The company was founded in 1899 by Isaac Rice to build the submersible design of John Philip Holland. During WW I the company and its subsidiaries built 85 submarines, 722 submarine chasers, and 118 Liberty ships for the US Navy. After the war the Navy did not order another submarine until 1934. In WW II 74 submarines and almost 400 PT Boats were launched.
After the war the company had a major role in the construction of modern submarines. Built by Electric Boat were the first nuclear submarine USS Nautilus (SSN-571) which was launched in 1954 and the first ballistic-missile submarine, USS George Washington (SSBN-598) in 1959, amongst others. The Ohio-, Los Angeles-, Seawolf- and Virginia-class submarines were also constructed by Electric Boat.
See also: General Dynamics