GD Receives $16 M Navy Award for Common Missile Compartment WorkGroton, Conn. - The U.S Navy has awarded General Dynamics Electric Boat a $15.8 million contract modification for continued engineering, technical services, concept studies and design in support of the Common Missile Compartment under development for the United Kingdom's Successor ballistic-missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy.
Global Air and Missile Defense Radar Industry 2016 Market Research Report
If all options are exercised and funded, the overall contract would have a value of more than $651 million.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : General Dynamics Corporation (NYSE: GD)
Oct 24 - 25, 2016 - Prague, Czech Republic
Jan 1 - Dec 31, 2016 - USB Drive, Windows Computer
Sep 28 - 30, 2016 - Arlington, United States