General Dynamics to Help Manage Navy’s Nuclear Regional Maintenance Department Under Potential $210M Contract

General Dynamics (NYSE: GD) subsidiary has received a potential $210.4 million contract to help the U.S. Navy manage a nuclear regional maintenance department at the Naval Submarine Base New London in Connecticut.

General Dynamics Electric Boat will provide staff and operation services to support requirements on nuclear-powered submarines stationed at the military base, the Defense Department said Friday.

The contract has a $38.4 million base value and will reach its full value if all options are exercised.

The Naval Sea Systems Command will obligate $28.2 million in fiscal 2018 operations and maintenance funds at the time of award.

Check Also


SAIC Awarded TSA Test & Evaluation Support BPA

Science Applications International Corp. (NYSE: SAIC) has been awarded a potential $40M blanket purchase agreement for operational test and evaluation services to the Transportation Security Administration, according to an award notice posted Thursday.

US Air Force

Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program

The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.