Business

February 5, 2014

General Dynamics awarded $520 million for Virginia-Class submarine procurement

The U.S. Navy has awarded General Dynamics Electric Boat a $520 million contract modification to buy long lead-time material for four Virginia-class submarines, SSN-794, SSN-795, SSN-796 and SSN-797.
Electric Boat is a wholly owned subsidiary of General Dynamics.

The contract provides funding for steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines.

With this modification, the contract has a value of $1.2 billion. It was awarded initially in April 2012.

The contract continues to support the submarine industrial base in California, Pennsylvania, New Jersey, Connecticut, Virginia, Arizona, New York, New Hampshire, Wisconsin, Illinois, Massachusetts, and other states throughout the United States.




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Boeing delivers first U.S. Army multiyear II configured Chinook

Boeing July 29 delivered the first multiyear II configured CH-47F Chinook helicopter to the U.S. Army one month ahead of schedule. The delivery was celebrated in a ceremony at the production facility in Ridley Township, Penn. â...
 
 
Army photograph by SSgt. Angela Stafford

Engineers developing safer, more accurate tracer round

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General Dynamics to continue work on U.S. Air Force GPS III program

General Dynamics Advanced Information Systems, a business unit of General Dynamics, has been awarded a $25.4 million full-production contract from Lockheed Martin to support the U.S. Air Force Global Positioning System (GPS) III Network Communications Element for space vehicles seven and eight. The Air Force’s next-generation GPS III satellites will improve position, navigation and timing...
 

 

Javelin joint venture demonstrates vehicle-mounted missile launch

The Raytheon and Lockheed Martin Javelin Joint Venture recently fired a Javelin missile from a remote weapon station integrated onto a wheeled vehicle at Redstone Arsenal in Huntsville, Ala. The test demonstrated Javelin’s vehicle-launch capability to an international customer that has expressed interest in purchasing vehicles integrated with Javelin. The Javelin missile launched successfully...
 
 

Royal Australian Air Force scores direct hit with JSOW C

The Royal Australian Air Force has successfully tested a Raytheon Joint Standoff Weapon C against a hardened wall target at the RAAF Woomera Test Range. Launched from an F/A-18F Super Hornet at an operationally representative stand-off range and altitude of 25,000 feet, the JSOW C scored a direct hit. The RAAF test marked the third...
 
 

Boeing to assemble 787-10 Dreamliner in South Carolina

Boeing announced July 30 that final assembly of the 787-10, the newest and longest member of the 787 Dreamliner family of airplanes, will take place exclusively in North Charleston, S.C. Boeing will continue to assemble both 787-8s and 787-9s in Everett, Wash., and North Charleston. Design of the 787-10 is underway in Everett, with final...
 




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