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General Dynamics Gets 29.8 Million Contract Modification from U.S. Navy

January 30, 2014

General Dynamics Electric Boat has been awarded a $29.8 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms.

In a release, the Company noted that under the terms of the modification, Electric Boat will perform submarine research and development studies in support of a range of technology areas including manufacturability, maintainability, survivability, hydrodynamics, acoustics and materials.

Electric Boat also will conduct research and development work in affordability, manning, hull integrity, performance, ship control, logistics, weapons handling and safety. Additionally, the contract supports near-term Virginia-class technology insertion, future submarine concepts and core technologies.

The Company said initially awarded in November 2010, the contract has a potential value of $711 million over five years if all options are exercised and funded.

Electric Boat is a subsidiary of General Dynamics.

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Source: Manufacturing Close - Up


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