GROTON, Conn., Dec. 6, 2017 /PRNewswire/ -- General
Dynamics Electric Boat has been awarded a $432 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, 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.
Initially awarded in August 2016,
the contract has a potential value of $900
million through November
2018.
This work will engage Electric Boat's engineering and design
organization, which comprises more than 5,000 employees. Possessing
proven technical capabilities, these employees work on all facets
of the submarine life cycle from concept formulation and design
through construction, maintenance and modernization, and eventually
to inactivation and disposal.
More information about Electric Boat is available at
www.gdeb.com.
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SOURCE General Dynamics Electric Boat