Hello, Guest!
  • Thursday, April 18, 2024

General Dynamics Subsidiary Awarded $203M for Design Support on Navy Columbia-Class Submarines


General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase design support for the U.S. Navy‘s Columbia-class nuclear submarines.

The service branch awarded the modification as part of the Navy and the U.K.’s joint Common Missile Compartment program, the Defense Department said Thursday.

The Pentagon issued a Milestone B approval to the potential $125 billion Columbia-class submarine program in January.

The Naval Sea Systems Command will obligate the full amount of the modification from the service branch’s fiscal year 2017 shipbuilding and conversion, research, development, test and evaluation funds as well as U.K. foreign military sales funds.

Work will occur in Connecticut, Maine, Rhode Island and Virginia through October 2017.

Video of the Day

Related Articles

Leonardo DRS Books $1B in Navy Submarine Component Supply Contracts; William Lynn Quoted Contract Awards

Leonardo DRS Books $1B in Navy Submarine Component Supply Contracts; William Lynn Quoted

Leonardo DRS (Nasdaq: DRS) has reported more than $1 billion in contract awards to manufacture electric propulsion hardware for the U.S. Navy’s Columbia-class ballistic missile submarines. The defense technology supplier said Monday production efforts will occur at various facilities in Massachusetts, Wisconsin, Connecticut and Missouri. William Lynn, CEO of Leonardo DRS, said the company supports the submarine

Roundup of 2022: GovCon’s Top 22 Federal Contracting Stories Contract Awards

Roundup of 2022: GovCon’s Top 22 Federal Contracting Stories

The year 2022 in government contracting featured new multibillion-dollar contract awards, major recompetes and some protests over agency procurement decisions. Before we shift into 2023, our editorial team is thrilled to share the most significant federal contracts of the past 12 months from Executive Mosaic’s media portfolio. Continue reading below for our rundown of this

Navy Awards General Dynamics Subsidiary $5.1B for Follow-On Columbia-Class Submarine Procurement Contract Awards

Navy Awards General Dynamics Subsidiary $5.1B for Follow-On Columbia-Class Submarine Procurement

A General Dynamics (NYSE: GD) subsidiary can start to obtain long lead-time materials for the next five Columbia-class ballistic missile submarines after the business secured a $5.13 billion contract modification from the U.S. Navy. General Dynamics Electric Boat will use the funds to procure and build critical components for Build II work under the Columbia Integrated Product and Process Development