2003 - Press Release Archives

EB awarded $63.5M in contract modifications for submarine work
(Dec. 23, 2003)

Navy awards EB $222M contract for SSGN work
(Dec. 19, 2003)

EB president announces three key staff appointments
(Dec. 16, 2003)

Navy awards EB $30M contract modification for SSGN work
(Dec. 12, 2003)

Employees again meet incentive goal, will receive $500 checks
(Dec. 11, 2003)

Employees, EB pledge a record $1.5 million to regional charities
(Dec. 9, 2003)

Balerna is promoted to new controller post
(Dec. 5, 2003)

EB awarded $10.4M contract mod for submarine work
(Dec. 1, 2003)

EB gets Multi-Award Contract for future maintenance work
(Nov. 21, 2003)

Navy awards EB $6.6M to operate drydock
(Oct. 27, 2003)

EB receives $23M contract for UK Astute-class submarine work
(Oct. 23, 2003)

EB awarded $5M contract mod for Navy nuclear work
(Oct. 22, 2003)

Navy awards EB $14.4M submarine engineering contract
(Oct. 3, 2003)

John P. Casey is named EB president; Peter J. Halvordson is named VP - operations
(Oct. 1, 2003)

Navy awards EB $10M for submarine maintenance planning
(Sept. 26, 2003)

EB awarded $43.5M for Virginia-class R&D
(Sept. 22, 2003)

Navy awards EB $34M for SSGN conversion work
(Sept. 16, 2003)

EB awarded $39.5M contract modification for submarine R&D
(Sept. 9, 2003)

Navy awards EB $8.7B contract for six Va.-class submarines
(Aug. 14, 2003)

Virginia, nation's most advanced submarine, to be christened Sat.
(Aug. 12, 2003)

Lead Virginia-class submarine prepares for Aug. 16 christening
(Aug. 4, 2003)

Metal Trades Council ratifies new 63-month labor agreement
(July 24, 2003)

Navy awards EB $7M for Augusta maintenance planning
(July 11, 2003)

EB awarded $10M contract modification for Navy nuclear work
(June 20, 2003)

EB awarded $5.9M contract option for Virginia-class repair parts
(June 9, 2003)

Navy awards EB $24 million for SSGN conversion work
(May 27, 2003)

EB's Shipway named president of Bath Iron Works
(April 28, 2003)

Medrzychowski named director of nuclear projects, repair engineering
(April 25, 2003)

Serpa named director of manufacturing at Quonset Point facility
(April 17, 2003)

EB awarded $15.4M contract modification for submarine work
(April 15, 2003)

Navy awards EB $7.1M for Seawolf maintenance planning
(April 15, 2003)

EB to work with BAE Systems on U.K.'s Astute-class program
(April 11, 2003)

Navy awards EB $59.2M for Virginia-class work
(April 3, 2003)

Forney, Thaxton named to new positions
(March 21, 2003)

Navy awards EB $17.2 million for Seawolf R&D
(March 19, 2003)

GD appoints Toner executive VP of Marine Systems group; Welch retires
(March 14, 2003)

EB awarded $17.4M for work on Jimmy Carter (SSN23)
(Feb. 25, 2003)

Navy awards EB $16M contract for submarine maintenance planning
(Feb. 18, 2003)

EB awarded $51M contract modification for submarine work
(Jan. 15, 2003)

MTC members to get $200 safety award
(Jan. 15, 2003)

EB awarded $63.5M in contract modifications for submarine work
(Dec. 23, 2003)

The U.S. Navy has awarded Electric Boat a $21.5 million contract modification for work on Trident ballistic-missile submarines, and a $42 million contract modification for a Selected Restricted Availability (SRA) of the USS Seawolf (SSN21).

Under the terms of the first award, Electric Boat will provide engineering services, material procurement and fabrication for D-5 (Trident II) strategic-weapon system modernization. The contract being modified was initially awarded in May 1999 and could be worth more than $742 million if all options are exercised and funded. The work will be performed at Groton (54 percent); Kings Bay, Ga. (20 percent); Bangor, Wash. (18 percent); Newport, R.I. (4 percent); and Quonset Point, R.I. (4 percent), and is expected to be completed by March 2004.

Under the second award, which modifies a contract initially awarded in April, Electric Boat will execute a planned SRA of the USS Seawolf in Groton. A SRA consists of repairs, alterations, maintenance and routine work onboard the submarine; at peak times, up to 200 Electric Boat employees could be engaged in the work. Work is expected to be completed in September 2004.

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Navy awards EB $222M contract for SSGN work
(Dec. 19, 2003)

The U.S. Navy has awarded Electric Boat a $221.8 million contract modification to convert the USS Ohio (SSBN726) from a Trident ballistic-missile submarine to a Trident SSGN, a multi-mission submarine optimized for tactical strike and special-operations support. The modification also will fund planning activities and the manufacture of long-lead-time materials required for the conversion of two other Trident SSBN submarines to Trident SSGNs.

This award modifies a five-year, $443 million contract announced in September 2002 for design and related support work to convert the first four Trident ballistic-missile submarines to an SSGN configuration. If all options are exercised and funded, the contract will be worth a total of $833 million.

Under the terms of the modification, Electric Boat will continue the conversion of USS Ohio (SSBN726) at Puget Sound Naval Shipyard in Bremerton, Wash., concurrent with the ship's Engineered Refueling Overhaul. Additionally, the modification provides for conversion installation planning and long-lead-time material for the future conversions of the USS Michigan (SSBN727) at Puget Sound and USS Georgia (SSBN729) at Norfolk Naval Shipyard in Portsmouth, Va. This work includes planning and coordinating the conversion activities, developing and managing conversion work packages, and providing material control for items stored at the shipyard. The long-lead-time manufacturing effort includes material acquisition, manufacturing, inspection, test and storage.

Work will be performed in Quonset Point, R.I. (43 percent), Bremerton, Wash. (41 percent), Groton (14 percent), and Portsmouth, Va. (2 percent), and is expected to be completed by September 2007.

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EB president announces three key staff appointments
(Dec. 16, 2003)

EB President John Casey today announced three key appointments to his executive staff.

Frederick J. Harris has been promoted to senior vice president - Programs. "This move is in recognition of Fred's outstanding contributions and performance in generating new business opportunities for EB," said Casey. "Fred's new position will enable him to make even more significant contributions to the company's success." A 26-year EB veteran, Harris is responsible for directing all activities associated with the company's major programs.

Harris has a bachelor's degree in marine engineering from Maine Maritime Academy and an MBA from Babson College.

John V. Leonard Jr., most recently the company's vice president - Finance, has been appointed chief financial officer, with responsibility for EB's financial operations, contracts and estimating, information technology, and ethics. "John has contributed significantly to the financial performance of Electric Boat and provides valuable strategic insights into the day-to-day operations for the company," said Casey.

Leonard, a 25-year EB veteran, holds a bachelor's degree in finance from the University of Rhode Island and an MBA from Columbia University.

Retired Rear Adm. John B. Padgett has joined the company as vice president - Submarine Life Cycle Support. He is responsible for capturing new business associated with life-cycle support for commissioned vessels, including technical-services support, strategic weapons systems and engineering/logistics support. Padgett was commander - Submarine Group Two in Groton, Conn., from 1998 through 2001, and most recently served as commander - Submarine Force, U.S. Pacific Fleet. He retired earlier this year after a distinguished 34-year career.

Padgett graduated from the U.S. Naval Academy with a bachelor's degree in mechanical engineering, and earned a master's degree in engineering science and mechanics from Georgia Institute of Technology.

"I'm excited about the addition of John Padgett to our team," Casey said. "His submarine operational experience provides us with additional perspective supporting our transition into submarine life-cycle support."

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Navy awards EB $30M contract modification for SSGN work
(Dec. 12, 2003)

The U.S. Navy has awarded Electric Boat a $30 million contract modification for planning activities and manufacturing long-lead-time materials required for the conversion of Trident SSBN submarines to Trident SSGNs, multi-mission submarines optimized for tactical strike and special-operations support.

This award modifies a five-year, $443 million contract announced in September 2002 for design and related support work to convert the first four Trident ballistic-missile submarines to an SSGN configuration. If all options are exercised and funded, the contract will be worth a total of $654 million.

Under the terms of the modification, Electric Boat will continue to facilitate the conversion of USS Florida (SSBN728) at Norfolk Naval Shipyard in Portsmouth, Va., which includes planning and coordinating the conversion activities, developing and managing conversion work packages, and providing material control for items stored at the shipyard. The long-lead-time manufacturing effort includes material acquisition, manufacturing, inspection, test and storage.

Work will be performed in Groton (21 percent); Portsmouth, Va. (19 percent); and Quonset Point, R.I. (60 percent), and is expected to be completed by March 2005.

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Employees again meet incentive goal, will receive $500 checks
(Dec. 11, 2003)

Electric Boat employees will receive $500 incentive checks (minus applicable withholdings) on Monday as a result of the company reaching its Earned Hours goal for 2003.

"The efforts made by each employee throughout the year were the key to our strong financial performance," said President John Casey. "The Earned Hours program will enable our employees to realize a significant monetary reward that's directly connected to their hard work and commitment to our customer and product."

The Earned Hours program was initiated in 2000 to give employees a personal and financial stake in the company's overall performance.

"Our members are happy to have contributed to another good year at Electric Boat," said MDA-UAW President John Worobey. "Everyone benefits when the employees and the company have the same the goal."

"The Earned Hours program is an effective incentive," said MTC President Ken DelaCruz. "It allows our members to share in the company's good fortune - which they as employees contributed to."

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Employees, EB pledge a record $1.5 million to regional charities
(Dec. 9, 2003)

Electric Boat employees and the company have combined to pledge a record total of $1.5 million for regional health and human-services agencies.

The amount pledged during the EB Employees Community Services fall campaign represents an increase of $146,000 over what was collected in the previous fund drive.

Of the total raised, $1.2 million will be donated to the United Way of Southeastern Connecticut. This includes a $300,000 contribution from Electric Boat. The remainder of the $1.5 million will be allocated to other United Ways and charitable organizations where EB employees live.

The leaders of this year's Community Services drive - MTC President Ken DelaCruz, MDA-UAW President John Worobey and EB VP Bob Nardone - attributed the success of the effort to the campaign volunteers from the MTC, MDA-UAW and salaried ranks. This year's participation rate hit 80 percent. In addition, EB membership in United Way's Spinnaker Club - givers of $1,000 or more - increased by 67 to 230 employees.

"This is an outstanding achievement," said EB President John Casey. "It's a real tribute to our employees, who dig deep into their pockets year after year to help the people in our communities who need it most. I want to express my appreciation to each employee who made this year's campaign such a success."

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Balerna is promoted to new controller post
(Dec. 5, 2003)

Carol A. Balerna has been promoted to the new position of controller. She reports to John Leonard, VP of Finance.

In her assignment, Balerna will continue to be responsible for financial analysis and corporate financial reporting, overhead and capital budgeting, forward pricing rates, cash management, and facilities financial management.

Her new responsibilities include accounting, payroll and timekeeping, accounts payable, compliance, audit liaison, Quonset Point financials and AMSEA finance. Balerna also will oversee Securities and Exchange Commission compliance, and will implement the requirements of the Sarbanes-Oxley Act.

In announcing her promotion, EB President John Casey described Balerna as one of the company's key executives, with strong credentials and an in-depth understanding of all financial aspects of the business.

Balerna joined Electric Boat in 1987 as a senior subcontract auditor. Since then, she has held positions of increasing responsibility, including chief of subcontract audit, manager of financial analysis and, most recently, director of finance.

She graduated from Bryant College with a BS degree in business and a concentration in accounting, and earned an Executive MBA from the University of Rhode Island. She is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

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EB awarded $10.4M contract mod for submarine work
(Dec. 1, 2003)

The U.S. Navy has awarded Electric Boat a $10.4 million contract modification for nuclear submarine work.

Under the terms of the award, Electric Boat will provide design, engineering, material and logistics support for the Trident program, the two operational Seawolf-class submarines, NR-1, and efforts supporting Los Angeles-class ships. Electric Boat will also provide planning, scheduling and technical support for submarine maintenance activities. The contract being modified was initially awarded in May 1999 and could be worth more than $742 million over five years if all options are exercised and funded.

The work will be performed at Groton (53 percent); Bangor, Wash. (25 percent); Kings Bay, Ga. (18 percent); Newport, R.I. (3 percent); and Quonset Point, R.I. (1 percent). Work performed under the modification is expected to be completed by March 2004.

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EB gets Multi-Award Contract for future maintenance work
(Nov. 21, 2003)

The U.S. Navy has awarded Electric Boat a Multi-Award Contract (MAC) to perform future submarine maintenance work.

The MAC approach enhances the Navy's flexibility and responsiveness to changes in its submarine maintenance requirements by enabling the negotiation of general terms and conditions in advance, reducing the amount of time that would be spent on individual negotiations. Additionally, this approach enables Electric Boat to submit its proposals on a shortened-lead-time basis, promoting increased timeliness and cost efficiency. Electric Boat is one of two prime contractors to receive the award.

The contract runs from FY04 to FY08 and applies to future submarine availabilities, including Selected Restricted Availabilities, Interim Dry Dockings, and Depot Modernization Periods. There is not a specific monetary value assigned to the contract, or a specific level of maintenance work.

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Navy awards EB $6.6M to operate drydock
(Oct. 27, 2003)

The U.S. Navy has awarded Electric Boat a $6.6 million contract modification to continue operating the Shippingport drydock (ARDM-4) at Naval Submarine Base New London.

The award modifies a five-year contract announced in July 2002, which has a total potential value of $34.6 million if all options are exercised. Under the contract, Electric Boat manages, operates and maintains the Shippingport drydock, which is used to lift submarines out of the water for repairs.

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EB receives $23M for UK Astute-class submarine work
(Oct. 23, 2003)

Electric Boat has received a $23 million contract modification to provide design assistance in the development and production of the Astute-class nuclear attack submarine for the British Royal Navy.

The award modifies a contract initially announced in March and brings the total value of the work to $52.7 million. Under the contract, Electric Boat will provide the resources required to complete timely, high-quality drawing outputs to support the production program of the Astute-class submarines. Ninety percent of the work will be performed in Groton; the remainder will be done in Barrow-in-Furness, Cumbria, UK.

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EB awarded $5M contract mod for Navy nuclear work
(Oct. 22, 2003)

The U.S. Navy has awarded a $5 million modification to a previously awarded contract under which Electric Boat will manage and support nuclear-maintenance work for submarines homeported at Naval Submarine Base New London.

The award modifies a five-year, $89.3 million contract initially awarded in March 2001. Under the terms of the contract modification, 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 in support of operational submarines. A core group of 27 Electric Boat employees is assigned to the NRMD, with surge groups of up to 60 shipyard employees for short periods. Some additional work will be performed at the Groton shipyard. If all options are exercised, Electric Boat would operate the NRMD through September 2005.

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Navy awards EB $14.4M submarine engineering contract
(Oct. 3, 2003)

The U.S. Navy has awarded Electric Boat a $14.4 million contract modification for submarine engineering and life-cycle support work.

The award modifies a five-year, $13.4 million contract announced in October 2001. Under the terms of the contract, Electric Boat will perform reactor plant planning yard services; all work will be performed at Groton. If all options are exercised and funded, the contract would be worth up to $79.8 million.

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John P. Casey is named EB president; Peter J. Halvordson is named VP - operations
(Oct. 1, 2003)

The board of directors of General Dynamics today named John P. Casey, 48, president of Electric Boat and a vice president of General Dynamics. Casey succeeds and will report to Michael W. Toner, who was appointed executive vice president of General Dynamics' Marine Systems group in March and has continued to serve as president of Electric Boat since then.

Peter J. Halvordson, Electric Boat's Seawolf-Class program manager, has been named to succeed Casey as vice president - operations.

Casey joined Electric Boat in 1979 and has held several positions including vice president - programs; site manager for Electric Boat's Quonset Point facility; general superintendent - machine shop, foundry and electrical trades; director of estimating and contract changes; manager of Los Angeles-Class Ships Management; SSN751 ship's manager; and superintendent - pipe coverers.

"John is the consummate shipbuilder," said Toner. "He has excelled in a variety of key construction, program management and finance assignments, giving him a deep appreciation of the company, its people and their capabilities. Throughout his tenure at Electric Boat, John has demonstrated his commitment to excellence as well as playing a key role in the establishment of the company's strategic direction. And no one is more committed to worker safety and workforce development. I have the utmost confidence in John's ability to lead Electric Boat into the future."

Casey is a 1976 graduate of Worcester Polytechnic Institute, where he earned a BS in Civil Engineering. Casey also holds an MBA from Rensselaer Polytechnic Institute and an MS - Management from the Massachusetts Institute of Technology's Alfred P. Sloan Fellows Program. He and his wife, Deirdre, live in Westerly, R.I. They have two children, both in college.

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Navy awards EB $10M for submarine maintenance planning
(Sept. 26, 2003)

The U.S. Navy has awarded Electric Boat a $10 million contract modification to continue planning and material procurement in support of the USS Springfield (SSN761) depot modernization period (DMP).

The award modifies a $16.3 million contract announced in February 2003. Under the terms of the contract, Electric Boat is performing engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations, maintenance and routine work onboard the submarine. The total value of the maintenance planning contract is $26.3 million.

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EB awarded $43.5M for Virginia-class R&D
(Sept. 22, 2003)

The U.S. Navy has awarded Electric Boat a $43.5 million contract modification for research and development work on the Virginia-class submarine program.

This award modifies a five-year, $78 million contract announced in September 2000 that will be worth $480 million if all options are exercised and funded. Under the terms of this modification, Electric Boat will perform development studies for Virginia-class design improvements, and will continue to evaluate new technologies for insertion into succeeding Virginia-class submarines. Work will be performed in Groton (94 percent), Quonset Point, R.I. (5 percent), and Newport, R.I. (1 percent), and is expected to be completed by September 2004.

Electric Boat, teamed with Northrop Grumman Newport News, has contracts worth a total of $12.8 billion to build the first 10 ships of the class. Electric Boat will deliver the lead ship, Virginia (SSN774), in 2004.

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Navy awards EB $34M for SSGN conversion work
(Sept. 16, 2003)

The U.S. Navy has awarded Electric Boat a $34 million contract modification to plan and facilitate the conversion of Trident SSBN submarines to Trident SSGNs, multi-mission submarines optimized for covert strike and special operations support.

This award modifies a five-year, $443 million contract announced in September 2002 for design and related support work to convert the first four Ohio-class ballistic-missile submarines to an SSGN configuration. If all options are exercised and funded, the contract will be worth a total of $654 million.

Under the terms of the contract modification, Electric Boat will establish on-site teams to facilitate the conversion of USS Ohio (SSBN726) at Puget Sound Naval Shipyard in Washington and USS Florida (SSBN728) at Norfolk Naval Shipyard in Virginia. Working with both naval shipyards, Electric Boat will plan and coordinate the conversion work, develop and manage related work packages, and provide material control.

Work will be performed at Groton, Conn. (36 percent); Norfolk, Va. (25 percent); Puget Sound, Wash. (24 percent) and Quonset Point, R.I. (15 percent). Completion of this aspect of the conversion work is expected by April 2004.

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EB awarded $39.5M contract modification for submarine R&D
(Sept. 9, 2003)

The U.S. Navy has awarded Electric Boat a $39.5 million contract modification for submarine research and development.

The award modifies a contract originally announced in March 2000 which, if all options are exercised and funded, has a total potential value of $138 million over six years. Under the terms of the modification, Electric Boat will perform research and development work on Seawolf- and Virginia-class submarines. The work is scheduled to be completed in September 2005.

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Navy awards EB $8.7B contract for six Va.-class submarines
(Aug. 14, 2003)

The U.S. Navy has awarded Electric Boat an $8.7 billion block-buy contract for the construction of six Virginia-class submarines, the largest submarine order in U.S. history.

The contract authorizes Electric Boat, the lead shipyard, and its teammate, Northrop Grumman Newport News, to proceed with the construction of one ship per year from FY 03 through FY 06, and two ships in FY 07.

“This is an extremely significant contract award,” said Michael W. Toner, president of Electric Boat and executive vice president of General Dynamics Marine Systems group. “The two shipyards now will have the stable workload required for increased production efficiencies, which will benefit the Navy, the Department of Defense and the U.S. taxpayer. We’ll also be providing the Navy a class of nuclear submarines with the capabilities to guarantee our nation’s undersea superiority well into the 21st century.”

“The positive impact to the industrial base and to our ability to provide the Navy with the most capable and cost efficient platform is significant,” said Tom Schievelbein, president of Northrop Grumman Newport News. “Stability is key to reducing costs, and this contract award will greatly enhance the stability of the Virginia-class program.”

Electric Boat will christen the lead ship of the class, Virginia (SSN774), Aug. 16 and deliver it to the Navy in 2004. Three other ships are currently under construction.

The contract could transition to a multiyear agreement for seven ships from FY 04 through FY 08 – including two submarines in FY 08 – contingent upon congressional approval of the multiyear approach. The FY 03 submarine would not be included in the multiyear contract. Altogether, up to eight submarines could be procured from FY 03 through FY 08.

The multiyear arrangement is expected to produce savings to the government of more than $1 billion on the submarines to be authorized through FY 08.

A multiyear contract would enable Electric Boat to purchase materials, parts and components for multiple ships at one time, achieving significant economies of scale. Under the block-buy approach, the company buys what it needs to build one ship at a time.

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Virginia, nation's most advanced submarine, to be christened Sat.
(Aug. 12, 2003)

Electric Boat will christen the Virginia (SSN774), the U.S. Navy's newest and most advanced nuclear attack submarine, at a ceremony at its Groton, Conn., shipyard Saturday, Aug. 16, at 11 a.m.

Ship sponsor is Lynda Johnson Robb, daughter of former President Lyndon B. Johnson and Lady Bird Johnson, and the wife of former U.S. Sen. Charles S. Robb (D-Va.). The event's principal speaker is U.S. Sen. George Allen (R-Va.). Capt. David J. Kern, a 1981 graduate of the U.S. Naval Academy, is the ship's commanding officer.

The Virginia is the first U.S. submarine designed to satisfy the requirements of regional and near-land missions in the post-Cold War era. Unobtrusive, non-provocative and connected with land, air, sea and space-based assets, Virginia-class submarines will be equipped to wage multi-dimensional warfare in the farthest reaches of the globe, providing the U.S. Navy with continued dominance in coastal waters or the open ocean.

Designed by Electric Boat, the Virginia class is being built jointly under a teaming arrangement between Electric Boat and Northrop Grumman Newport News in Virginia. In 1998, the U.S. Navy awarded a $4.2 billion contract for the construction of the first four ships of the class.

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Lead Virginia-class submarine prepares for Aug. 16 christening
(Aug. 4, 2003)

The Navy's newest and most advanced nuclear attack submarine, Virginia (SSN774), moved outdoors for the first time Saturday at Electric Boat's Groton, Conn., shipyard.

With a length of 377 feet, a beam of 34 feet and a displacement of 7,800 tons, the Virginia is the first U.S. submarine designed to satisfy the requirements of regional and near-land missions in the post-Cold War era. The ship is also designed with a reactor plant that will not require refueling during the planned life of the ship - reducing life-cycle costs while increasing underway time.

Unobtrusive, non-provocative and connected with land, air, sea and space-based assets, Virginia-class submarines will carry payloads that include special operations forces; unmanned undersea vehicles; mini-submarines to transport special operations personnel; and 38 weapons (torpedoes and Tomahawk cruise missiles). These capabilities will provide the U.S. Navy with continued dominance in coastal waters or the open ocean.

Designed by Electric Boat, the Virginia class is being built jointly under a teaming arrangement between Electric Boat and Northrop Grumman Newport News in Virginia. In 1998, the U.S. Navy awarded a $4.2 billion contract for the construction of the first four ships of the class. Virginia is the first of these.

Virginia will be christened at a shipyard ceremony Saturday, Aug. 16, at 11 a.m.

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Metal Trades Council ratifies new 63-month labor agreement
(July 24, 2003)

Members of the Metal Trades Council voted Wednesday to accept a new 63-month labor agreement with Electric Boat. The final tally was 1,381 to 948.

The new contract, effective Aug. 1, 2003, through Nov. 7, 2008, was approved by the rank and file after leaders from the MTC and EB announced last week that they had reached a tentative agreement following a month-long negotiating period.

Among the highlights are $1,000 signing bonuses, to be paid Aug. 8; 4 percent general wage increases effective Nov. 2, 2003, and Oct. 31, 2004; a 3.5 percent increase effective Oct. 30, 2005; and 4 percent increases effective Oct. 29, 2006, and Oct. 28, 2007. Additionally, the pension benefit will increase from $41 a month per year of service to $49 a month per year of service over the term of the contract.

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Navy awards EB $7M for Augusta maintenance planning
(July 11, 2003)

The U.S. Navy has awarded Electric Boat a $7 million contract to begin advanced planning for maintenance, repair and alterations on the USS Augusta (SSN710).

The work to be performed on the Augusta - known as an Interim Dry Docking - will be completed at Electric Boat from Nov. 4, 2003, through March 19, 2004. The total value of this work will be $34 million.

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EB awarded $10M contract modification for Navy nuclear work
(June 20, 2003)

The U.S. Navy has awarded a $10 million modification to a previously awarded contract under which Electric Boat will manage and support nuclear maintenance work for submarines homeported at Naval Submarine Base New London.

The award modifies a five-year, $39.9 million contract awarded in March 2001. Under the terms of the contract modification, 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 in support of operational submarines. A core group of 27 Electric Boat employees is assigned to the NRMD, with surge groups of up to 60 shipyard employees for short periods. Some additional work will be performed at the Groton shipyard. If all options are exercised, Electric Boat would operate the NRMD through September 2005.

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EB awarded $5.9M contract option for Virginia-class repair parts
(June 9, 2003)

The U.S. Navy has awarded Electric Boat a $5.9 million contract option for advance procurement of on-board repair parts for the first four submarines of the Virginia Class.

The option is part of a $4.2 billion contract the Navy awarded Electric Boat in 1998 for the construction of the first four ships of the class.

The work will be shared between Electric Boat (55 percent) and Northrop Grumman Newport News (45 percent), Electric Boat's teammate in the Virginia-class construction, and will be completed by December 2007.

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Navy awards EB $24 million for SSGN conversion work
(May 27, 2003)

The U.S. Navy has awarded Electric Boat a $24 million contract modification to procure and manufacture long-lead-time material for the Trident SSGN, a multi-mission submarine optimized for covert strike and special operations support.

This award modifies a five-year, $436 million contract, awarded in September 2002, for the detailed design and related support work to convert the first four Ohio-class ballistic-missile submarines (also known as Tridents) to an SSGN configuration. If all options are exercised and funded, the contract will be worth a total of $596 million.

The submarines to be converted, coincident with their mid-life refuelings, are USS Ohio (SSBN726), USS Michigan (SSBN727), USS Florida (SSBN728) and USS Georgia (SSBN729). Electric Boat designed and built all 18 ships of the Ohio class.

With the capacity to carry up to 154 Tomahawk missiles and 102 Special Operations Forces personnel, SSGNs are considered prime examples of military transformation initiatives. Additionally, SSGNs will serve as platforms to develop and test new weapons systems, sensors and operational concepts that could further transform naval warfare.

The manufacturing work to be performed under the contract modification will be done in Groton, Conn. (18 percent), and Quonset Point, R.I. (82 percent).

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EB's Shipway named president of Bath Iron Works
(April 28, 2003)

General Dynamics today announced the appointment of John F. "Dugan" Shipway, 60, as president of Bath Iron Works, reporting to Michael W. Toner, executive vice president of General Dynamics Marine Systems group. Shipway succeeds Allan C. Cameron, 57, who has announced his retirement. Cameron had been president of Bath Iron Works since 1996.

"Allan Cameron carried on the long shipbuilding tradition of 'Bath-built is best-built,'" said Nicholas D. Chabraja, General Dynamics chairman and CEO. "He recognized that great shipbuilders need modern tools. Through the development and construction of the new land-level facility, he brought Bath Iron Works into shipbuilding's 21st century," said Chabraja. "We thank him for his contributions, and wish him all the best in retirement."

"Bath Iron Works makes the best surface combatants in the world," said Cameron. "It has been my great pleasure to work with a talented group of people. I leave Bath with deep pride and confidence in the workforce, knowing that the ships we built together will serve the Navy well for decades to come."

Shipway, who retired from the U.S. Navy as a rear admiral after 35 years of service, joined General Dynamics Electric Boat in July 2000 as special assistant to the president. He was later named EB's vice president of Submarine Full Service Support.

"Dugan Shipway is a natural choice for this very important assignment, and I have great confidence that Bath Iron Works will thrive under his leadership," said Chabraja. "He is a strong and capable manager, and he is committed to quality, efficiency and productivity. Dugan will make sure that this great shipyard meets its enormous potential."

Before retiring from the Navy in 2000, Shipway served in a succession of high-level posts. These included director of Strategic Systems Programs; commander of the Naval Undersea Warfare Center; deputy commander for submarines at Naval Sea Systems Command; program executive officer for submarines; and direct reporting program manager for the Seawolf program.

Shipway earned a bachelor's degree in chemical engineering and a master's degree in engineering, both from the University of Louisville.

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Medrzychowski named director of nuclear projects, repair engineering
(April 25, 2003)

Ron Medrzychowski has been appointed director of nuclear projects and repair engineering, reporting to Rick Geschrei, VP - Nuclear, Overhaul and Repair.

Medrzychowski has been an Electric Boat employee for more than 27 years, holding positions of increasing responsibility within the engineering organization. In his new assignment, he will have overall responsibility for all activity associated with nuclear engineering for repair work; all reactor plant planning yards; construction engineering for repair work; construction engineering support for Seawolf-class propulsion plants; Trident- and Seawolf-class propulsion plant design and fleet support; as well as prototype support at Kesselring Site Operation (KSO).

Reporting to Medrzychowski will be the following engineering managers: Mark Zecco (Trident/Seawolf Nuclear Projects); Ben Gillis (Maintenance and Repair Construction Engineering); Dave Kompare (Nuclear Engineering); and Glenn Mortoro (Reactor Plant Planning Yard).

Medrzychowski earned a BS degree from Worcester Polytechnic Institute, where he majored in mechanical engineering.

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Serpa named director of manufacturing at Quonset Point facility
(April 17, 2003)

Arthur Serpa has been named director of manufacturing at Electric Boat's Quonset Point, R.I., facility, reporting to John Holmander, site manager. In this new position, he will be responsible for overseeing all activities in manufacturing areas, including the Machine Shop, Pipe Shop, Electrical Shop, Sheetmetal Shop and Steel Fabrication, as well as continuing to manage all Planning activities throughout Quonset Point.

He joined EB in 1975 as a machinist and has held positions of increasing responsibility as a supervisor, general foreman and superintendent, in addition to his most recent position, manager of planning and production control.

In addition to the many roles he has served at EB, Serpa has also earned his bachelor’s and master’s degrees in Industrial Technology from Rhode Island College.

“In his more than 27 years of service and numerous assignments, Arthur has proven to be an extremely valuable member of the Quonset Point team,” said Holmander. “Speaking on behalf of my entire staff, we wish Art the best of luck in his new position.”

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EB awarded $15.4M contract modification for submarine work
(April 15, 2003)

The U.S. Navy has awarded Electric Boat a $15.4 million contract modification for nuclear submarine work.

Under the terms of the award, Electric Boat will provide design, engineering, material and logistics support for the Trident program, the Trident UK program, the two operational Seawolf-class submarines, NR-1, and efforts supporting Los Angeles-class ships. Electric Boat will also provide planning, scheduling and technical support for submarine maintenance activities. The contract being modified was initially awarded in May 1999 and could be worth more than $742 million over five years if all options are exercised and funded.

The work will be performed at Groton (89 percent); Kings Bay, Ga. (6 percent); and Quonset Point, R.I. (5 percent). Work performed under the modification is expected to be completed by September 2003.

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Navy awards EB $7.1M for Seawolf maintenance planning
(April 15, 2003)

The U.S. Navy has awarded Electric Boat a $7.1 million contract for planning in support of the USS Seawolf (SSN21) selected restricted availability (SRA).

Under the terms of the contract, Electric Boat will perform advance planning, design, and documentation in preparation for the SRA, which is scheduled to be performed at the Groton shipyard from February to September 2004. An SRA consists of repairs, alterations, maintenance and routine work onboard the submarine. If all options are exercised and funded, the total value of the work will be $53.9 million. At peak times, up to 200 Electric Boat employees could be engaged in the work.

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EB to work with BAE Systems on U.K.'s Astute-class program
(April 11, 2003)

In an agreement that will help utilize the company's design and engineering expertise, Electric Boat will provide design assistance to BAE SYSTEMS, the U.K. firm engaged in the development and production of the Astute-class nuclear attack submarine for the Royal Navy.

According to Larry Runkle, EB's program manager for the Astute project, up to 10 designers and engineers will be assigned to BAE SYSTEMS' Barrow-In-Furness shipyard for a period of approximately two years. Runkle reports to Fred Harris, VP - Programs. Brian Wilson will be EB's site manager at the UK yard. At the same time, representatives from BAE SYSTEMS and the U.K. Ministry of Defence will be on-site at EB to support this effort.

Additionally, said Runkle, a number of designers will complete 10-week assignments in Barrow, where they will be familiarized on BAE SYSTEMS' computer-aided design system and produce initial output drawings to support critical construction needs.

When they return to Groton, these employees will assist in familiarizing the main body of EB designers with BAE SYSTEMS' design system and methods. EB will provide the resources required by BAE SYSTEMS to complete timely, high-quality drawing outputs to support the production program of the Astute-class submarines.

"This is important work for Electric Boat," said EB President Mike Toner. "It allows effective utilization of our engineering and design workforce, and enables us to work with BAE SYSTEMS and the Royal Navy in the production of their next-generation attack submarine. EB has had a long and strong relationship with our counterparts in the U.K. and this job will further solidify that bond."

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Navy awards EB $59.2M for Virginia-class work
(April 3, 2003)

The U.S. Navy has awarded Electric Boat a $59.2 million contract modification for Virginia-class submarine lead-yard services.

The award modifies a $75 million contract initially announced in September 2000. If all options are exercised and funded, the five-year contract will be worth about $500 million.

Under the terms of the contract, Electric Boat will maintain, update and support the Virginia-class design and related drawings and data for each submarine, including technology insertion, throughout its construction and post-delivery maintenance period. Electric Boat will also provide all engineering and related services for maintenance and support of Virginia-class ship specifications. The work is expected to be completed by April 2004.

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Forney, Thaxton named to new positions
(March 21, 2003)

Two veteran members of EB’s management team have received new assignments in Operations and Nuclear, Overhaul and Repair.

Deneen R. Thaxton has been named director of process and manufacturing engineering, reporting to John Casey, VP - Operations; R. Scott Forney has been appointed overhaul and repair program manager, reporting to Rick Geschrei, VP - Nuclear, Overhaul and Repair.

In her new job, Thaxton will be responsible for helping functional organizations streamline their processes to improve performance on the backlog and obtain new business. Thaxton will also oversee the consolidation of manufacturing engineering and accuracy control to increase efficiency and sharpen the company’s focus on manufacturing process engineering.

She joined EB in 1983 and has held positions of increasing responsibility in nuclear construction engineering, acoustics, Virginia-class engineering, advanced concepts, and nuclear projects and repair engineering. She earned a BS degree in mechanical engineering from the Florida Institute of Technology and has done postgraduate work in mechanical engineering and business administration.

In his assignment, Forney will direct the management of all ship maintenance and repair work at Groton, the submarine base and offsite locations.

Following his graduation from the U.S. Merchant Marine Academy, where he earned a BS degree in marine engineering, Forney joined EB’s Career Development Program in 1985. Since then he has completed assignments as an engineering team leader, ship superintendent as well as in various engineering management positions. Most recently, he was director of advanced power systems, concepts and programs.

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Navy awards EB $17.2 million for Seawolf R&D
(March 19, 2003)

The U.S. Navy has awarded Electric Boat a $17.2 million contract modification for research and development work on Seawolf-class submarines.

The award modifies a $30.6 million contract initially awarded in March 2000. If all options are exercised and funded, the five-year contract will be worth $138 million.

Under the terms of the contract, Electric Boat will undertake studies relating to design improvements, systems engineering integration, logistics engineering and production engineering in support of the Seawolf program. The work will be performed in Groton.

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GD appoints Toner executive VP of Marine Systems group; Welch retires
(March 14, 2003)

General Dynamics today announced the appointment of Michael W. Toner, 59, as executive vice president of the Marine Systems group, reporting to the chairman and CEO. He succeeds John K. Welch, who has announced his retirement; Welch had led the Marine Systems group since January 2000. Toner will also continue in his present position as president of General Dynamics Electric Boat.

"John Welch served General Dynamics with energy and skill, and we wish him well in his retirement," said Nicholas D. Chabraja, General Dynamics chairman and CEO.

"Mike Toner has the operational experience to ensure that Marine Systems delivers value to our shareholders, and ships of the superb capability and quality that our customers expect," Chabraja said. "Our Marine Systems group has a backlog of almost $12 billion, which gives it great stability and strength. Mike has a broad background in all phases of naval shipbuilding, and I have great confidence in his ability to make sure that Marine Systems achieves its great potential."

Toner became a vice president of General Dynamics and president of Electric Boat in January 2000; he had been senior vice president of Electric Boat since June 1998.

He joined Electric Boat in 1965 as a test engineer. Over the next 25 years, he held several management positions, including manager of Reactor Services. In 1990, he was appointed Electric Boat's director of operations and directed all production, planning and support activities from the start of construction to the ship's delivery. He was promoted to vice president of operations two years later. In 1994, he was appointed vice president of delivery and was responsible for all production, delivery and support activities. In 1995, he became vice president of innovation, with responsibility for all engineering and design activity.

Toner earned a bachelor's degree in nuclear science from the New York Maritime College, , a master's degree in engineering from the University of Connecticut, and a master's degree in business administration from the University of New Haven.

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EB awarded $17.4M for work on Jimmy Carter (SSN23)
(Feb. 25, 2003)

The U.S. Navy has awarded Electric Boat a $17.4 million contract modification to perform additional testing and development work on the Jimmy Carter (SSN23).

This award modifies an $886 million contract, initially awarded in December 1999, that will allow the submarine to accommodate advanced technology for naval special warfare, tactical surveillance and mine-warfare operations.

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Navy awards EB $16M contract for submarine maintenance planning
(Feb. 18, 2003)

The U.S. Navy has awarded Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN761) depot modernization period (DMP).

Under the terms of the contract, Electric Boat will perform advance planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations, maintenance and routine work onboard the submarine. If all options are exercised and funded, the planning contract would be worth $26.3 million.

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EB awarded $51M contract modification for submarine work
(Jan. 15, 2003)

The U.S. Navy has awarded Electric Boat a $51 million contract modification for nuclear submarine work.

The contract was initially awarded in May 1999 and could be worth more than $742 million over five years if all options are exercised and funded. Under the terms of the modification, Electric Boat will provide design, engineering, material and logistics support for the Trident program, the Trident UK program, the two operational Seawolf-class submarines, NR-1, and efforts supporting Los Angeles-class ships. Electric Boat will also provide planning, scheduling and technical support for submarine maintenance activities.

Sixty percent of the work will be performed at Groton; 18 percent at Bangor, Wash.; 11 percent at Kings Bay, Ga.; 6 percent at Newport, R.I.; and 5 percent at Quonset Point, R.I. Work performed under the modification is expected to be completed by September 2003.

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MTC members to get $200 safety award
(Jan. 15, 2003)

Members of the Metal Trades Council will receive $200 checks on Friday, minus applicable withholdings, for attaining an Operations/MTC lost-workday injury rate (LWIR) of 3.4 in 2002. Also to be rewarded for their safety performance are the company's Security officers, who ended the year without a single lost-workday injury and who will receive $150, less withholdings.

The 2002 LWIR goal for Groton Operations/MTC employees was established at 4.0. MTC members will receive $150 for meeting the goal, plus an extra $50 because their year-end rate was more than a half-point lower.

The company and MTC agreed to the safety incentive in 2002 - the fifth year of the program - in an effort to recognize employees for taking steps to reduce the number and severity of their on-the-job injuries.

"There's been a clear effort on the part of employees to work more safely," said David Crowell, chief of safety. "This has been accomplished through increased awareness and by maintaining a cleaner work environment where hazards are less prevalent."

Crowell said while the year-end safety statistics were better than the company had been shooting for, "we shouldn't rest on our laurels. It was a good year for safety, but with 201 lost-workday injuries company-wide for the year, there's still plenty of room for improvement."

Operations VP John Casey congratulated shipyard employees for their continued reduction in injuries in 2002. "We're thrilled with the numbers, because fewer injuries means that more of our employees not only remain productive, but more importantly, they go home healthy at the end of the day," he said. "We expect everyone to make safety the No. 1 priority in 2003."

MTC President Kenneth DelaCruz praised his membership and the MTC Safety Committee for their safety performance, saying they've worked hard to come in under the goal. "All our members take safety seriously, and it's good to know the company is willing to reward them for it."

To be eligible for the award, bargaining-unit employees must have worked a minimum of 500 hours (excluding absences) during 2002 and must have been on the payroll as of Dec. 1, 2002. Bargaining-unit employees who retired before Dec. 1, 2002, and worked at least eight hours during the year will also receive the award. The same qualifications apply to the Security officers for their award.

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