General Dynamics To Modify U.S Navy’s Virginia Class Nuclear Powered Submarines
12:00 AM, October 3, 2012
General Dynamics Electric Boat has been awarded a $100.4 million contract from the U.S. Navy to provide lead-yard services for the Virginia-class nuclear-powered attack submarines. Under the contract, Electric Boat will develop, maintain and update design drawings and data, including technology insertions, for each Virginia-class submarine throughout its construction and post-shakedown availability periods. The potential cumulative value of the contract is $881 million through and expected to be completed by 2014.
General Dynamics has won a $346 million modification to an existing contract to provide yard support, development studies and design efforts for Virginia class submarines.
It includes maintenance, updating and supporting the Virginia class design and...
Electric Boat has won a $121 million contract for additional long lead time material associated with the second fiscal 2014 Virginia-class submarine (SSN 793) and the two fiscal 2015 Virginia-class submarines.
This contract modification provides additional...