Hello, Guest!
  • Friday, November 22, 2024

General Dynamics Awarded $236M Navy Submarine Support Contract Modification

A General Dynamics (NYSE: GD) subsidiary has been awarded a one-year, $236.2 million contract modification to continue helping the U.S. Navy design and engineer operational strategic and attack submarines.

The modification will extend Electric Boat’s engineering, technical, design agent and planning yard support to the service branch, the Department of Defense said Wednesday.

Seventy percent of contract work will occur in Groton, Connecticut, and the remaining 30 percent will take place in Georgia, Washington, Hawaii and Rhode Island.

Naval Sea Systems Command will obligate $5.5 million in fiscal 2022 other procurement funds at the time of award.

Electric Boat was awarded a potential $1.04 billion contract in July 2019 to provide the Navy with submarine-related drawings, technical data, design change documentation and other services.

Video of the Day

Related Articles

General Dynamics Electric Boat Secures $145M Navy Contract Modification for Submarine Engineering Support Contract Awards

General Dynamics Electric Boat Secures $145M Navy Contract Modification for Submarine Engineering Support

A General Dynamics (NYSE: GD) subsidiary will continue to help the U.S. Navy design and provide engineering support for operational strategic and attack submarines under a potential $145 million contract modification. The award also extends technical, design agent and planning yard support services for the service branch, the Department of Defense said Thursday. General Dynamics

General Dynamics Unit Secures $1B in Advance Navy Submarine Procurement Funds Contract Awards

General Dynamics Unit Secures $1B in Advance Navy Submarine Procurement Funds

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has booked a $1.1 billion contract modification from the U.S. Navy to build two Block V Virginia-class submarines. The builder will use the funds to procure long-lead-time material and major components needed for the SSN 812 and SSN 813 construction projects, General Dynamics said Tuesday. Work will occur

Navy Awards General Dynamics Subsidiary $5.1B for Follow-On Columbia-Class Submarine Procurement Contract Awards

Navy Awards General Dynamics Subsidiary $5.1B for Follow-On Columbia-Class Submarine Procurement

A General Dynamics (NYSE: GD) subsidiary can start to obtain long lead-time materials for the next five Columbia-class ballistic missile submarines after the business secured a $5.13 billion contract modification from the U.S. Navy. General Dynamics Electric Boat will use the funds to procure and build critical components for Build II work under the Columbia Integrated Product and Process Development