The Victory Yard was a temporary expansion of the

General Dynamics Electric Boat General Dynamics Electric Boat (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, Co ...

facility in

Groton, Connecticut Groton is a town in New London County, Connecticut located on the Thames River. It is the home of General Dynamics Electric Boat, which is the major contractor for submarine work for the United States Navy. The Naval Submarine Base New London is ...

, to dramatically increase

submarine A submarine (or sub) is a watercraft capable of independent operation underwater. It differs from a submersible, which has more limited underwater capability. The term is also sometimes used historically or colloquially to refer to remotely op ...

construction during

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...

Early property ownership

On 5 February 1942, the US Navy purchased the former

Groton Iron Works Groton Iron Works was a company formed in 1917 to build cargo ships for the United States Shipping Board during World War I. The company owned two shipyards: one in Noank, Connecticut for wooden ships; and the other in Groton, Connecticut for ...

property from Alfred Holter and

Shell Oil Company Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation " oil major" which is amongst the largest oil companies in the world. Approximately 18,000 ...

for $222,000 using condemnation proceedings. $9.5 million was spent to construct the Victory Yard, where

began building submarines on 22 July 1942. On 3 November 1943 a Federal Court Committee awarded an additional $203,000 to the former owners.

Submarines built at the Victory Yard

Subsequent property uses

On 13 January 1945,

announced that $3,000,000 will be spent to convert the Victory Yard to manufacture 105mm shells. On 18 December 1946, ''Pfizer Inc'' purchased the property from the

War Assets Administration The War Assets Administration (WAA) was created to dispose of United States government-owned surplus material and property from World War II. The WAA was established in the Office for Emergency Management, effective March 25, 1946, by Executive Ord ...

. Purchase price was $911,999.

References

{{Coord, 41, 20, 36.08, N, 72, 4, 50.8, W, display=title Shipyards of the United States