Tag Archives: Columbia-class submarine

General Dynamics Electric Boat Gets $9.5B Navy Contract Modification for Two Columbia-Class Submarines

Columbia-class submarine

General Dynamics’ (NYSE: GD) Electric Boat business has received a potential $9.47B contract modification to build and test the first two Columbia-class ballistic missile submarines and provide related design and engineering services.

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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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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: FY 2020 Defense Spending Bill to Appropriate $21.7B for Navy Shipbuilding

A McAleese & Associates report says the U.S. Navy’s shipbuilding programs would receive $21.7B under the $690B fiscal 2020 defense funding bill passed by the House Appropriations Committee. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, listed in the report some of the fully funded …

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McAleese & Associates: GAO Examines Navy’s Cost Estimate for Columbia-Class Submarine Program

Consulting firm McAleese & Associates has released a report on key takeaways from a Government Accountability Office study on the U.S. Navy’s cost estimate for the Columbia-class submarine acquisition program. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that GAO challenged the technological maturity of several …

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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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