Hello, Guest!
  • Friday, November 22, 2024

General Dynamics Subsidiary Awarded $115M for Navy Submarine Design, Devt Studies


A General Dynamics (NYSE: GD) subsidiary has received a $115.3 million contract modification to perform additional lead yard services, development studies and design support for the U.S. Navy‘s Virginia-class attack submarines.

General Dynamics Electric Boat will maintain, update and support submarine design and data as well as provide all engineering services required for direct submarine maintenance and support under the modification, the Defense Department said Wednesday.

Work will occur in Groton, Connecticut and Newport and Quonset Point, Rhode Island through October 2017.

The Naval Sea Systems Command will obligate $74.6 million at the time of award from the service branch’s fiscal 2011 through 2017 shipbuilding and conversion; and fiscal 2016 and 2017 research, development, test and evaluation funds.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights