Marine Link
Saturday, December 3, 2016

GD Awarded $51M Contract Modification

January 16, 2003

The U.S. Navy has awarded General Dynamics (GD) Electric Boat a $51 million contract modification for nuclear-submarine work. Electric Boat is a wholly owned subsidiary of General Dynamic The contract was initially awarded in May 1999 and could be worth more than $742 million over five years if all options are exercised and funded. Under the terms of the modification, Electric Boat will provide design, engineering, material and logistics support for the Trident program, the Trident U.K. program, the two operational Seawolf-class submarines, NR-1, and efforts supporting Los Angeles-class ships. Electric Boat will also provide planning, scheduling and technical support for submarine maintenance activities. Sixty percent of the work will be performed at Groton; 18 percent at Bangor, Wash.; 11 percent at Kings Bay, Ga.; 6 percent at Newport, R.I., and 5 percent at Quonset Point, R.I. Work performed under the modification is expected to be completed by September 2003.


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News