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Tag Archives: general dynamics electric boat

General Dynamics Electric Boat Taps BAE to Produce Payload Tubes for Navy Virginia-Class Block V Subs

TYSONS CORNER, VA, June 7, 2018 — BAE Systems has received a contract from General Dynamics‘ (NYSE: GD) Electric Boat business to deliver eight payload tubes designed to support increased firepower on two U.S. Navy Block V Virginia-class submarines, ExecutiveBiz reported Wednesday. BAE said Tuesday it will deliver Virginia Payload Module tubes, which work …

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General Dynamics Eyes $850M Investment for Submarine Builder Expansion in Connecticut

TYSONS CORNER, VA, May 3, 2018 — General Dynamics (NYSE: GD) is anticipated to invest an estimated $850 million to establish a new facility and expand operations in Connecticut in support of its General Dynamics Electric Boat subsidiary, ExecutiveBiz reported Wednesday. The Connecticut Post reported Tuesday the company is set to receive $83 …

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General Dynamics to Help Manage Navy’s Nuclear Regional Maintenance Department Under Potential $210M Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential $210.4 million contract to help the U.S. Navy manage a nuclear regional maintenance department at the Naval Submarine Base New London in Connecticut. General Dynamics Electric Boat will provide staff and operation services to support requirements on nuclear-powered submarines stationed at the military base, the …

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General Dynamics Receives $126M Contract Modification for Navy Submarine Missile Tube Components

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a five-year, $126.2 million contract modification from the U.S. Navy to obtain long-lead-time materials for the missile tube of Columbia-class ballistic missile submarines. This submarine missile tube is part of the joint U.S./U.K Common Missile Compartment program, the Defense Department said Monday. Seventy-two …

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Executive Mosaic’s Weekly GovCon Round-up: Wash100 Update & Recent Contract Activity

Weekly Roundup March 12 – March 16, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & Recent Contract Activity Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Turn out has been fantastic since the Wash100 popular vote polls opened on January 25th. …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Lockheed to Help Build Australia’s Submarine Combat System Under Potential $565M Contract

Lockheed Martin‘s (NYSE: LMT) Australian business has received a potential $565.7 million contract for design, construction and integration services to Australia’s Future Submarine Combat System program. Christopher Pyne, Australian minister for defense industry, said in a statement published Thursday that contract’s performance period will run through 2020 and work includes …

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General Dynamics Unit Previews 2,000+ New Jobs in Connecticut, Rhode Island

TYSONS CORNER, VA, Jan. 24, 2018 — A General Dynamics (NYSE: GD) subsidiary is set to hire 2,200 more workers this year for its submarine engineering, design, operations and fabrication operations in Connecticut and Rhode Island, ExecutiveBiz reported Tuesday. The Day reported Monday that General Dynamics Electric Boat President Jeffrey Geiger said at an event …

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General Dynamics, Huntington Ingalls Business Units Team on Navy Sub Development Work

TYSONS CORNER, VA, Dec. 21, 2017 — General Dynamics (NYSE: GD) has tapped Huntington Ingalls Industries (NYSE: HII) to provide integrated product and process development support for the U.S. Navy‘s Columbia-class submarines under a potential $468 million subcontract, ExecutiveBiz reported Wednesday. HII said Tuesday its Newport News Shipbuilding division received the …

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General Dynamics Unit to Continue Navy Shipyard Support in Connecticut, South Carolina

TYSONS CORNER, VA, Oct. 17, 2017 — A General Dynamics subsidiary (NYSE: GD) will continue to provide shipyard services in support of the U.S. Navy‘s nuclear-powered submarines and moored training ships under a $28.6 million exercised contract option, ExecutiveBiz reported Monday. The Defense Department said Friday General Dynamics Electric Boat will procure or …

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