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General Dynamics Doubles Down with Pair of Navy Contracts

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $45, 598, 001 modification to previously awarded contract (N00024-07-C-4005) for non-nuclear maintenance and repair support at the Naval Submarine Support Facility, Naval Submarine Base, New London, Conn.  Under the terms of the contract, Electric Boat will continue to provide services required to support planned and emergent non-nuclear maintenance and repair for operational nuclear submarines, floating dry-docks, support and service craft, and other platforms and equipment.  Work will be performed in New London, Conn., and is expected to be completed by September 2011.  Contract funds in the amount of $6, 000, 000 will expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.

“General Dynamics is being awarded a $26, 999, 951 modification to previously awarded contract (N00024-10-C-4302) for Nuclear Regional Maintenance Department tasks in support of operational nuclear submarines at the Naval Submarine Support Facility, Naval Submarine Base, New London, Conn.  Under the terms of the contract, Electric Boat will continue to provide services required to support planned and emergent nuclear maintenance and repair for operational nuclear submarines.  Work will be performed in New London, Conn., and is expected to be completed by September 2011.  Contract funds in the amount of $5, 000, 000 will expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.”

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