General Dynamics $73M Contract to Support Naval Sub Base

Thursday, October 14, 2010

General Dynamics Electric Boat has been awarded two contract modifications by the U.S. Navy to provide a range of services in support of nuclear submarines and related facilities and equipment at the Naval Submarine Base in Groton. The modifications are worth a combined $72.6m. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of a $45.6m modification, Electric Boat will continue to perform non-nuclear submarine modernization and repair services at the Naval Submarine Support Facility in support of submarines, the Shippingport floating dry-dock as well as support and service craft. About 270 Electric Boat employees are engaged in the work.  Initially awarded in October 2006, the five-year contract being modified has a potential value of $201.8m if all options are exercised and funded.

The second contract modification, worth $27m, calls for Electric Boat to continue operating the Nuclear Regional Maintenance Department (NRMD) at the submarine base, providing services in support of planned and emergent nuclear maintenance and repairs for operational submarines. A core group of 25 Electric Boat employees are assigned to the NRMD, with surge groups of up to 100 workers for short periods.  This contract was awarded in October 2009 and has a potential value of $78m over three years.
 

Maritime Today


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

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

Contracts

Sea IT, Veritas Tankers Ink Long-term Software Deal

Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry,

Interior Facelift for Queen Mary 2

Cunard’s luxurious flagship, the iconic 2,620 passenger ocean liner Queen Mary 2, will undergo an interior refit at the hands of McCue Marine during a 25-day multimillion-pound

Chemical Shipping Freight Rates to Remain Under Pressure

On the back of low bunker prices and more new buildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes

Navy

DARPA All Set To Launch Submarine Hunting Drone

The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months.

All-Women Crew Indian Navy Ship Enters Chennai Port

The Indian Navy said on Saturday that its sailing vessel Mhadei, having an all-women crew of naval officers, has entered the Chennai Port.    The vessel which had left Visakhapatnam on February 9,

NATO Ships Arrive in Batumi

This morning, four NATO ships assigned to Standing NATO Mine Counter-Measures Group TWO (SNMCMG2) arrived in Batumi, Georgia for a scheduled visit in an effort

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.0788 sec (13 req/sec)