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  • Thursday, April 25, 2024

General Dynamics NASSCO to Modernize Navy Amphibious Assault Ship Under Potential $131M Contract

General Dynamics' (NYSE: GD) NASSCO subsidiary has been awarded a potential $130.9M contract to help the U.S. Navy modernize, repair and maintain the Wasp-class USS Bataan amphibious assault ship.

NASSCO will carry out the vessel's  selected restricted availability for fiscal year 2020 under the firm-fixed-price contract, the Department of Defense said Wednesday.

Naval Sea Systems Command received one offer for the project via a full and open competition within the East Coast and Gulf Coast areas. The branch will obligate $106.9M at the time of award from its FY 2020 operations and maintenance and other procurement funds.

Work will take place in Norfolk, Va., through December 2021.

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