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General Dynamics NASSCO Wins $465M Contract for Navy Aircraft Carrier Shipyard Services

A General Dynamics (NYSE: GD) subsidiary has won a five-year, $465M contract to implement non-nuclear boundary efforts and other closely scheduled maintenance availabilities for U.S. Navy aircraft carriers.

General Dynamics NASSCO will perform maintenance, repair and modernization services at the Puget Sound Naval Shipyard and the Intermediate Maintenance Facility, the Department of Defense said Thursday.

Naval Sea Systems Command received three offers for the cost-cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract via a competitive procurement.

Work will occur in Bremerton, Wash., and is expected to be complete by March 2024

The Navy is obligating $928,336 in fiscal 2019 operations and maintenance funds at the time of award.

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