Hello, Guest!
  • Friday, November 22, 2024

General Dynamics Electric Boat Lands $330M Nuclear Submarine Contract Option


submarineGeneral Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $329.6 million contract modification to perform design, planning yard, engineering and technical support work on active nuclear submarines for the U.S. Navy.

The service branch obligated $284, 038 from its fiscal 2016 “other” procurement funds at the time of award of the modification, the Defense Department said Friday.

Seventy-three percent of the work will take place in Groton, Connecticut and the rest will occur at various locations in Washington, Virginia, Rhode Island, Georgia and Hawaii.

The Pentagon expects General Dynamics Electric Boat to complete work in September 2018.

Video of the Day

Related Articles

General Dynamics Land Systems Secures $297M Army M10 Booker System Technical Support Contract Contract Awards

General Dynamics Land Systems Secures $297M Army M10 Booker System Technical Support Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential five-year, $296.8 million contract from the U.S. Army to provide system technical support for the military branch’s M10 Booker combat vehicle. Army Contracting Command will obligate funds and determine work locations upon award of each task order and expects contract work to run through April

General Dynamics Land Systems Awarded $519M Army Contract for Stryker System Technical Support Contract Awards

General Dynamics Land Systems Awarded $519M Army Contract for Stryker System Technical Support

A General Dynamics (NYSE: GD) business has received a potential five-year, $518.8 million contract from the U.S. Army to provide system technical support services for the military branch’s Stryker armored fighting vehicles. Army Contracting Command conducted an online solicitation and received one offer for the cost-plus-fixed-fee contract, the Department of Defense said Friday. The contract

Booz Allen Lands $550M ARPA-E Technical, Professional & Administrative Support Contract Contract Awards

Booz Allen Lands $550M ARPA-E Technical, Professional & Administrative Support Contract

Booz Allen Hamilton (NYSE: BAH) has won a potential $550 million contract to provide technical, professional and administrative support services for the Department of Energy’s Advanced Research Projects Agency-Energy. ARPA-E received five offers for the single-award contract, which was competed through a full-and-open competition, according to an award notice published Tuesday. ARPA-E funds the development