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Friday, October 21, 2016

Bath Iron Works Awarded $34M for Aegis Destroyer Program

October 6, 2010

The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (GD) (NYSE: GD), a $33.7m contract to provide ongoing lead yard services for the DDG 51 Arleigh Burke-class AEGIS destroyer program.  This option modifies a contract initially awarded in November 2005.

Bath Iron Works (BIW) has provided program management, engineering and design support for DDG 51 Arleigh Burke-class ships under the lead yard services program since 1987, supplying technical assistance in the interpretation and application of the detailed design developed by BIW, the lead shipyard for the class.  This award includes work associated with the DDG 51 program continuation and upgrades associated with AEGIS combat systems.

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