The Victory Yard was a temporary expansion of the General Dynamics Electric Boat facility in Groton, Connecticut, to dramatically increase submarine construction during World War II.
On 5 February 1942, the US Navy purchased the former Groton Iron Works property from Alfred Holter and Shell Oil Company for $222,000 using condemnation proceedings.
[1] $9.5 million was spent to construct the Victory Yard, where General Dynamics Electric Boat began building submarines on 22 July 1942.
[2] On 3 November 1943 a Federal Court Committee awarded an additional $203,000 to the former owners.
[3] On 13 January 1945, General Dynamics Electric Boat announced that $3,000,000 will be spent to convert the Victory Yard to manufacture 105mm shells.