GD Wins $17m to Support Nuclear Aircraft Carrier Repair Work

The U.S. Navy has awarded General Dynamics Electric Boat a $16.6 million contract to support nuclear aircraft carrier repair work at Norfolk Naval Shipyard in Portsmouth, Va.  Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).U nder the terms of the contract, Electric Boat will provide about 100 skilled trades workers to perform maintenance and repair work on USS Truman (CVN-75) and USS George W. Bush (CVN-77). This contract will engage Electric Boat’s operations and support organization in Groton, which comprises more than 4,100 employees with proven skills and capabilities in final assembly, test and life-cycle support.