US Navy Awards General Dynamics $251M Virginia-Class Submarine Deal

  • Our Bureau
  • 07:41 AM, October 5, 2020
  • 2384
US Navy Awards General Dynamics $251M Virginia-Class Submarine Deal
General Dynamics Electric Boat facility.

The U.S. Navy has awarded General Dynamics Electric Boat two contracts with a total value of $251 million last week.

Electric Boat is a wholly owned subsidiary of General Dynamics.

The first contract is a $215.7 million modification to a previously awarded contract, the cumulative value of which, if all options are exercised, could be more than $1 billion. Electric Boat will provide planning yard, design agent, engineering services and technical support for in-service submarines and submersible systems, the company said in a release October 1.

The second contract is a $35.3 million cost-plus-fixed-fee contract for Reactor Plant Planning Yard services for the submarine fleet and Support Yard services for the Navy’s Moored Training Ships.

Also Read

US Navy Receives first Virginia-class Block IV Nuclear-Powered Attack Submarine

April 18, 2020 @ 07:58 AM

US Navy Commissions Final Block III Virginia-class submarine, USS Delaware

April 6, 2020 @ 07:11 AM

General Dynamics Wins $22.2B for US Navy's Virginia-class Submarines

December 3, 2019 @ 01:25 AM