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GD Electric Boat Wins $1.8B for Design Work on Ballistic Missile Submarines

gdeb_logoGeneral Dynamics Electric Boat has won an $1.85 billion contract for products and design work for the new class of ballistic missile submarines.

This cost-plus-fixed-fee with special incentives contract includes design work for the Ohio Replacement program, including:
·         design and development of the joint U.S. Navy/ U.K. common missile compartment
·         shipbuilder and vendor component and technology development
·         engineering integration
·         concept design studies
·         cost reduction initiatives using a design for affordability process
·         full scale prototype manufacturing and assembly

This contract includes foreign military sales to the U.K. for the continued design and development of U.K. unique common missile compartment efforts.

(Click Here, to read about the recent Electric Boat acquisition of Applied Physical Sciences.)

The contract includes options which, if exercised, would bring the cumulative value of this contract to $1, 995, 831, 561.

Work will be performed primarily in Groton, Conn., and the rest in Newport News, Va., Quonset, R.I., and Bath, Maine.

The expected completion date of the work is September 2017.

Contract funds in the amount of $183, 105, 349 will be available at the time of award, of which $7, 966, 000 will expire at the end of current fiscal year.

The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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