Business

February 10, 2016
 

General Dynamics receives $24 million for Ohio replacement sub 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. 

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

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. 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines – September 19, 2018

News North Korea’s Kim agree to inspections in bid to salvage nuclear talks – North Korea said on Sept. 19 it would permanently abolish its key missile facilities in the presence of foreign experts, the latest gesture by leader Kim Jong Un to revive faltering talks with Washington over his country’s nuclear program.    ...
 
 

News Briefs – September 19, 2018

Air Force: Space Force would cost $13 billion over 5 years Creating a Space Force as a separate military service, as proposed by President Donald Trump, would cost an estimated $12.9 billion in its first five years, according to a detailed Air Force plan for how to go about it. This is the first publicly...
 
 
Northrop Grumman photograph

Northrop Grumman showcases autonomous maritime capabilities

Northrop Grumman photograph Northrop Grumman’s Fire Scout autonomous surrogate launches a sonobuoy as part the 2018 Advanced Naval Training Exercise in Newport, Rhode Island. Northrop Grumman in collaboration with industry pa...