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News Breaks | | | | January 4, 2013 | | 10:01 EDT |  | GD | General Dynamics awarded $4.6B in contracts for submarine programs General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6B to design and develop the next-generation strategic deterrent submarine, and to continue construction and purchasing of materials for Virginia-class attack submarines. Under a five-year, $1.85B Ohio Replacement Program contract, Electric Boat will perform research and development work for this new class of ballistic-missile submarine, which is scheduled for a 2021 construction start. Additionally, Electric Boat will continue development of the joint U.S. Navy / Royal Navy Common Missile Compartment for Ohio Replacement submarines and the UK Successor-class ballistic-missile submarine. The potential value of this contract is $1.995B. Electric Boat also received a $2.5B award to build two Virginia-class submarines. | |
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News For GD From The Last 14 Days Check below for free stories on GD the last two weeks. |
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| May 15, 2013 | | 16:55 EDT |  | GD | Berkshire Hathaway gives quarterly update on stakes
Subscribe for More Information | | | May 13, 2013 | | 11:29 EDT |  | GD | Pentagon contracts tumbled in April, Washington Post says
Subscribe for More Information | | | 10:38 EDT |  | GD | Oshkosh vehicle design rejected by Pentagon, Defense News says
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