NASSCO Gets $60M for 3rd MLP Long-Lead Materials
General Dynamics NASSCO announced it has received a $60m contract from the U.S. Navy to purchase long-lead materials for the construction of a third Mobile Landing Platform (MLP) ship. NASSCO is already under contract to build two MLP ships. With this new contract, NASSCO will place orders for the ship’s engines and other components that have significant manufacturing lead times. A contract that fully funds construction of the third MLP ship is expected to be awarded by early next year. General Dynamics NASSCO is a business unit of General Dynamics (NYSE: GD).