Electric Boat Awarded $7M Contract

Tuesday, April 15, 2003
The U.S. Navy has awarded General Dynamics Electric Boat a $7.1 million contract for planning in support of the USS Seawolf (SSN-21) selected restricted availability (SRA). Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the contract, Electric Boat will perform advance planning, design, and documentation in preparation for the SRA, which is scheduled to be performed at the Groton shipyard from February to September 2004. An SRA consists of repairs, alterations, maintenance and routine work onboard the submarine. If all options are exercised and funded, the total value of the work will be $53.9 million. At peak times, up to 200 Electric Boat employees could be engaged in the work.
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