General Dynamics to Continue Navy Submarine Engineering Work Under $225M Contract Modification

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary will continue to engineer operational strategic and attack submarines for the U.S. Navy under a $225.1 million contract modification.

Naval Sea Systems Command will obligate $3.1 million at the time of award and expects GDEB to complete services in September 2023, the Department of Defense said Monday.

The subsidiary originally received a $1.04 billion cost-plus-fixed-fee contract in July 2019 to provide submarine engineering, design agent, planning yard and technical services to the Navy.

GDEB will also design configuration change programs and safety measures, engineer propulsion and non-propulsion plant electrical systems, conduct miscellaneous special studies and perform on-site support.

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