GROTON, Conn., Oct. 13, 2020 /PRNewswire/ -- General Dynamics
Electric Boat, a wholly-owned subsidiary of General Dynamics
(NYSE:GD), has been awarded a $327.8
million cost-plus-fixed-fee contract modification for fiscal
year 2020 for lead yard support, development studies and design
efforts for Virginia-class submarines.
Under the contract modification, Electric Boat will undertake
development studies and other work related to Virginia-class
submarine design improvements, including incorporation of new
technologies. The work will engage Electric Boat's engineering and
design organization, which comprises more than 5,000 employees.
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.
"Over the life of the Virginia
program, the shipbuilders of Electric Boat have made improvements
to the design of each ship," said Kevin
Graney, President, General Dynamics Electric Boat.
"This lead yard services contract will fund critical research and
development work to further advance the stealth, capability and
superiority of the Virginia class,
providing our sailors with a greater advantage in the undersea
domain."
General Dynamics is a global aerospace and defense company that
offers a broad portfolio of products and services in business
aviation; combat vehicles, weapons systems and munitions; IT
services; C4ISR solutions; and shipbuilding and ship repair.
General Dynamics employs more than 100,000 people worldwide and
generated $39.4 billion in revenue in
2019. More information about Electric Boat is available at
www.gdeb.com. More information about General Dynamics is available
at www.gd.com.
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SOURCE General Dynamics Electric Boat