Newsletter Subscription


Friday, August 18, 2017


US Navy Awards GD $6.5 M for Virginia Payload Module Development

The U.S. Navy has awarded General Dynamics Electric Boat a $6.5 million contract modification to support development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines. The section will extended the hull by 70 to 80 feet and boost strike capacity by 230 percent while increasing the cost by less than 15 percent.


This modification is part of an overall engineering contract supporting the Virginia Class Submarine Program. The contract was initially awarded in 2010 and has a potential value of $965 million.

Source : General Dynamics Corporation (NYSE: GD) - view original press release

Published on ASDNews: Jun 4, 2015

 

Surface Warships USA Conference

Oct 31 - Nov 2, 2017 - Washington, United States

Register More info


ITAR/EAR Boot Camp-2 days Seminar

Feb 15 - 16, 2018 - Orlando, United States

Register More info


© 2004-2017 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk