US Navy Awards General Dynamics $251M Virginia-Class Submarine Deal

The U.S. Navy has awarded General Dynamics Electric Boat two contracts with a total value of $251 million last week.

Electric Boat is a wholly owned subsidiary of General Dynamics.

The first contract is a $215.7 million modification to a previously awarded contract, the cumulative value of which, if all options are exercised, could be more than $1 billion. Electric Boat will provide planning yard, design agent, engineering services and technical support for in-service submarines and submersible systems, the company said in a release October 1.

The second contract is a $35.3 million cost-plus-fixed-fee contract for Reactor Plant Planning Yard services for the submarine fleet and Support Yard services for the Navy’s Moored Training Ships.

Check Also

Fincantieri and the Qatar Emiri Naval Forces: strategic alliance for naval education & training

Fincantieri and the Qatar Emiri Naval Forces (QENF) signed a Memorandum of Understanding in Doha …

Leave a Reply

Your email address will not be published. Required fields are marked *