General Dynamics Wins $2B Contract to Build Navy Zumwalt Destroyers

The U. S. Navy has awarded General Dynamics’ (NYSE: GD) bath iron works subsidiary a $1, 825, 665, 914 contract to construct Zumwalt-class destroyers DDG 1001 and DDG 1002.

The destroyers are the second and third ships of the Zumwalt-class program.

The award will exceed $2 billion if contract options are exercised.

Work is expected to be completed by February 2018. The Naval Sea Systems Command, Washington D.C.

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