Newsletter Subscription


Tuesday, March 3, 2015


GD Awarded $41 M for Submarine Maintenance and Modernization

General Dynamics Electric Boat has been awarded a U.S. Navy contract worth $41 million to perform non-nuclear submarine modernization and maintenance work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the Naval Submarine Base here, providing a wide range of non-nuclear overhaul, repair and modernization services in support of submarines, floating dry docks, support and service craft and other equipment at the base. About 250 Electric Boat employees will be engaged in the work.


Related Research on ASDReports.com:
Global Submarine Market 2014-2024

The contract includes four annual options. If these options were exercised, the cumulative value of the contract would be $222.3 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)

Published on ASDNews: Dec 18, 2012

 

US Export Controls with REFORM CHANGES Seminar

Jun 1 - 4, 2015 - Washington, United States

Register More info


© 2004-2015 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk