Tag Archives: general dynamics electric boat

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.

Read More »

General Dynamics Awarded Potential $24.1B Contract Modification for Block V Virginia-Class Submarines

General Dynamics’ (NYSE: GD) Electric Boat subsidiary has received a potential $24.1B contract modification to build nine Block V Virginia-class submarines. Electric Boat will work with Huntington Ingalls Industries' (NYSE: HII) Newport News Shipbuilding division to build the submarines under the multiyear contract, which includes an option for one additional vessel with the Virginia Payload Module.

Read More »

Phebe Novakovic: General Dynamics Eyes Columbia-Class Submarine Construction Kickoff in 2020

Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2019 Wash100 award winner, said the Reston, Va.-based defense contractor expects to start building the U.S. Navy’s Columbia-class ballistic missile submarine by the end of 2020, the Washington Business Journal reported Wednesday.

Read More »

General Dynamics Gets $269M Contract Modification to Produce Submarine Missile Tubes for US, UK

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a nine-year, $269.2M contract modification to provide 42 missile tubes and outfitting material for the U.S. Navy’s Columbia-class ballistic missile submarines and the British navy’s Dreadnought-class underwater vessels. Naval Sea Systems Command issued the modification under the U.S.-UK Common Missile Compartment program, …

Read More »

Robert Smith to Lead General Dynamics Marine Systems Segment; Phebe Novakovic Quoted

Robert Smith, president of General Dynamics’ (NYSE: GD) Jet Aviation subsidiary, has been named executive vice president of the company’s marine systems segment in a move that will take effect on July 1. He will succeed the retiring John Casey, a shipbuilding industry veteran and former president of General Dynamics …

Read More »

General Dynamics Gets $191M in Navy Contract Actions for Submarine Post-Delivery Services

General Dynamics (NYSE: GD) Electric Boat business received three contract actions worth approximately $191.2M combined to provide post-delivery support services for the U.S. Navy’s USS South Dakota (SSN 790) Virginia-class nuclear submarine. The Department of Defense said Monday the company will provide planning, execution and alteration support for the submarine through a …

Read More »