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 Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Termination of Seadrill Unit's and Rosneft Deal Extended

North Atlantic Drilling (NADL), a subsidiary of Seadrill, will delay the closing of a deal with Russia's Rosneft by two years and has agreed to renegotiate the terms of the agreement,

Qatar to Contract 6,000 Rooms on Cruise Ships for 2022 World Cup

Reviving an idea to lodge some football fans and guests during the 2022 World Cup in “floating hotels,” the Qatar Tourism Authority (QTA) has announced plans to contract at least 6,

USN Names Littoral Combat Ship

Secretary of the Navy Ray Mabus announced today that the next Freedom-variant littoral combat ship (LCS) will be named USS St. Louis. The future USS St. Louis,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Simulators Sonar Winch
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: 0.2352 sec (4 req/sec)