PR Newswire: news distribution, targeting and monitoring
2014

U.S. Navy Awards General Dynamics $459 Million for Nuclear-Submarine Support Work

Share with Twitter Share with LinkedIn

GROTON, Conn., Oct. 16, 2012 /PRNewswire/ -- The U.S. Navy has awarded a $459 million contract modification to General Dynamics Electric Boat to provide planning yard work and engineering and technical support for nuclear submarines.  Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of this award, Electric Boat will provide design, engineering and logistics support and research and development activities for active U.S. submarines and submersibles.  Electric Boat will also provide information services and support submarine maintenance and modernization activities, training and affordability/cost reduction efforts.

Initially awarded in October 2010, the contract has a potential value of approximately $1.2 billion over three years if all options are exercised.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 employees.  Possessing proven technical capabilities, these employees work on all facets of the submarine lifecycle 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



RELATED LINKS
http://www.gdeb.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release