Hello, Guest!
  • Friday, November 22, 2024

General Dynamics Subsidiary Gets $107.5M Modification for Virginia-Class Submarine Payload Installation


A General Dynamics (NYSE: GD) subsidiary has received a $107.5M contract modification to install payload modules on Virginia-class submarines and produce insertion prototype materials for the USS South Dakota or SSN 790.

General Dynamics Electric Boat will perform work under the sole-source modification through November 11, 2019, the U.S. Navy said Friday in a FedBizOpps notice.

This award follows a previous $116M modification that Electric Boat received in 2016 for the same contract.

Huntington Ingalls Industries (NYSE: HII) is constructing the USS South Dakota in partnership with Electric Boat.

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