Business

January 7, 2013

General Dynamics awarded $4.6 billion for submarine programs

General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6 billion to design and develop the next-generation strategic deterrent submarine, and to continue construction and purchasing of materials for Virginia-class attack submarines.

Electric Boat is a wholly owned subsidiary of General Dynamics.

Under a five-year, $1.85 billion Ohio Replacement Program contract, Electric Boat will perform research and development work for this new class of ballistic-missile submarine, which is scheduled for a 2021 construction start. Additionally, Electric Boat will continue development of the joint U.S. Navy/Royal Navy Common Missile Compartment for Ohio Replacement submarines and the UK Successor-class ballistic-missile submarine. The potential value of this contract is $1.995 billion.

Electric Boat also received a $2.5 billion award to build two Virginia-class submarines – South Dakota (SSN-790) and Delaware (SSN-791) – the 17th and 18th ships of the class. Construction of Virginia-class submarines is shared between Electric Boat, the prime contractor, and its teammate, Newport News Shipbuilding.

Under the third award, Electric Boat will receive $308 million to purchase long lead-time materials for the as-yet unnamed Virginia-class submarines SSN-792, SSN-793 and SSN-794.

“These awards provide the stability to the submarine industrial base that will allow us to achieve even greater cost reduction through improved efficiencies in support of the Navy’s submarine force-level requirements,” said Electric Boat President Kevin J. Poitras.

“We appreciate the support of the Connecticut and Rhode Island congressional delegations, which are instrumental in educating their colleagues and others about the vital national-security need for a strong submarine force, helping to pave the way for these contracts,” Poitras said.

 




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


 
 

 

Headlines July 29, 2015

News: Lockheed F-35s reliability found wanting in shipboard testing – The Marine Corps’ version of Lockheed Martin’s F-35 fighter demonstrated poor reliability in a 12-day exercise at sea, according to the U.S. military’s top testing officer.   Business: Rockwell Collins to upgrade Boeing comms system – Rockwell Collins will upgrade the low-frequency transmi...
 
 

News Briefs July 29, 2015

U.S. Navy examines health concerns near Guantanamo court A complaint lodged with the Pentagon has prompted the U.S. Navy to look into the possible presence of anything that may cause cancer in a section of the base at Guantanamo Bay, Cuba, a military spokeswoman said July 28. The Navy Marine Corps Public Health Center and...
 
 
Air Force photograph by SrA. Betty R. Chevalier

New interrogation system installed on AWACS, more in pipeline

Air Force photograph by SrA. Betty R. Chevalier An E-3 Sentry AWACS from Tinker Air Force Base, Okla., prepares to land May 16, 2015. AWACS have the capability to detect enemy as well as friendly aircraft at great distances usi...
 

 

Remains of Pearl Harbor victims raised for identification

The military July 27 exhumed more caskets containing the unidentified remains of USS Oklahoma crew members killed in the 1941 bombing of Pearl Harbor. The Defense POW/MIA Accounting Agency disinterred five coffins from four grave sites at the National Memorial Cemetery of the Pacific in Honolulu, where they have rested for decades. The work is...
 
 
Boeing photograph

Boeing Oklahoma City expansion grows facilities, business presence

Boeing photograph July 29, Boeing broke ground on a new laboratory facility in Oklahoma City. Mayor Mick Cornett, Commissioner Brian Maughan, President of Boeing Global Services and Support Leanne Caret, Oklahoma Governor Mary ...
 
 

NASA awards contract to support agency’s human spaceflight programs

NASA has selected Wyle Laboratories Inc., of El Segundo, Calif., to provide biomedical, medical and health services in support of all human spaceflight programs at the agency’s Johnson Space Center in Houston. The work supports ongoing research aboard the International Space Station and helps enable the journey to Mars. The Human Health and Performance contract...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>