Tag Archives: ballistic-missile submarine

General Dynamics Gets Potential $9.5B Contract Modification for Columbia-Class Submarine Design, Construction

General Dynamics’ (NYSE: GD) Electric Boat subsidiary has received from the U.S. Navy a potential $9.5B contract modification with an option to build two Columbia-class ballistic missile submarines. The modification has a base amount of $869M for continued delivery of engineering and design support for the submarines.

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General Dynamics Gets $104M Contract for US, UK Ballistic Missile Submarine Dev’t

General Dynamics (NYSE: GD) has secured a potential $104.2M contract to develop, produce and install systems for the U.S. Navy's Columbia-class and the U.K.'s Dreadnought-class ballistic missile submarines. Work under the sole-source contract will take place in Massachusetts, Rhode Island, Connecticut and the U.K., through November 2024, the Department of Defense said Wednesday.

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DoD Seeks Congressional Approval for $17.7B Columbia-Class Submarine Block Buy

The Department of Defense is asking Congress to authorize a potential $17.7B block-buy contract for two Columbia-class ballistic missile submarines, Defense News reported Wednesday. The U.S. Navy and General Dynamics (NYSE: GD) have been in talks over the terms of a two-ship procurement and the proposed block buy, if approved, would provide the company a steady flow of shipyard work as the industrial base faces the economic impact of the coronavirus pandemic.

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Rear Adm. Scott Pappano: Navy Eyes Contract for Two Columbia-Class Submarines by FY 2021

Rear Adm. Scott Pappano, program executive officer for the Columbia-class ballistic missile submarine program, said the U.S. Navy already issued a solicitation for the first two vessels and that his office expects to reach a contract with industry partners before October 2020, USNI News reported Wednesday.

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McAleese & Associates: General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs

A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in …

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General Dynamics Subsidiary to Build Navy Common Missile Compartment

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has won a $28.9 million contract modification from the U.S. Navy to continue developing a common missile compartment for U.S. and U.K. underwater vessels. Electric Boat will acquire materials to assemble the missile tube for the U.S. Ohio replacement submarine and the U.K.’s …

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General Dynamics Wins $191M Navy Award for Missile Design

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has won a $191.3 million contract modification with the U.S. Navy for continued common missile compartment concept studies, design and engineering. The modification is to an award from December 2008 and brings the total contact value to more than $708 million if all …

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