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

Contracts

USA Urged Not to Delay Arctic Drilling

The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, reports AP.

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Viking Bags Charter Deal for AHTS Brage Viking

Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm,

Navy

Obangame Express 2015 Concludes in the Gulf of Guinea

Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise,

Vietnam's Submarines to Counter China?

Vietnam's new submarines could alter the balance in the South China Sea quite dramatically, say maritime security analysts.   Vietnam and China have long contested

India May Add Japanese Soryu-Class Submarines to its Fleet

India is reportedly considering a project to incorporate six Japanese Soryu-class diesel-electric submarines into its fleet, says The Japan Times.   The Defense

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1212 sec (8 req/sec)