Newsletter Subscription

Friday, Oct 28, 2016

GD Receives $24 M US Navy Award for Ohio Replacement Submarine Development

The U.S Navy has awarded General Dynamics Electric Boat a $23.6 million contract modification to continue development of the U.S. Navy’s Ohio Replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the modification, Electric Boat will perform air conditioning unit detail design, prototype unit manufacture and technical manual development.

Related Research on
Global Sonar Systems Industry Report 2015

Initially awarded in December 2012, the five-year $1.85 billion contract calls for Electric Boat to perform research and development work for the Navy’s next-generation ballistic-missile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is $2.5 billion.

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

Published on ASDNews: Feb 9, 2016


US Export Controls with REFORM CHANGES Seminar

Feb 20 - 23, 2017 - Orlando, United States

Register More info

© 2004-2016 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs