Marine Link
Thursday, September 29, 2016

GD Gets $39.5M Mod Contract from Navy

September 9, 2003

The U.S. Navy has granted General Dynamics (GD) Electric Boat a $39.5-million contract modification for submarine research and development.

The award modifies a contract that was announced originally in March 2000, which if all options are exercised and funded, has a total potential worth of $138 million over six years. According to the terms of the modification, Electric Boat will perform the research and development work on Seawolf and Virginia-class submarines. The work is scheduled for a September 2005 completion.



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