2015 - Press Release Archives

General Dynamics Awarded $103 Million by U.S. Navy for Virginia-class Submarine Work

GROTON, Conn. (Nov 25, 2015) – General Dynamics Electric Boat has been awarded a $102.8 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.

This modification brings the cumulative value of the contract, initially awarded in 2010, to $1.1 billion.

This work will engage Electric Boat’s 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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General Dynamics Receives $24 Million Contract for Submarine Planning Services

GROTON, Conn. (Oct 20, 2015) – Today, The U.S. Navy has awarded General Dynamics Electric Boat a $24.1 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).

Initially awarded in November 2011, the contract 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 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.

Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. The company's primary locations are in Groton, New London, Conn., and Quonset Point, R.I. Its current workforce is approximately 14,000 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 Christens Submarine Illinois (SSN 786)

GROTON, Conn. (Oct 10, 2015) – Today, General Dynamics Electric Boat christened the Illinois (SSN 786), the 13th submarine of the U.S. Navy's Virginia Class. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The Saturday morning christening ceremony took place at Electric Boat's Groton shipyard with the Secretary of the Navy Ray Mabus as the ceremony's principal speaker. First Lady Michelle Obama is the ship's sponsor and she christened the ship by breaking a bottle of Illinois sparkling wine against the submarine's bow before an audience of approximately 7,500 people.

USS Illinois will be delivered to the Navy in 2016.

“We are honored to have the First Lady as our sponsor,” said Electric Boat President Jeffrey Geiger. "I'm proud to show her that this submarine is the embodiment of our team, whose innovation, ingenuity and unrelenting work ethic is unmatched."

Virginia-class submarines are among the most effective platforms in the Navy's portfolio. These submarines are equipped to wage multi-dimensional warfare around the globe. In addition to anti-submarine, anti-surface ship and counter-mine warfare, Illinois will support surveillance, special operations and covert strike missions.

Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. The company's primary locations are in Groton, New London, Conn., and Quonset Point, R.I. Its current workforce is approximately 14,000 employees. For more information about Electric Boat, please visit www.gdeb.com.

More information about the christening is available at www.ebchristenings.com.

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First Lady Michelle Obama to Christen Submarine Illinois on Saturday, Oct. 10

GROTON, Conn. (Oct 05, 2015) – First Lady Michelle Obama joins General Dynamics Electric Boat in christening Illinois (SSN-786), the U.S. Navy's newest and most advanced nuclear attack submarine, at a ceremony here Saturday, Oct. 10, at 11 a.m. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

First Lady Michelle Obama is the ship's sponsor and participated in the keel laying of the Illinois in 2014. The christening's principal speaker is Secretary of the Navy Ray Mabus.

The submarine Illinois is the 13th 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, Illinois and the other Virginia-class submarines are equipped to wage multi-dimensional warfare around the globe, providing the U.S. Navy with continued dominance in coastal waters or the open ocean. With its construction partner Newport News Shipbuilding, Electric Boat has delivered 12 Virginia-class submarines; another nine are under construction.

A live video and audio webcast of the Illinois christening will be accessible online at: www.ebchristenings.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.

Attendance is by invitation only. More information about the christening is available at: www.ebchristenings.com

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

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U.S. Navy Awards General Dynamics $322 Million for Nuclear-Submarine Support Work

GROTON, Conn. (Sept 17, 2015) – The U.S. Navy has awarded a $321.7 million contract option 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/cost reduction support.

The contract will be worth approximately $1.5 billion over five years if all options are exercised and funded.

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

Electric Boat has established standards of excellence in the design, construction and life-cycle 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 primary locations are in Groton, Conn., New London, Conn., and Quonset Point, R.I. Its current workforce is approximately 14,000 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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U.S. Navy Awards General Dynamics $46 Million for USS Montpelier Maintenance and Modernization

GROTON, Conn. (May 29, 2015) - The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, 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 the planning activities required to conduct an interim dry-docking period, 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 600 employees at its peak. The work is scheduled for completion by February 2018.

The contract has a potential value of $259.6 million if all options are exercised.

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

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U.S. Navy Awards General Dynamics $33 Million for Nuclear Submarine Services

GROTON, Conn. (April 03, 2015) - The U.S. Navy has awarded General Dynamics Electric Boat a $32.6 million contract modification 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 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.

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

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General Dynamics Electric Boat Hosts Keel-Laying Ceremony for Submarine Colorado

North Kingstown, R.I. (March 09, 2015) - Continuing a time-honored shipbuilding tradition, on Saturday, March 7, Ship Sponsor Annie Mabus laid the keel of the submarine Colorado, marking the ceremonial start of construction for the 15th ship of the Virginia Class.

The event was hosted by General Dynamics Electric Boat at its Quonset Point facility and attended by local and Congressional dignitaries, Navy officials and more than 1,000 employees and family members. Mabus, the daughter of Secretary of the Navy Ray Mabus, chalked her initials on a steel plate to be affixed in the submarine. Electric Boat employee John Alves then welded Mabus' initials onto the plate.

"Here in Quonset Point and in Groton, in Newport News and around the country, thousands and thousands of exceptionally skilled shipbuilders will build the USS Colorado, the most advanced ship in the world,” said Navy Secretary Mabus. "No one builds warships as well as America. No one."

Along with the other ships of the Virginia Class, Colorado represents a revolution in submarine design, construction and mission capability. Its contract delivery date to the Navy is August 2017.

Virginia-class submarines have been delivered on-budget and ahead-of-schedule, and 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. In April 2014, the Navy awarded a $17.6 billion contract – the largest in Navy shipbuilding history – to build 10 additional vessels.

“Colorado will be a testament to the dedication of the employees of Electric Boat and Newport News Shipbuilding; our supplier network; the leadership of the U.S. Navy, and our supporters in Congress,” said Jeffrey S. Geiger, president of Electric Boat.

Serving as the backdrop for the ceremony was the 100-foot, 1,600-ton module that will contain Colorado's engine room.

Electric Boat, a business unit of General Dynamics (NYSE: GD), has primary locations in Groton and New London, Conn., and Quonset Point, R.I. Its current workforce is approximately 12,900 employees.

A video of the ceremony can be viewed at www.gdeb.com.

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

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General Dynamics Electric Boat Names Vice President of Program Integration and Concept Development

GROTON, Conn. (February 18, 2015) - General Dynamics Electric Boat today announced the appointment of Kenneth M. Perry as vice president of program integration and concept development. He will work at the company's Washington, D.C., office and report to Electric Boat President Jeffrey S. Geiger.

Perry will serve as a key Electric Boat contact with Navy senior leadership, Pentagon officials, industry groups and academic institutions, and work to develop and implement engineering, construction and operational concepts that improve the company's strategic position. He will begin on Feb. 25.

"Ken is a recognized leader with strong relationships in the Navy community," said Geiger. "His ship and shore experience – and keen strategic insight – will provide us with valuable expertise and perspective as we expand our work on the Ohio Replacement and continue production of Virginia-class submarines."

Perry, a career submarine officer who retired from the U.S. Navy as a rear admiral after more than 30 years of service, will be responsible for the company's Washington operations, submarine concept formulation, and internal research and development investment. He will also share oversight of strategic planning.

A graduate of the U.S. Naval Academy, Perry earned an MBA at Duke University and a master's degree in national security strategy at the National War College. He also studied government policy at Harvard University's John F. Kennedy School of Government.

Over the course of his career, Perry deployed around the world, and commanded ballistic missile submarine USS Pennsylvania and Submarine Development Squadron 12. He also served as vice commander for Naval Mine and Anti-Submarine Warfare Command, where he led the International Mine Countermeasure Task Force in the Persian Gulf. Most recently, Perry was commander of Submarine Group Two in Groton, Conn., the Navy's largest submarine group. While at Group Two, he organized and led a Navy-wide task force to open submarine service to women.

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

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