Tag Archives: Columbia-class 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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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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Lockheed Secures $167M Contract to Develop US, UK Ballistic Missile Navigation Subsystem

Lockheed Martin (NYSE: LMT) has received a potential $167.1M contract from the U.S. Navy to provide a submarine-launched ballistic missile system’s navigation technology. The company’s rotary and mission systems business will deliver the Trident II D5 Strategic Weapon System component for submarines of the Navy’s Columbia class and the U.K.’s Dreadnought class, the Department of Defense said Wednesday. …

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