General Dynamics Sails to $8.8 Million Sub Work Deal

General Dynamics’ (NYSE: GD) Electric Boat signed an $8.8 million deal as part of a current contract to support engineering and design services for the Ohio Replacement Program, a next-generation strategic deterrent submarine.

According to the firm, “the award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy.”

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