=10.14321/j.ctv47wfsz.13 |jstor=10.14321/j.ctv47wfsz.13 |url=https://www.jstor.org/stable/10.14321/j.ctv47wfsz |archive-url=https://web.archive.org/web/20190510041214/https://www.jstor.org/stable/10.14321/j.ctv47wfsz |archive-date=2019-05-10 }}</ref> In 1899, [[Isaac Rice (businessman)|Isaac Rice]] bought the company from Holland and renamed it Electric Boat Company.<ref name="history1">{{cite web|url=http://www.fundinguniverse.com/company-histories/general-dynamics-corporation-history/|title=History of General Dynamics Corporation|publisher=Funding Universe |access-date=April 22, 2020}}</ref> Electric Boat was responsible for developing the [[U.S. Navy]]'s first modern [[submarine]]s, which were purchased by the Navy in 1900.<ref name="britannicahistory">{{cite encyclopedia|url=https://www.britannica.com/topic/General-Dynamics-Corp|title=General Dynamics Corp|encyclopedia=[[Encyclopædia Britannica]] |access-date=April 22, 2020}}</ref> 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.<ref name="history1" /> In 1933, Electric Boat acquired ownership of a shipyard in [[Groton, Connecticut]], to build submarines.{{citation needed|date=June 2021}} The first submarine built in Groton to be delivered to the U.S. Navy was [[USS Cuttlefish (SS-171)|USS ''Cuttlefish'']] in 1934.<ref>{{Cite news |last=Streeter |first=Jim |date=May 11, 2018 |title=History Revisited: Electric Boat Company's astounding manufacturing diversity |url=https://www.theday.com/local-news/20180511/history-revisited-electric-boat-companys-astounding-manufacturing-diversity/ |work=[[The Day (New London)|The Day]] |archive-url=https://web.archive.org/web/20240208165608/https://www.theday.com/local-news/20180511/history-revisited-electric-boat-companys-astounding-manufacturing-diversity/ |archive-date=February 8, 2024 |url-status=live |access-date=February 8, 2024}}</ref> Electric Boat was cash-flush but lacking in work following [[World War II]], during which it produced 80 submarines for the Navy, with its workforce shrinking from 13,000 to 4,000 by 1946.<ref name="history1" /> President and chief executive officer [[John Jay Hopkins]] started looking for companies that would fit into Electric Boat's market in hopes of diversifying.<ref name="history1" />
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