General Dynamics Wins $347M Deal for Virginia-Class Submarines
Wednesday, January 09, 2019
General Dynamics Corp. 's GD business unit, Electric Boat, recently secured a modification contract in relation to the Virginia-class submarine program. Per the terms of the deal, the shipbuilder will offer fiscal 2019 lead yard support, development studies and design efforts for the Virginia-class submarines.
Details of the Deal
Valued at $346.5 million, the contract was awarded by the Naval Sea Systems Command, Washington, D.C. Under the agreement, lead yard support will maintain, update and support the Virginia class design as well as related drawings and data for each Virginia class Submarine (including technology insertion) throughout its construction and post-shakedown availability period.