By Josh Beckerman

 

General Dynamics said its NASSCO unit received a U.S. Navy ship repair contract for an initial $15.6 million, with options that could increase the cumulative value to $753.8 million.

The work on the USS Chung-Hoon and USS James E. Williams ships will be performed in Norfolk, Va., and San Diego, and will continue through November 2030 if all options are exercised.

On Sept. 29, General Dynamics Electric Boat was awarded a $967 million contract modification for Virginia-Class submarines.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

October 13, 2023 14:03 ET (18:03 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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