Navy Awards GD $48.2M

Thursday, September 26, 2002
The U.S. Navy has awarded General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics, a $48.2 million modification to an existing contract for research and development work on the Virginia-Class submarine program. The contract was initially awarded in September 2000, and could be worth $480 million over five years if all options are exercised and funded. Under the terms of this modification, Electric Boat will perform development studies for Virginia-Class design improvements, and will continue to evaluate new technologies for insertion into succeeding Virginia-Class submarines. The Virginia Class will provide the U.S. Navy with the capabilities it requires to maintain its undersea superiority well in the 21st century. Electric Boat and its construction teammate, Northrop Grumman Newport News, are currently building the first four ships of the class under a $4.2 billion contract. Electric Boat will deliver the lead ship, Virginia (SSN-774), in 2004. A total of 30 submarines are planned for the class.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Boskalis Consortium Wins Suez Canal Expansion Contract

A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez

GTT Receives Order from HHI for Two LNGCs

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG) confirmed

Maersk Supply Service Orders Six Anchor Handlers

Kleven Maritime A/S has been contracted by Maersk Supply Service to build six anchor handling tug supply vessels, with options for four additional newbuilds. The vessels,

Legal

ITIC Measures against Ebola

The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently

ClassNK's Guidelines for Exhaust Gas Cleaning Systems

Leading classification society ClassNK announced that it has released Guidelines for Exhaust Gas Cleaning Systems. These guidelines cover class safety requirements

China, Vietnam Pledge Maritime Cooperation

China and Vietnam have agreed to "address and control" maritime disputes, state media said on Friday, as differences over the potentially energy-rich South China

 
 
Maritime Contracts Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1186 sec (8 req/sec)