Hello, Guest!
  • Friday, November 22, 2024
Credit: HII

General Dynamics Subsidiary Receives $50M USS Montana Post-Delivery Support Contract

A General Dynamics (NYSE: GD) subsidiary has booked a one-year, $50.1 million contract modification from the U.S. Navy to carry out post-delivery work on a Virginia-class fast-attack submarine that entered service in June.

General Dynamics Electric Boat will provide support services to USS Montana (SSN 794) under the cost-plus-fixed-fee award, the Department of Defense said Monday.

The Navy initially obligated $10.4 million on the modification from its fiscal 2022 shipbuilding and conversion funds.

HII‘s (NYSE: HII) Newport News Shipbuilding division built the Montana submarine as part of a teaming agreement with GDEB and completed the delivery in March.

Video of the Day

Related Articles

HII Books $305M DIA Task Order for US Forces Korea Intelligence Support Contract Awards

HII Books $305M DIA Task Order for US Forces Korea Intelligence Support

HII‘s (NYSE: HII) mission technologies division will help U.S. Forces Korea analyze actionable intelligence to inform threat detection initiatives under a $305 million recompete task order from the Defense Intelligence Agency. The company said Tuesday it will provide intelligence analysis and operational support services for the Joint Intelligence Operations Center-Korea and help execute the Korean

Navy Makes $1.2B Contract Modification to USS Boise Overhaul by HII Contract Awards

Navy Makes $1.2B Contract Modification to USS Boise Overhaul by HII

The U.S. Navy awarded HII’s (NYSE: HII) Newport News Shipbuilding business a contract modification worth up to $1.17 billion to complete engineering overhaul of the Los Angeles-class attack boat USS Boise, the Department of Defense said Friday. The action comes more than six years after the service branch initially announced the contract, which is expected

GovCon Index Edged Lower but Held Steady for Most of the Week Financial Reports

GovCon Index Edged Lower but Held Steady for Most of the Week

Executive Mosaic’s GovCon Index ticked slightly lower to an average of $154.69 despite positive gains in three of the five trading sessions beginning Jan. 29. Corporate earnings, including those from tech titans, flooded Wall Street. Investors also awaited the outcome of the first Federal Open Market Committee meeting in 2024.Check out last week's market reports for more information on daily GovCon Index performance. To view the complete list of tracked companies, click here.