Tag Archives: general dynamics electric boat

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.

Brandi Smith, an 18-year executive at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division, has been appointed program director of the Columbia-class submarine program at the division.

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.

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.

General Dynamics (NYSE: GD) and the U.S. Navy have finalized a multibillion-dollar agreement for the company to build 9 Virginia-class attack submarines, Bloomberg reported Monday.

Kevin Graney, president of General Dynamics’ (NYSE: GD) NASSCO business since 2017, will become president of the Reston, Va.-based aerospace and defense contractor’s Electric Boat subsidiary starting Oct. 1.

A new McAleese & Associates report says Huntington Ingalls Industries (NYSE: HII) saw its sales rise 8 percent to $2.2B, primarily driven by a 7 percent revenue growth at HII’s Newport News Shipbuilding division and a 38 percent sales increase at technical solutions segment.

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, …

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 …

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 …