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General Dynamics Awarded $249M Navy Contract for USS Bonhomme Richard Maintenance Availability

General Dynamics‘ (NYSE: GD) national steel and shipbuilding business has landed a potential two-year, $249.1M contract to provide maintenance, modernization and repair services in support of the U.S. Navy‘s USS Bonhomme Richard.

Services under the firm-fixed-price contract are intended to support the amphibious assault ship’s docking phased maintenance availability for fiscal year 2018, the Defense Department said Thursday.

The contract holds a $218.7M base value and options that would access the award’s maximum monetary amount.

The Navy will initially obligate $218.7M in fiscal 2018 other procurement funds, $161.7M of which will expire as the current fiscal year concludes.

Work will take place in San Diego through May 2020.

The Naval Sea Systems Command solicited for the contract via an open competition through the FedBizOpps webiste and attracted two proposals.

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