2014 - Press Release Archives

General Dynamics Awarded $36 Million for Development of Advanced Submarine Technologies

GROTON, Conn. (December 19, 2014) - General Dynamics Electric Boat has been awarded a $36.5 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 affordability, manning, hull integrity, performance, ship control, logistics, weapons handling and safety. Additionally, the contract supports near-term Virginia-class technology insertion, future submarine concepts and core technologies.

Initially awarded in November 2010, the contract has a potential value of $710.6 million over a total of five years if all options are exercised and funded.

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

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General Dynamics Receives $7 Million To Operate Floating Dry-Dock for U.S. Navy

GROTON, Conn. (November 13, 2014) - The U.S. Navy has awarded General Dynamics Electric Boat a $6.8 million contract to operate and maintain the floating dry-dock, Shippingport (ARDM-4). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The five-year contract has a potential value of $35.3 million.

The dry-dock is located at the naval submarine base in Groton. About 35 Electric Boat employees are assigned to the maintenance and operation of the Shippingport.

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

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General Dynamics Receives $19 Million Contract for Submarine Planning Services

GROTON, Conn. (October 23, 2014) - The U.S. Navy has awarded General Dynamics Electric Boat an $19 million modification contract 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).

Initially awarded in November 2011, the contract has a potential 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.

This work will engage Electric Boat engineering and design organization, which comprises more than 4,400 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.

For more information about Electric Boat, please visit www.gdeb.com.

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

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U.S. Navy Awards General Dynamics $311 Million for Nuclear-Submarine Support Work

GROTON, Conn. (September 26, 2014) - The U.S. Navy has awarded a $311 million contract to General Dynamics Electric Boat The U.S. Navy has awarded a $311 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under this option, Electric Boat will provide design, engineering, material and logistics support, and research and development activities for active U.S. submarines and submersibles. Electric Boat also will provide information services, planning, scheduling and technical support for submarine maintenance and modernization activities, training and facility support, and affordability and cost reduction support.

The contract has a total potential value of $1.5 billion over five 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 life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

For more information about Electric Boat, please visit www.gdeb.com.

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

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U.S. Navy Awards General Dynamics $234 Million for Nuclear-Submarine Support Work

GROTON, Conn. (September 12, 2014) - The U.S. Navy has awarded a $234 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. The contract has a total potential value of $1.5 billion over five years if all options are exercised. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

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

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.

For more information about Electric Boat, please visit www.gdeb.com.

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

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General Dynamics Delivers Submarine North Dakota To U.S. Navy on Schedule and Under Target Cost

GROTON, Conn. (August 29, 2014) - General Dynamics Electric Boat today delivered the nuclear-powered attack submarine North Dakota (SSN-784) on time and more than $30 million below target cost. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).

North Dakota is the 11 ship of the Virginia Class, which provides the Navy with the capabilities required to retain undersea dominance well into the 21st century. North Dakota will join the fleet in a commissioning ceremony Oct. 25 at the Navy submarine base in Groton.

North Dakota is also the first of the eight-ship group of Virginia-class submarines known as Block III. These ships embody a Navy and industry commitment to reduce costs without decreasing capabilities through an initiative comprising a multi-year procurement strategy, improvements in construction practices and the Design For Affordability (DFA) program.

The DFA program focuses primarily on the redesign of the submarine's bow, lowering program costs by $800 million, increasing capability and providing the capacity for additional growth at no additional cost. This redesign replaces a sonar sphere with a Large Aperture Bow (LAB) Array and the 12 individual vertical-launch missile tubes with two Virginia payload tubes (VPTs), which will each initially carry six missiles in multiple all-up round canisters.

The new LAB Array eliminates hundreds of hull penetrations and replaces tranducers with lower cost, lifeof-the-ship hydrophones. By nearly doubling the payload space available from 1,200 cubic feet with the 12 vertical launch tubes to 2,300 cubic feet, the VPTs will enable Virginia-class ships to deploy a wider variety of payloads.

"The full range of Block III improvements were successfully tested during North Dakota's sea trials," said Kurt Hesch, vice president and Virginia program manager, noting that the submarine received the highest quality score to date from the Navy Board of Inspection and Survey.

"This is an important accomplishment that reflects the skill and commitment of everyone involved in the Virginia-class submarine program. Maintaining this level of performance helps the Navy attain its shipbuilding goals and ensures our continuing success as a business."

Electric Boat and Newport News Shipbuilding have delivered 11 Virginia-class submarines to the Navy: USS Virginia (SSN-774), USS Texas (SSN-775), USS Hawaii (SSN-776), USS North Carolina (SSN-777), USS New Hampshire (SSN-778), USS New Mexico (SSN-779), USS Missouri (SSN-780), USS California (SSN-781), USS Mississippi (SSN-782) USS Minnesota (SSN-783) and North Dakota. Seven additional Block III submarines are under construction, while the 10 ships of the recently awarded Block IV contract will continue the two-per-year construction pace through 2018.

General Dynamics Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. In its position as an industry leader, Electric Boat remains committed to advancing its technical strengths, while providing the business expertise to effectively manage the challenges of nuclear-submarine production. The company's two primary locations are in Groton, Conn., and Quonset Point, R.I. Its current workforce is approximately 12,600 employees. For more information about Electric Boat, please visit www.gdeb.com.

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

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General Dynamics Awarded $18 Billion by U.S. Navy for 10 Virginia-Class Submarines

GROTON, Conn. (April 28, 2014) - The U.S. Navy today underscored its commitment to an advanced and adaptable submarine force by awarding General Dynamics Electric Boat a contract valued at $17.6 billion for the construction of 10 additional Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The multi-year Block IV contract enables Electric Boat and its industry teammate, Newport News Shipbuilding, to proceed with the construction of two ships per year over a five-year period. Construction of the first Block IV submarine, SSN-792, will begin May 1. The 10th ship to be procured under this contract is scheduled for delivery in 2023.

Virginia-class submarines are designed from the keel up for the full range of 21st century mission requirements, including anti-submarine and surface ship warfare and special operations support. These submarines excel in littoral and open-ocean environments and collect intelligence critical to irregular warfare efforts with advanced intelligence, surveillance and reconnaissance capabilities. Unobtrusive, nonprovocative and connected with land, air, sea and space-based assets, these versatile and powerful vessels are a core component of the Navy fleet and support national security interests.

Ships of the Virginia class exemplify the commitment by the Navy and industry to reduce costs without decreasing capabilities through a multi-year procurement strategy, continuous improvements in construction practices and cost-reduction design changes.

"This award has great significance for the U.S. Navy, our company and the entire submarine industrial base," said Jeffrey S. Geiger, president of Electric Boat. "By continuing to produce two ships per year, the Navy and industry team retains the stability required to achieve increased efficiencies, providing the fleet with the submarines it needs to sustain the nation's undersea dominance."

"This is the largest number of boats ordered to date in a single contract block, which is great news - particularly in light of today's challenging economic and political environments," said Newport News Shipbuilding President Matt Mulherin. "The Virginia-class program has already proven itself to be one of the best, if not the best, performing shipbuilding programs in the country and we look forward to continuing our important role in building these submarines."

Electric Boat and Newport News Shipbuilding already have delivered 10 Virginia-class submarines to the Navy: USS Virginia (SSN-774), USS Texas (SSN-775), USS Hawaii (SSN-776), USS North Carolina (SSN-777), USS New Hampshire (SSN-778), USS New Mexico (SSN-779), USS Missouri (SSN-780), USS California (SSN-781), USS Mississippi (SSN-782) and USS Minnesota (SSN-783). Eight additional submarines are under construction.

Virginia-class submarines displace 7,800 tons, with a hull length of 377 feet and a diameter of 34 feet. They are capable of speeds in excess of 25 knots and can dive to a depth greater than 800 feet, while carrying Mark 48 advanced capability torpedoes, Tomahawk land-attack missiles and unmanned underwater vehicles.

General Dynamics Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. In its position as an industry leader, Electric Boat remains committed to advancing its technical strengths, while providing the business expertise to effectively manage the challenges of nuclear-submarine production. The company's two primary locations are in Groton and Quonset Point, R.I. Its current workforce is approximately 12,000 employees. For more information about Electric Boat, please visit www.gdeb.com.

For more information about General Dynamics, please visit www.generaldynamics.com

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U.S. Navy Awards General Dynamics $11 Million for Support Services at Groton Submarine Base

GROTON, Conn. (April 04, 2014) - The U.S. Navy has awarded General Dynamics Electric Boat an $11 million contract to perform 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).

With this modification, 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 at the submarine base. Approximately 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

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U.S. Navy Awards General Dynamics $57 Million for USS Minnesota Maintenance and Modernization

GROTON, Conn. (March 11, 2014) - The U.S. Navy has awarded Electric Boat a $57.2 million contract to prepare and perform maintenance work on the USS Minnesota (SSN-783), a Virginia-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 post-shakedown availability on the Minnesota, which consists of maintenance work, repairs, alternations and testing 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 600 employees at its peak. The work is scheduled for completion in February 2015.

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

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

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General Dynamics Awarded $36 Million for Submarine Development Work

GROTON, Conn. (March 05, 2014) - General Dynamics Electric Boat has beenawarded two contract modifications from the U.S. Navy worth a total value of $35.8 million. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the first contract, valued at $19.8 million, 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. The company will also conduct research and development work in manning, hull integrity, performance, ship control, logistics, weapons handling and safety. The contract supports near-term Virginia-class technology insertion, future submarine concepts and core technologies. Initially awarded in November 2010, the contract has a potential value of $710.6 million over five years.

For the second contract, valued at $16 million, Electric Boat will continue development of the Common Missile Compartment for the U.S. Ohio replacement submarine. The company will procure missile tube long-lead-time material and design and manufacture hardware. Initially awarded in December 2012, the five-year, $1.85 billion contract calls for Electric Boatto 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 $2.3 billion.

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

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General Dynamics Awarded $520 Million for Virginia-Class Submarine Procurement

GROTON, Conn. (February 05, 2014) - The U.S. Navy has awarded General Dynamics Electric Boat a $520 million contract modification to buy long lead-time material for four Virginia-class submarines, SSN-794, SSN-795, SSN-796 and SSN-797. 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 ship-service turbine generator sets, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines.

With this modification, the contract has a value of $1.2 billion. It was awarded initially in April 2012.

The contract continues to support the submarine industrial base in California, Pennsylvania, New Jersey, Connecticut, Virginia, Arizona, New York, New Hampshire, Wisconsin, Illinois, Massachusetts and other states throughout the U.S.

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 ship-construction labor costs and shortened ship-construction cycle times.

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

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General Dynamics Awarded $30 Million for Development of Advanced Submarine Technologies

GROTON, Conn. (January 17, 2014) - General Dynamics Electric Boat has been awarded a $29.8 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 affordability, manning, hull integrity, performance, ship control, logistics, weapons handling and safety. Additionally, the contract supports near-term Virginia-class technology insertion, future submarine concepts and core technologies.

Initially awarded in November 2010, the contract has a potential value of $711 million over five years if all options are exercised and funded.

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

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U.S. Navy Awards General Dynamics $15 Million for Support Services at Groton Submarine Base

GROTON, Conn. (January 15, 2014) - The U.S. Navy has awarded General Dynamics Electric Boat a $15 million contract modification to perform non-nuclear maintenance workfor submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

With this modification, Electric Boat will continue operating the New England Maintenance Manpower Initiative (NEMMI) at the submarine base. Under the terms of the contract, Electric Boat will provide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating drydocks, support and service craft and other platforms and equipment at the submarine base. 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

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General Dynamics Receives $15 Million U.S. Navy Award for Common Missile Compartment Development

GROTON, Conn. (January 10, 2014) - The U.S Navy has awarded General Dynamics Electric Boat a $15 million contract modification to continue development of the Common Missile Compartment for the Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. 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.

Electric Boat will procure long-lead-time material for the Common Missile Compartment's integrated missile-tube and hull. 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 $2.3 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

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