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March 5, 2014
10:01 EDTGDGeneral Dynamics awarded $36M for submarine work
General Dynamics Electric Boat has been awarded two contract modifications from the U.S. Navy worth a total value of $35.8M. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the first contract, valued at $19.8M, Electric Boat will perform advanced submarine research and development studies in support of a wide range of technology areas including manufacturability, maintainability, survivability, hydrodynamics, acoustics and materials. The company will also conduct research and development work in manning, hull integrity, performance, ship control, logistics, weapons handling and safety. The contract supports near-term Virginia-class technology insertion, future submarine concepts and core technologies. Initially awarded in November 2010, the contract has a potential value of $710.6M over five years. For the second contract, valued at $16M, Electric Boat will continue development of the Common Missile Compartment for the U.S. Ohio replacement submarine. The company will procure missile tube long-lead-time material and design and manufacture hardware. Initially awarded in December 2012, the five-year, $1.85B contract calls for Electric Boat to perform research and development work for the Navy's next-generation ballistic-missile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is $2.3B.
News For GD From The Last 14 Days
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September 15, 2014
07:22 EDTGDAir Force Association to hold a conference
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September 12, 2014
10:01 EDTGDGeneral Dynamics confirms $234M contract awarded by U.S. Navy
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September 11, 2014
17:20 EDTGDGeneral Dynamics awarded $234.23M government contract
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September 8, 2014
14:01 EDTGDGeneral Dynamics to consolidate two information systems, technology businesses
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September 3, 2014
05:54 EDTGDGeneral Dynamics awarded GBP 3.5B contract in UK
General Dynamics UK has been awarded a contract by the UK Ministry of Defence, or MoD, to deliver 589 SCOUT Specialist Vehicle, or SV, platforms to the British Army to provide essential capability to the Armoured Cavalry within Army 2020. The platforms, consisting of six variants, will be delivered to the British Army between 2017 and 2024, alongside the provision of initial in-service support and training, and will serve at the heart of the Armoured Infantry Brigade structure. This contract directly safeguards or creates up to 1,300 jobs across the programme's UK supply chain, with 300 of these at General Dynamics UK's Oakdale site.

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