General Dynamics Receives $21 Million Contract for Submarine Planning Services
GROTON, Conn., Nov. 9, 2011 /PRNewswire/ -- The U.S. Navy awarded General Dynamics Electric Boat a $21.1 million contract to perform reactor-plant planning yard services for nuclear submarines and support yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The contract has a potential value of $121.2 million through 2016 if all options are exercised and funded.
This work will engage Electric Boat's engineering and design organization, which comprises more than 3,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.
More information about General Dynamics is available on the Internet at www.generaldynamics.com.
SOURCE General Dynamics Electric Boat
More by this Source
General Dynamics Awarded $36 Million for Submarine Development Work
Mar 05, 2014, 10:00 ET
General Dynamics Awarded $520 Million for Virginia-Class Submarine Procurement
Feb 05, 2014, 10:00 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.