Hello, Guest!
  • Friday, April 26, 2024

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.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

Lockheed Secures $440M Navy Contract Modification for F-35 Site Activation, Sustainment Services Contract Awards

Lockheed Secures $440M Navy Contract Modification for F-35 Site Activation, Sustainment Services

Lockheed Martin (NYSE: LMT) has secured a $439.9 million contract modification from the U.S. Navy to help military services activate sites and carry out initial aircraft sustainment activities for their F-35 aircraft fleet. The modification covers the provision of support equipment, pilot flight equipment, post-ejection survival training material and related services in support of initial

Boeing Awarded $1.3B Navy F/A-18 Super Hornet Production, Sustainment Contract Contract Awards

Boeing Awarded $1.3B Navy F/A-18 Super Hornet Production, Sustainment Contract

Boeing (NYSE: BA) has secured a $1.3 billion contract to build and deliver 17 F/A-18 multi-role strike fighter jets and a technical data package for fleet sustainment to the U.S. Navy. The service branch expects the delivery of the new Super Hornets to commence in winter 2026 and reach completion in spring 2027, Naval Air