According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a contract modification, not-to-exceed $27, 985, 375 to previously awarded contract (N00024-06-C-2303) for long lead time material and engineering and support services for DDG 1001. Work will be performed in Bath, Maine (77.49 percent); Middletown, N.Y. (7.8 percent); Stamford, Conn. (2.28 percent); Willimantic, Conn. (2.01 percent); South Portland, Maine (1.69 percent); Windsor, Conn. (1.65 percent); York, Pa. (1.64 percent); and various other locations of less than 1.64 percent each (totaling 5.44 percent), and is expected to be completed by June 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.”
General Dynamics Claims Navy Deal
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