Hello, Guest!
  • Monday, November 18, 2024

General Dynamics NASSCO Gets $324M in Navy Expeditionary Sea Base Construction Funds


The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) NASSCO subsidiary a $324.4 million contract modification for the detail, design and construction of a follow-on Expeditionary Sea Base.

The modification also definitizes the procurement of long lead-time materials needed to build the ESB 5 ship, the Defense Department said Thursday.

NASSCO will perform majority of the work in California and the rest in Pennsylvania, Virginia, Texas and Louisiana through May 2019.

ESBs are designed to feature a flight deck and expansive reconfigurable mission deck; small craft launc-and-recovery platforms; command, control, communication, computer and intelligence systems; and military personnel accommodations.

Navy Secretary Ray Mabus redesignated the Mobile Landing Platform Afloat Forward Staging Base as ESB in September last year.

The vessel will be a key element of the critical access infrastructure that works to help the military branch deploy forces and supplies during missions.

Video of the Day

Related Articles

General Dynamics Q2 Profit Up 3.9%; Phebe Novakovic Cites ‘Strong Demand’ in Aerospace Segment Financial Reports

General Dynamics Q2 Profit Up 3.9%; Phebe Novakovic Cites ‘Strong Demand’ in Aerospace Segment

General Dynamics (NYSE: GD) logged a $766 million profit for the second quarter of its 2022 fiscal year and $9.2 billion in revenue, figures respectively 3.9 percent higher and relatively flat compared to the same period last year. The Reston, Virginia-based defense contractor said Wednesday earnings totaled $2.27 per share, up 5.4 percent from the

Jean Lewis Joins Alpha Omega Integration as Strategic Growth VP; Gautam Ijoor Quoted Executive Moves

Jean Lewis Joins Alpha Omega Integration as Strategic Growth VP; Gautam Ijoor Quoted

Jean Lewis, a more than 30-year government business development leader, has been named vice president of strategic growth at Alpha Omega Integration, a Vienna, Virginia-based provider of information technology and business consulting services to customers in public and commercial sectors. She will bring to Alpha Omega her decades of experience in digital business transformation, risk

BGOV: Fiscal 2020 Federal Contract Spending Hit $682B Contract Awards

BGOV: Fiscal 2020 Federal Contract Spending Hit $682B

A Bloomberg Government report says the federal government’s total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020