General Dynamics Wins $360M to Produce Naval Landing Ship

General Dynamics‘ (NYSE: GD) NASSCO subsidiary won a $359, 750, 000 U.S. Navy contract modification to design and construct a mobile landing platform ship.

The Defense Department said NASSCO will provide detail design and construction for a third ship.

NAASCO will perform 58 percent of the work in San Diego and the rest at various sites in the U.S. and outside of the U.S.

The Pentagon expects NAASCO to complete work by January 2015.

The Naval Sea Systems Command in Washington is the contracting activity.

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