General Dynamics Submarine Support Work

Thursday, October 15, 2009

The U.S. Navy has awarded General Dynamics Electric Boat $61.8m to extend two existing contracts for submarine modernization and maintenance and reactor-plant planning yard work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under a $43.7m modification, Electric Boat will continue to perform non-nuclear submarine modernization and repair services at the Naval Submarine Support Facility in Groton in support of submarines, the Shippingport floating dry-dock as well as support and service craft. This is a modification to a five-year contract initially awarded in October 2006 that has a total potential value of $201.8m if all options are exercised and funded. About 270 Electric Boat employees are engaged in the work.

Additionally, Electric Boat will provide reactor-plant planning yard services for nuclear submarines and support yard services for moored training ships under a separate $18.1m contract modification.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Norway will be Lithuania's 2016 Top Gas Supplier

Lithuania will import more gas from Norway than from former sole supplier Russia in 2016 after developing infrastructure to support liquefied natural gas (LNG) imports,

DP World 2015 Box Volumes Rise 2.4 pct

Dubai's DP World, one of the world's biggest port operators, on Monday said its 2015 annual gross container volumes rose 2.4 percent on a like-for-like basis and

U.S.-Georgian Consortium Wins Black Sea Port Contract

A U.S.-Georgian consortium has been awarded a $2.5 billion contract to build and develop a deep-sea port in Anaklia on Georgia's Black Sea coast, as the tiny ex-Soviet

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.0530 sec (19 req/sec)