Sunday, October 18, 2009

DTN News: General Dynamics Receives $62 Million For Submarine Support Work

DTN News: General Dynamics Receives $62 Million For Submarine Support Work
*Source: DTN News / General Dynamics
(NSI News Source Info) GROTON, Conn. - October 18, 2009: The U.S. Navy has awarded General Dynamics Electric Boat $61.8 million to extend two existing contracts for submarine modernization and maintenance and reactor-plant planning yard work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).
Under a $43.7 million modification, Electric Boat will continue to perform non-nuclear submarine modernization and repair services at the Naval Submarine Support Facility in Groton in support of submarines, the Shippingport floating dry-dock as well as support and service craft. This is a modification to a five-year contract initially awarded in October 2006 that has a total potential value of $201.8 million if all options are exercised and funded. About 270 Electric Boat employees are engaged in the work.
Additionally, Electric Boat will provide reactor-plant planning yard services for nuclear submarines and support yard services for moored training ships under a separate $18.1 million contract modification.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/
General Dynamics Related News....for full stories click on the links below
~ 10/15/2009 General Dynamics to Develop Secure Employment Cards for U.S. Citizenship and Immigration Services Program ~ 10/9/2009 General Dynamics Awarded Contract for Stryker Production ~ 10/8/2009 General Dynamics Elects William A. Osborn to Board of Directors ~ 10/6/2009 General Dynamics Awarded $140 Million Contract by the U.S. Coast Guard ~ 10/6/2009 General Dynamics Awarded $321 Million by U.S. Navy for Nuclear-Submarine Support Work ~ 10/5/2009 General Dynamics Awarded U.S. Army Contract for Engineering and Manufacturing Services ~ 10/5/2009 General Dynamics Awarded $16 Million for Chemical Detection Systems Production ~ 10/1/2009 General Dynamics Awarded $58 Million for Abrams Tank System Technical Support ~ 9/30/2009 General Dynamics Itronix Offers Gobi Wireless 3G Technology in Rugged Mobile Computing Products ~ 9/30/2009 General Dynamics Advanced Information Systems Awarded $153 Million Navy Submarine Contract ~ 9/28/2009 General Dynamics Awarded $86 Million for Sustainment of U.S. Marine Corps’ Mobile Combat Operations Centers ~ 9/25/2009 U.S. Navy Awards General Dynamics $10 Million for Common Missile Compartment Work ~ 9/25/2009 General Dynamics Awarded $7 Million for Saudi Tank Work ~ 9/25/2009 General Dynamics Awarded $24 Million to Provide Remote Weapon Systems That Protect Tank Commanders ~ 9/22/2009 General Dynamics NASSCO Starts Construction of the Future USNS William McLean ~ 9/21/2009 General Dynamics Awarded $37 Million Contract by U.S. Air Force for ‘Identification Friend or Foe’ Cryptographic Modules

No comments: