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General Dynamics NASSCO Books $200M Navy Award for USS Iwo Jima Maintenance

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has secured a $199.7 million contract modification from the U.S. Navy to work on the USS Iwo Jima for the ship’s docking selected restricted availability in fiscal year 2022.

The modification exercises contract options for the amphibious assault ship’s SRA, which includes maintenance, repair work and drydocking, the Department of Defense said Thursday.

Work under the award will take place in Norfolk, Virginia, through June 2023.

The Navy will use fiscal 2022 other procurement funds to finance 88 percent of the new award and operations and maintenance funds for the remaining fraction.

The Norfolk-based Mid-Atlantic Regional Maintenance Center serves as the award’s contracting activity.

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