General Dynamics Wins $174M for Submarine Lead-Yard Services

General Dynamics‘ (NYSE: GD) subsidiary Electric Boat has won a $174, 486, 588 U.S. Navy contract option.

The company will provide Virginia-class submarine lead-yard services, development studies and design.

Electric boat will provide all engineering services necessary to upgrade and support Virginia-class ship specifications.

Work is expected to be completed by September 2012. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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