This news is classified in: Defense Contracts Navy Undersea Warfare
Apr 5, 2018
The U.S Navy has awarded General Dynamics Electric Boat a $126.1 million contract modification to continue development of the Common Missile Compartment for the U.S. Navy’s Columbia-class submarine and the Royal Navy’s Successor-class ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The contract modification includes funding for procurement of long-lead time material for missile tubes which will be integrated into both the Navy’s new SSBN and the Royal Navy’s Dreadnought-class strategic missile submarine.
Initially awarded in September 2017, the fourteen-year, $5.1 billion contract calls for Electric Boat to perform design and development work for the Navy’s next-generation ballistic-missile submarine, which is scheduled to begin construction in fall of 2020. The potential value of the overall contract is $6.1 billion
By Type (Weapon Systems, Communication and Surveillance Systems, Sensors and Computation Systems, Countermeasure Systems and Payload, Unmanned Underwater Vehicles), By Mode of Operation (Manned Operations, Autonomous Operations, Remotely Operations), By Application (Combat, C4ISR, Others), By Region, Competition, 2019-2029F
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