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Tag Archives: general dynamics electric boat

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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General Dynamics Subsidiary Gets $341M Navy Nuclear Submarine Support Contract Option

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $341.1 million contract modification from the U.S. Navy to provide engineering, planning yard, design agent and technical support for the service branch’s nuclear submarines. The cost-plus-fixed-fee modification awarded to General Dynamics Electric Boat seeks to exercise the option on a contract awarded by …

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Executive Mosaic’s Weekly GovCon Round-up: This Week’s Most Significant Contract Awards

Weekly Roundup September 18 – September 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week there has been significant activity surrounding contract awards across a variety of fields such as aquatic vehicle design and maintenance, technical assistance, IT development and support, …

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General Dynamics Electric Boat Lands $126M Navy Submarine Material Supply Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $126.5 million contract to provide long-lead time materials for the U.S. Navy’s Virginia-class submarines. General Dynamics Electric Boat will use the funds to obtain propulsion units, steam and electric plant components, turbine generators, electrical systems, mechanical and miscellaneous hull components in support of the construction …

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BWX Technologies to Build Virginia Payload Module Launch Tubes for General Dynamics

TYSONS CORNER, VA, Dec. 28, 2016 — BWX Technologies‘ nuclear operations group has received a $35 million contract from General Dynamics‘ (NYSE: GD) Electric Boat subsidiary to develop and construct Virginia Payload Module launch tubes for the Virginia-class submarine program, ExecutiveBiz reported Tuesday. The VPM tubes are comprised of four large-diameter payload tubes and will …

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General Dynamics to Provide Ship, Submarine Yard Services to Navy

TYSONS CORNER, VA, Nov. 29, 2016 — General Dynamics‘ (NYSE: GD) Electric Boat subsidiary will provide planning yard services and support for the U.S. Navy‘s nuclear-powered submarines and moored training ships under a $24.7 million contract, ExecutiveBiz reported Monday. The Defense Department said Wednesday the company will furnish, produce and acquire …

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