2012 - Press Release Archives

U.S. Navy Awards General Dynamics $48 Million for USS Toledo Maintenance and Modernization

GROTON, Conn. (December 18, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat a $47.7 million contract modification to perform routine maintenance and modernization work on the USS Toledo (SSN 769), a Los Angeles class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).

Under the terms of the contract, Electric Boat will plan and perform a dry docking selected restricted availability, which consists of maintenance work, alterations and modernization activities required to ensure the submarine is operating at full technical capacity. The work will take place at the Electric Boat shipyard in Groton and involve up to 300 employees. The work is scheduled for completion in September 2013.

The contract was initially award in May 2012 and has a potential value of $65 million if all options are exercised.

More information about General Dynamics is available at www.generaldynamics.com.

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General Dynamics Awarded $41 Million for Submarine Maintenance and Modernization

GROTON, Conn. (December 17, 2012) - General Dynamics Electric Boat has been awarded a U.S. Navy contract worth $41 million to perform non nuclear submarine modernization and maintenance work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the Naval Submarine Base here, providing a wide range of non nuclear overhaul, repair and modernization services in support of submarines, floating dry docks, support and service craft and other equipment at the base. About 250 Electric Boat employees will be engaged in the work.

The contract includes four annual options. If these options were exercised, the cumulative value of the contract would be $222.3 million

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $7 Million for Development of Advanced Submarine Technologies

GROTON, Conn. (November 30, 2012) - General Dynamics Electric Boat has been awarded a $7.1 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the modification, Electric Boat will perform advanced submarine research and development studies in support of a wide range of technology areas including manufacturability, maintainability, survivability, hydrodynamics, acoustics and materials. Electric Boat also will conduct research and development work in additional areas including manning, hull integrity, performance, ship control, logistics, weapons handling and safety. Additionally, the contract supports near-term Virginia class technology insertion, identification of Ohio class replacement technology options, future submarine concepts and core technologies.

Initially awarded in November 2010, the contract has a potential value of $711.4 million over a total of five years if all options are exercised and funded.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 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 e ventually to inactivation and disposal.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Receives $62 Million Navy Award for Common Missile Compartment Development

GROTON, Conn. (November 21, 2012) - The U.S Navy has awarded General Dynamics Electric Boat a $61.7 million contract modification for the continued development of the Common Missile Compartment for the United Kingdom's Successor ballistic missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the modification, Electric Boat will procure, manufacture and test prototype material and equipment to be used in the production of the Common Missile Compartment.

The award modifies a contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy. If all options are exercised and funded, the overall contract would have a value of more than $776 million.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 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 General Dynamics is available at www.generaldynamics.com.

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General Dynamics Awarded $89 Million by U.S. Navy for Virginia class Submarine Work

GROTON, Conn. (November 19, 2012) - General Dynamics Electric Boat has been awarded an $88.8 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 technology to be inserted in newly built Virginia-class ships.

The contract has a potential cumulative value of $881 million through 2014 if all options are exercised and funded.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 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 General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Receives $18 Million Contract for Submarine Planning Services

GROTON, Conn. (October 25, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat a $17.5 million contract modification to perform reactor plant planning yard services for nuclear submarines and support yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The contract being modified was initially awarded in November 2011 and has a potential cumulative value of $121.2 million through 2016 if all options are exercised and funded. Most of the work will be performed in Groton, with the remainder taking place in Charleston, S.C., where the moored training ships are based.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 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 General Dynamics is available on the Internet at www.generaldynamics.com.

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U.S. Navy Awards General Dynamics $459 Million for Nuclear-Submarine Support Work

GROTON, Conn. (October 16, 2012) - The U.S. Navy has awarded a $459 million contract modification to General Dynamics Electric Boat to provide planning yard work and engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of this award, Electric Boat will provide design, engineering and logistics support and research and development activities for active U.S. submarines and submersibles. Electric Boat will also provide information services and support submarine maintenance and modernization activities, training and affordability/cost reduction efforts.

Initially awarded in October 2010, the contract has a potential value of approximately $1.2 billion over three years if all options are exercised.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine lifecycle from concept formulation and design through construction, maintenance and modernization and eventually to inactivation and disposal.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $100 Million by U.S. Navy for Virginia-class Submarine Work

GROTON, Conn. (October 2, 2012) - General Dynamics Electric Boat has been awarded a $100.4 million contract modification by the U.S. Navy to provide 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 develop, maintain and update design drawings and data, including technology insertions, for each Virginia-class submarine throughout its construction and post shakedown availability periods.

The contract has a potential cumulative value of $881 million through 2014 if all options are exercised and funded.

This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine lifecycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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U.S. Navy Awards General Dynamics $94 Million to Plan USS Miami Fire Restoration

GROTON, Conn. (September 17, 2012) - The U.S Navy has awarded General Dynamics Electric Boat a $94 million contract for advance planning and preliminary execution of fire-restoration efforts on USS Miami (SSN 755). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The USS Miami was damaged in a fire in May while it was in dry dock at the Portsmouth Naval Shipyard in Kittery, Maine, for a 20 month engineered overhaul. The fire-restoration efforts include assessment and analysis, planning and material procurement, fabrication and initial installation, and are expected to be completed by June 2013. The contract includes an option which, if exercised, would bring the cumulative value to $100 million. Approximately 300 Electric Boat employees will be involved in the work, which will be done in coordination with the ongoing engineered overhaul of USS Miami at Portsmouth Naval Shipyard in Kittery.

The contract has a potential value of $23.6 million over 9 months.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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U.S. Navy Awards General Dynamics $16 Million for Nuclear Submarine Services

GROTON, Conn. (August 9, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract to perform nuclear-maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base. The company will provide project management, planning, training and radiological control services to support maintenance, modernization and repairs. A core group of approximately 25 Electric Boat employees are assigned to the NRMD, with surge groups of up to 100 shipyard employees assigned for short periods.

The contract has a potential value of $23.6 million over 9 months.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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Navy Awards General Dynamics $7 Million to Plan Submarine Maintenance and Modernization Work

GROTON, Conn. (August 2, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat a $6.9 million contract
modification to plan maintenance and modernization work on the Los Angeles-class submarines USS Hartford (SSN 768) and USS Toledo (SSN 769). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the contract modification, Electric Boat will perform advanced planning and material procurement to prepare for and complete Dry Docking Selected Restricted Availabilities (DSRAs) on the two submarines. The planning and execution of the two DSRAs has a combined potential value of $75 million. The DSRAs are scheduled for completion by January 2013. The work will take place at Electric Boat's Groton shipyard.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $7 Million for Virginia-class Submarine Work

GROTON, Conn. (May 22, 2012) - General Dynamics Electric Boat has been awarded a $6.8 million U.S. Navy contract modification to design and procure a common controller for various shipboard functions on Virginia class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

This modification is part of an overall engineering contract supporting the Virginia-class submarine program. The contract was initially awarded in July 2010 and has a potential value of $881 million over a total of five years if all options are exercised and funded.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Delivers Submarine Mississippi to U.S. Navy 363 Days Ahead of Schedule

GROTON, Conn. (May 2, 2012) - General Dynamics Electric Boat today delivered the nuclear-powered attack submarine Mississippi (SSN-782) to the U.S. Navy 363 days ahead of contract schedule and more than $60 million below target cost. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).

John Holmander, vice president and Virginia program manager for General Dynamics Electric Boat, noted that Mississippi was at the most combat-ready state of any Virginia class submarine at delivery. He credited the Navy, the shipbuilders and the supplier base for achieving significant shipbuilding benchmarks with the delivery of Mississippi.

Mississippi is the ninth ship of the Virginia Class, the most advanced submarines in the world. These ships are providing the Navy with the capabilities it requires to retain its undersea dominance well into the 21st century. Mississippi will join the fleet in a commissioning ceremony June 2 in Pascagoula, Miss.

"When compared with the lead ship of the Virginia Class, we have reduced our construction span time by two years, and implemented improvements that reduced construction labor hours by 30 percent," Holmander said.

"These are remarkable achievements that demonstrate the skill and commitment of everyone involved in the Virginia class submarine program," he said. "This kind of performance is the best way to help the Navy attain its shipbuilding goals and ensure our continuing success as a business."

Electric Boat and its major subcontractor, Newport News Shipbuilding, have received contracts to build the first 18 submarines of a planned 30-ship Virginia Class under a unique teaming agreement.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $78 Million for Virginia-class Submarine Procurement

GROTON, Conn. (April 18, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat a $78 million contract to buy long lead-time material for the Virginia-class submarine SSN-792. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The contract provides funding for steam and electrical-plant components, the main propulsion unit and ship-service turbine generator set, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of SSN-792, which will begin in 2014.

Hailed as model defense-acquisition program for its technical excellence and schedule performance, the Virginia-class submarine program provides the Navy with the capabilities required to dominate both the open ocean and the littorals. In partnership with the Navy, Electric Boat is successfully pursuing its goal to reduce ship costs while maintaining capabilities through overall efficiency improvements, decreased shipconstruction labors costs and shortened ship-construction cycle times.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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Submarine Mississippi Completes First Voyage

GROTON, Conn. (April 9, 2012) - The nation's newest and most-advanced nuclear-powered attack submarine, Mississippi (SSN-782), returned to the Electric Boat shipyard today following the successful completion of its first voyage in open seas, called alpha sea trials. Mississippi is the ninth ship of the Virginia Class, the most-capable class of attack submarines ever built. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

During the alpha sea trials, Mississippi submerged for the first time and conducted high-speed runs on and under the surface to demonstrate that the submarine's propulsion plant is fully mission-capable.

The sea trials were conducted by Adm. Kirkland Donald, director - Naval Nuclear Propulsion. Also participating in the sea trials were Rear Adm. David Johnson, program executive officer - Submarines; Rear Adm. Richard Breckenridge, commander - Submarine Group Two; Rear Adm. (Select) Michael E. Jabaley, program manager - Virginia-class Submarine Program; Capt. Darlene Grasdock, supervisor of shipbuilding in Groton; Kevin J. Poitras, Electric Boat senior vice president - Engineering and Design Programs; John Holmander, Electric Boat vice president - Virginia Program; and Joseph A. Walsh, Electric Boat vice president - Operations. Mississippi is commanded by Capt. John McGrath.

Electric Boat and its major subcontractor, Newport News Shipbuilding, have received contracts to build the first 18 submarines of a planned 30-ship Virginia Class under a unique teaming agreement.

Virginia-class characteristics Displacement: 7,835 tons Length: 377 feet Beam: 34 feet Payload: 40 weapons Special Operations Forces Unmanned undersea vehicles Weapons: Tomahawk land-attack cruise missiles Mark 48 advanced capability torpedoes Crew: 134 officers and enlisted personnel

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $25 Million for Submarine and Carrier Maintenance Work

GROTON, Conn. (April 3, 2012) - The U.S. Navy has awarded General Dynamics Electric Boat two contracts worth $25.2 million to perform nuclear submarine and carrier maintenance and modernization work in Groton and Bremerton, Wash. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the first contract, worth $15.4 million, Electric Boat will perform the planning, engineering and design, prefabrication and shipyard tasks required to complete a dry-docking continuous maintenance availability for the Los Angeles attack submarine USS Annapolis. The work will take place at Electric Boat's Groton shipyard and at its peak will engage about 150 employees. It is scheduled for completion by December 2012.

Electric Boat also was awarded $9.8 million to support nuclear submarine and carrier repair work at Puget Sound Naval Shipyard in Bremerton, Wash. The company's skilled tradespeople will be assigned to maintenance availabilities on the submarines USS Kentucky (SSBN-737), USS Pennsylvania (SSBN-735), USS Seawolf (SSN-21), USS Connecticut (SSN-22), USS Ohio (SSGN-726) and USS Michigan (SSGN- 727), and the aircraft carrier USS Reagan (CVN-76). This work is expected to be completed by October 2012.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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General Dynamics Awarded $8 Million by U.S. Navy for Virginia-class Submarine Work

GROTON, Conn. (February 24, 2012) - General Dynamics Electric Boat has been awarded an $8.3 million contract modification by the U.S. Navy to procure components 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 procure material for the construction of Advanced Integrated Low Pressure Electrolyzers used on Virginia-class submarines.

The lead-yard services contract being modified has a potential cumulative value of $881 million through 2014 if all options are exercised and funded.

More information about General Dynamics is available on the Internet at www.generaldynamics.com.

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