2013 - Press Release Archives

General Dynamics Awarded $122 Million for Virginia-Class Submarine Procurement

GROTON, Conn. (December 23, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat a $121.8 million contract modification to buy long lead-time material for three Virginia-class submarines, SSN-793, SSN-794 and SSN-795. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The contract provides funding for steam and electrical-plant components, main propulsion unit and shipservice turbine generator sets, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines.

With the modification, the contract has a value of $716.5 million. It was awarded initially in April 2012.

Recognized as a 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 without decreasing capabilities through overall efficiency improvements, decreased shipconstruction labors costs and shortened ship-construction cycle times.

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

Return to top

U.S. Navy Awards General Dynamics $17 Million for Support Services at Groton Submarine Base

GROTON, Conn. (November 22, 2013) - The U.S. Navy awarded General Dynamics Electric Boat two contract modifications worth a total value of $16.8 million to perform nuclear and non-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 first contract, valued at $8.8 million, 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 nuclear services to support maintenance, modernization and repairs. A core group of about 25 Electric Boat employees are assigned to the NRMD, with surge groups of up to 100 shipyard employees assigned for short periods. Initially awarded in April 2013, the contract has a potential value of $164 million over five years.

The second contract, valued at $8 million, Electric Boat will continue operating the New England Maintenance Manpower Initiative (NEMMI) at the submarine base. Electric Boat will provide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment. About 270 Electric Boat employees are engaged in the work. This contract was first awarded in December 2012 and has a potential value of $222.3 million over five years.

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

Return to top

General Dynamics Awarded $29 Million by U.S. Navy for Common Missile Compartment Development

GROTON, Conn. (November 20, 2013) - The U.S Navy has awarded General Dynamics Electric Boat a $28.9 million contract modification to continue development of the Common Missile Compartment for the U.S. Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. The company received a similar award on November 14. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Electric Boat will procure hardware and material for the Common Missile Compartment’s missile-tube assembly and weldments. Initially awarded in December 2012, the five-year, $1.85 billion contract calls for Electric Boat to perform research and development work for the Navy's next-generation ballisticmissile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is $2.9 billion.

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 at www.generaldynamics.com.

Return to top

General Dynamics Receives $22 Million U.S. Navy Award for Common Missile Compartment Development

GROTON, Conn. (November 15, 2013) - The U.S Navy has awarded General Dynamics Electric Boat a $22.5 million contract modification for the continued development of the Common Missile Compartment for the U.S. Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Electric Boat will procure and test equipment to be used in the production of the Common Missile Compartment. Initially awarded in December 2012, the five-year, $1.85 billion contract calls for Electric Boat to perform research and development work for the Navy's next-generation ballistic-missile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is $2.9 billion.

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 at www.generaldynamics.com.

Return to top

General Dynamics Receives $18 Million Contract for Submarine Planning Services

GROTON, Conn. (November 5, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat an $18.2 million contract modification to perform reactor-plant planning yard services for nuclear submarines and supportyard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Initially awarded in November 2011, the contract has a potential cumulative value of $121.2 million through 2016 if all options are exercised. 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.

The submarine North Dakota is the 11th ship of the Virginia class, the first U.S. Navy combatants designed for the post-Cold War era. Unobtrusive, non-provocative and connected with land, air, sea and space-based assets, North Dakota and the other Virginia-class submarines are equipped to wage multi-dimensional warfare around the globe, providing the Navy with continued dominance in coastal waters or the open ocean.

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 at www.generaldynamics.com.

Return to top

General Dynamics to Christen the U.S. Navy's Most Advanced Submarine, North Dakota, on Saturday

GROTON, Conn. (October 29, 2013) - General Dynamics Electric Boat will christen North Dakota (SSN-784), the U.S. Navy's newest and most advanced nuclear-attack submarine, at its shipyard here on Saturday, Nov. 2, at 11 a.m. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Katie Fowler, wife of retired Vice Adm. Jeff Fowler, is the ship's sponsor. The event's principal speaker is Vice Adm. Michael J. Connor, commander - Submarine Forces.

The submarine North Dakota is the 11th ship of the Virginia class, the first U.S. Navy combatants designed for the post-Cold War era. Unobtrusive, non-provocative and connected with land, air, sea and space-based assets, North Dakota and the other Virginia-class submarines are equipped to wage multi-dimensional warfare around the globe, providing the Navy with continued dominance in coastal waters or the open ocean.

Electric Boat and its construction partner, Newport News Shipbuilding, have delivered 10 Virginia-class submarines to the Navy, and have contracts for eight additional ships.

A live video and audio webcast of the North Dakota christening will be accessible online at www.gdeb.com. Webcast coverage will begin Saturday at 10:30 a.m. EDT; the ceremony will begin at 11 a.m. and conclude at approximately 12:15 p.m. The program will be available for on-demand replay for one week, beginning at approximately 2:30 p.m. EDT on Saturday.

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

Return to top

General Dynamics Awarded $209 Million for Future Virginia-class Submarines

GROTON, Conn. (July 1, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat a $208.6 million contract modification to buy long lead-time material for three Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Recognized as a 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 driving innovative cost-saving efforts, without impacting capabilities, through overall efficiency improvements, decreased shipconstruction labors costs and shortened ship-construction cycle times.

As a result of this successful program performance and demand for the versatile capabilities of the Virginia-class submarine, the Navy authorized Electric Boat to start construction of two submarines per year beginning in 2011. This contract provides funding for the second fiscal year (FY) 14 Virginia-class submarine, SSN-793, and two FY 15 submarines, SSN-794 and SSN-795. Items funded include steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, and miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines.

With this modification, the overall contract is worth $595 million. It was initially awarded in April 2012.

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

Return to top

U.S. Navy Awards General Dynamics $20 Million for Nuclear Submarine Services

GROTON, Conn. (April 22, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat a $20 million contract modification for nuclear-maintenance work for submarines homeported at the Naval Submarine

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 nuclear services to support maintenance, modernization and repairs. A core group of about 25 Electric Boat employees are assigned to the NRMD, with surge groups of up to 100 shipyard employees assigned for short periods.

The company has been awarded two initial contract modifications to date, valued at $25 million. The contract has a total potential value of $164 million over five years.

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

Return to top

General Dynamics Is Awarded $10 Million for Submarine Maintenance and Modernization Work

GROTON, Conn. (April 15, 2013) - The U.S Navy has awarded General Dynamics Electric Boat a $9.5 million contract modification to plan and perform maintenance and modernization work on USS Hartford (SSN-768), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD)

Under the contract, Electric Boat will perform a dry-docking selected restricted availability at the company's shipyard in Groton. Work is expected to be completed by September 2013. More than 400 employees will be involved in the work at its peak.

The contract being modified was initially awarded in April 2012 and has a potential value of $67 million. More information about General Dynamics is available at www.generaldynamics.com.

Return to top

General Dynamics Awarded Submarine Safety and Maintenance Contract

GROTON, Conn. (February 28, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat a contract to perform submarine safety program (SUBSAFE) and intermediate submarine maintenance work for submarines. This five-year, indefinite delivery, indefinite quantity contract has a potential value of $215.5 million. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD)

Electric Boat will provide technical management, administrative and technical services, tools, equipment and facilities and required support to accomplish installation, repair and maintenance of weapons, hull, mechanical and electrical equipment.

Electric Boat has performed SUBSAFE work for the Navy for more than four decades and is a proven provider of intermediate-level maintenance and modernization activities.

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

Return to top

U.S. Navy Awards General Dynamics $42 Million for USS Hartford Maintenance and Modernization

GROTON, Conn. (February 1, 2013) - The U.S. Navy has awarded General Dynamics Electric Boat a $41.6 million contract modification to perform routine maintenance and modernization work on the USS Hartford (SSN-768), 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 perform a dry-docking selected restricted availability, which consists of maintenance work, upgrades 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 417 employees at its peak. It is scheduled for completion in July 2013.

The contract was initially awarded in April 2012 and has a potential value of $58.7 million if all options are exercised.

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

Return to top

General Dynamics Awarded $12 Million for Virginia-Class Repair Parts

GROTON, Conn. (January 24, 2013) - General Dynamics Electric Boat has received an $11.5 million contract modification from the U.S. Navy to provide on-board repair parts for Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The modification was exercised under the $14 billion contract awarded to Electric Boat in December 2008 for the construction of eight Virginia-class submarines, and has a potential value of $85 million.

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

Return to top

General Dynamics Receives $13 Million Navy Award for Common Missile Compartment Development

GROTON, Conn. (January 18, 2013) - The U.S Navy has awarded General Dynamics Electric Boat a $12.8 million contract modification for the continued development of the Common Missile Compartment for the U.S. Ohio Replacement Program and the United Kingdom's Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

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

The award modifies a $76 million 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 U.S. Navy and the Royal Navy. This modification brings the total amount awarded under the contract to more than $770 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.

Return to top

General Dynamics Awarded $52 Million for Maintenance Work on USS Mississippi

GROTON, Conn. (January 16, 2013) - General Dynamics Electric Boat has been awarded a $51.7 million contract modification by the U.S. Navy to plan and perform the post-shakedown availability (PSA) on the nuclear submarine USS Mississippi (SSN-782). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The PSA includes maintenance, repairs, alterations and testing. It will be performed at Electric Boat's Groton shipyard. Up to 400 employees will be engaged in the work, which is scheduled for completion by December 2013.

Initially awarded in April 2012, the contract has a total potential value of $67 million.

In May 2012, Electric Boat delivered Mississippi to the U.S. Navy a year ahead of contract schedule and more than $60 million below target cost.

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.

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

Return to top

General Dynamics Awarded $4.6 Billion for Submarine Programs

GROTON, Conn. (January 04, 2013) - General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6 billion to design and develop the next-generation strategic deterrent submarine, and to continue construction and purchasing of materials for Virginia-class attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under a five-year, $1.85 billion Ohio Replacement Program contract, Electric Boat will perform research and development work for this new class of ballistic-missile submarine, which is scheduled for a 2021 construction start. Additionally, Electric Boat will continue development of the joint U.S. Navy / Royal Navy Common Missile Compartment for Ohio Replacement submarines and the UK Successor-class ballistic-missile submarine. The potential value of this contract is $1.995 billion.

Electric Boat also received a $2.5 billion award to build two Virginia-class submarines - South Dakota (SSN-790) and Delaware (SSN-791) - the 17th and 18th ships of the class. Construction of Virginia-class submarines is shared between Electric Boat, the prime contractor, and its teammate, Newport News Shipbuilding.

Under the third award, Electric Boat will receive $308 million to purchase long lead-time materials for the as-yet unnamed Virginia-class submarines SSN-792, SSN-793 and SSN-794.

"These awards provide the stability to the submarine industrial base that will allow us to achieve even greater cost reduction through improved efficiencies in support of the Navy's submarine force-level requirements," said Electric Boat President Kevin J. Poitras.

"We appreciate the support of the Connecticut and Rhode Island congressional delegations, which are instrumental in educating their colleagues and others about the vital national-security need for a strong submarine force, helping to pave the way for these contracts," Poitras said.

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

Return to top