Tag Archives: Navy

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.

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Raytheon Awarded $403M Navy Contract Modification for Next-Gen Jammer Demo Test Articles

Raytheon (NYSE: RTN) has received a potential three-year, $403.3M contract modification from the U.S. Navy to deliver System Demonstration Test Articles and related equipment for use in the initial operational test and evaluation phase of the service’s Next Generation Jammer Mid-Band Program.

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