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  • Friday, April 26, 2024

General Dynamics Subsidiary Awarded $115M for Navy Submarine Design, Devt Studies


A General Dynamics (NYSE: GD) subsidiary has received a $115.3 million contract modification to perform additional lead yard services, development studies and design support for the U.S. Navy‘s Virginia-class attack submarines.

General Dynamics Electric Boat will maintain, update and support submarine design and data as well as provide all engineering services required for direct submarine maintenance and support under the modification, the Defense Department said Wednesday.

Work will occur in Groton, Connecticut and Newport and Quonset Point, Rhode Island through October 2017.

The Naval Sea Systems Command will obligate $74.6 million at the time of award from the service branch’s fiscal 2011 through 2017 shipbuilding and conversion; and fiscal 2016 and 2017 research, development, test and evaluation funds.

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