GD Receives $21 M for Submarine Planning ServicesGroton, Conn. - The U.S. Navy awarded General Dynamics Electric Boat a $21.1 million contract to perform reactor-plant planning yard services for nuclear submarines and support yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The contract has a potential value of $121.2 million through 2016 if all options are exercised and funded.
The Military Electro Optical Infrared (EO/IR) Systems Market 2012-2022
This work will engage Electric Boat's engineering and design organization, which comprises more than 3,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.
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 19 - 22, 2015 - Houston, United States
Oct 27 - 29, 2015 - Rio de Janeiro, Brazil