General Dynamics Electric Boat has won a $102.8 million contract from the US Navy to provide research and development and lead-yard services for Virginia-class nuclear-powered attack submarines.
Electric Boat is a wholly owned subsidiary of General Dynamics.
Under the contract, Electric Boat will undertake development studies and other work related to Virginia-class submarine design improvements. Additionally, Electric Boat will perform research and development work required to evaluate new technology to be inserted in newly built Virginia-class ships, the company announced Wednesday.
This modification brings the cumulative value of the contract, initially awarded in 2010, to $1.1 billion.