GROTON, Conn., Aug. 18, 2017 /PRNewswire/ -- General Dynamics
Electric Boat has been awarded a $115.3
million contract modification by the U.S. Navy to provide
research and development and lead-yard services for Virginia-class
nuclear-powered attack submarines. Electric Boat is a wholly owned
subsidiary of General Dynamics (NYSE: GD).
Under the contract modification, Electric Boat will undertake
development studies and other work related to Virginia-class
submarine design improvements. Additionally, Electric Boat will
perform research and development work required to evaluate new
technologies to be inserted in newly built Virginia-class ships,
including the Virginia Payload Module.
The contract was initially awarded in 2016 and has a potential
value of $431 million.
More information about Electric Boat is available at
www.gdeb.com. More information about General Dynamics is available
at www.generaldynamics.com.
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SOURCE General Dynamics Electric Boat