2005 - Press Release Archives

Navy awards EB $15.5M for Post-Shakedown work on USS Virginia
(Dec. 22, 2005)

EB donates $10,000 to Dolphin Scholarship Foundation
(Dec. 21, 2005)

EB awarded $77M contract modification for submarine support
(Nov. 18, 2005)

Casey reorganizes top management structure
(Oct. 27, 2005)

Navy awards EB $13M for submarine planning services
(Oct. 21, 2005)

EB awarded $162M to convert USS Georgia to SSGN
(Oct. 17, 2005)

Robert A. Hamilton named director of communications
(Oct. 17, 2005)

Harris named president of NASSCO
(Oct. 6, 2005)

Groton employees donate $20,000 to Katrina relief effort
(Sept. 30, 2005)

Navy awards EB $6M for submarine repairs
(Sept. 26, 2005)

EB awarded $34M Navy contract for submarine maintenance, repairs
(Sept. 23, 2005)

Navy awards EB $8.4M planning contract for submarine repair work
(Sept. 21, 2005)

Angelini named director of combat and weapons systems
(Aug. 24, 2005)

Electric Boat to launch ResumeWare
(Aug. 10, 2005)

Edson to direct Conform; succeeds Malchiodi, who is retiring
(June 28, 2005)

EB awarded $20.5M for submarine technology development
(May 27, 2005)

EB awarded $5M contract mod for submarine work
(May 26, 2005)

Navy awards EB $15M contract for submarine conversion work
(May 20, 2005)

Labrecque, Nohara named to new positions
(May 9, 2005)

Navy awards EB $5.2M for modernization work on USS Connecticut
(May 2, 2005)

EB awarded $5.5M contract modification for Navy nuclear work
(April 14, 2005)

EB receives $8M for submarine modernization work
(April 7, 2005)

Navy awards EB $6M contract for submarine maintenance work
(March 18, 2005)

EB awarded $37M contract modification for submarine work
(March 15, 2005)

EB awarded $62M for maintenance work on USS Connecticut
(March 2, 2005)

Navy awards EB $61M contract mod for submarine work
(Feb. 11, 2005)

Navy awards Electric Boat $58M for submarine work
(Feb. 4, 2005)

Navy awards EB $150M contract mod for SSGN work
(Jan. 28, 2005)

EB receives $8M award for submarine modernization work
(Jan. 25, 2005)

EB awarded $5.5M contract for nuclear submarine work
(Jan. 20, 2005)

EB awarded $8.7M for SSGN material
(Jan. 11, 2005)

Navy awards EB $6.3 million contract option for sub parts
(Jan. 7, 2005)

Earned Hours goal is reached; employees will receive checks
(Jan. 5, 2005)

Navy awards EB $15.5M for Post-Shakedown work on USS Virginia
(Dec. 22, 2005)

The U.S. Navy today awarded Electric Boat a $15.5 million contract modification to perform a range of work on USS Virginia (SSN774) following its shakedown period.

The work, known as a Post-Shakedown Availability, comprises maintenance, repairs, alterations, testing and other activities and will be completed in November 2006. Ninety-nine percent of the work will be performed at Electric Boat's Groton, Conn., shipyard, and 1 percent will be performed at Quonset Point, R.I. The award modifies a contract received earlier this year and brings its total funded value to $54.8 million.

The lead ship of its class, USS Virginia is the first of the Navy's major combatants to be designed specifically for post-Cold War missions. Electric Boat has contracts to produce nine more Virginia-class ships with its construction teammate, Northrop Grumman.

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EB donates $10,000 to Dolphin Scholarship Foundation
(Dec. 21, 2005)

In lieu of sending holiday cards to employees, Electric Boat will donate $10,000 to the Dolphin Scholarship Foundation, an organization that supports children of current and former submariners.

The check will be presented to Mrs. Kristin Munns, president of the scholarship foundation and the wife of Vice Adm. Charles L. Munns, Commander - Naval Submarine Forces.

Since it was established in 1961, the foundation has awarded more than $5.8 million in scholarships to nearly 900 students pursuing their undergraduate college degrees.

“The officers and men of the Submarine Force make many sacrifices in providing security for our nation,” said Electric Boat President John Casey. “Through this donation, we can demonstrate our support for them and their families.”

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EB awarded $77M contract modification for submarine support
(Nov. 18, 2005)

The U.S. Navy has awarded Electric Boat a $77 million contract modification for nuclear submarine work.

Under the terms of the contract modification, Electric Boat will provide design agent, planning yard, engineering and technical support for nuclear submarines. Initially awarded in March 2004, the contract being modified could be worth more than $1.1 billion over five years if all options are exercised and funded.

Sixty-seven percent of the work will be performed at Groton, Conn.; 14 percent at Bangor, Wash.; 13 percent at Kings Bay, Ga.; 5 percent at Newport, R.I.; and 1 percent at Quonset Point, R.I. Work performed under this modification is expected to be completed by September 2007.

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Casey reorganizes top management structure
(Oct. 27, 2005)

Electric Boat President John Casey today introduced a new executive-staff organization and announced the appointments of three vice presidents.

Reporting to Casey will be:

  • John Holmander, vice president and Virginia-class submarine program manager.
  • Kevin Devine, vice president - submarine maintenance and modernization.
  • Kevin Poitras, vice president - engineering and design programs.

“These three business areas will be critical to Electric Boat in the near term,” said Casey. “The appointments will allow us to bring these activities into sharper focus.”

In a related move, VP John Padgett will assume responsibility for concept formulation (CONFORM), business development, strategic planning and the Washington Engineering Office.

The new assignments were triggered in part by the pending departure of Senior VP Fred Harris, who has been named president of General Dynamics' NASSCO shipbuilding subsidiary.

“The new structure will enable the executive staff to manage their areas of responsibility as individual business lines. With direct access to my office, they’ll have the ability to provide me with direct information and feedback,” Casey said.

“This streamlining will enable the company to respond in a faster, more agile way to customer requirements,” said Casey. “Enhancing our customer responsiveness is one of the keys to the success of this business in the future,” he said.

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Navy awards EB $13M for submarine planning services
(Oct. 21, 2005)

The U.S. Navy has awarded Electric Boat a $13 million contract modification for an additional year of reactor plant planning yard services.

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EB awarded $162M to convert USS Georgia to SSGN
(Oct. 17, 2005)

The U.S. Navy has awarded Electric Boat a $162.4 million contract modification to convert the USS Georgia (SSBN729) from a Trident ballistic-missile submarine to an SSGN, a multi-mission submarine 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 $1.4 billion.

Under the terms of the modification, Electric Boat will convert USS Georgia at Norfolk Naval Shipyard in Virginia, concurrent with the ship's Engineered Refueling Overhaul. Seventy-seven percent of the conversion work will be performed at Norfolk; 16 percent at Quonset Point, R.I.; and 7 percent at Groton, Conn. The conversion is expected to be completed by September 2007.

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Robert A. Hamilton named director of communications; New London Day journalist succeeds Neil Ruenzel, who is retiring
(Oct. 17, 2005)

Robert A. Hamilton, a reporter specializing in defense, the Navy and the submarine industry, has been appointed director of communications. He will report to Senior VP John Leonard.

Hamilton succeeds Neil Ruenzel, who retires Nov. 30 after a 19-year career with the company, a span making him EB’s longest-serving spokesman. "Neil has been the public face of Electric Boat, representing the company to the media and community through some of our most challenging times," said EB President John Casey. "Over these years, my staff and I have come to rely on his professional expertise, guidance and ability to perform effectively under pressure and in the glare of the media spotlight. We will miss Neil and wish him and his wife, Lynn, all the best in their retirement."

For the last 12 years, Hamilton has served as The Day's military reporter/editor, with an emphasis on the Navy, the submarine force and the submarine industry. His journalistic credentials and widely recognized knowledge have taken him on several unprecedented assignments. Hamilton is, for example, the only U.S. reporter to ride a nuclear submarine while on war patrol, and has made embarks on two lead submarines - USS Virginia (SSN774) and USS Seawolf (SSN21), another first for a journalist.

"Bob brings to his new job well-established credibility with the customer and industry, particularly Electric Boat, which he always has covered fairly and accurately," said Casey. Hamilton will be responsible for media relations, employee communications, advertising, trade shows and exhibits, special events, corporate philanthropy and community relations.

A 1978 graduate of the University of Connecticut where he earned a B.A. degree in English, Hamilton worked at the Willimantic Chronicle before joining The Day in 1987.

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Harris named president of NASSCO
(Oct. 6, 2005)

General Dynamics today announced the appointment of Frederick J. Harris as president of its NASSCO subsidiary in San Diego, Calif. He will begin his new job on Jan. 1.

“Through his energy, intellect and commitment to the customer and product, Fred has established himself as the finest program manager in naval shipbuilding,” said EB President John Casey. “His legacy at Electric Boat will be longstanding, and I’m sure his tenure at NASSCO will be just as successful.”

Harris’s replacement and other, related organizational reassignments will be announced in the near future, said Casey.

Currently serving as senior vice president for programs at Electric Boat, Harris began his career at Electric Boat in 1973. He now oversees several key design, construction and fleet support programs that include Seawolf- and Virginia-Class Submarine programs, CVNX Aircraft Carrier Design, Submarine Planning Yard and Fleet Support, and Submarine Life-Cycle Engineering.

Harris, 60, graduated from Maine Maritime Academy with a bachelor's degree in Marine Engineering. He sailed for several years in the U.S. Merchant Marine, notably aboard the U.S.-registered SS Transglobe, the most decorated American Merchant ship of the Vietnam War. He holds a Coast Guard Chief Engineer’s License of Unlimited Horsepower. In 1972, Harris earned an MBA degree from Babson College, graduating with distinction.

NASSCO is the largest industrial manufacturing company in San Diego with more than 4,000 employees. The company currently is building double-hull oil tankers for BP Shipping Company of Alaska and eight T-AKE dry cargo/ammunition ships for the U.S. Navy. Its T-AKE contract contains options for an additional four ships.

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Groton employees donate $20,000 to Katrina relief effort
(Sept. 30, 2005)

Over a three-day period earlier this month, Electric Boat's Groton, Conn., employees contributed a total of $20,000 to assist the victims of Hurricane Katrina.

Of the total, about $15,800 was directed to the General Dynamics Disaster Relief Fund. These contributions will be matched dollar for dollar by GD.

The United Way of Southeastern Connecticut’s Katrina Relief Fund and the Salvation Army each received about $2,100.

“At Electric Boat, we rise to the occasion when it matters the most to provide support for the people who need it the most,” said EB President John Casey.

“The results of this fund drive demonstrate we’re always ready and willing to dig deep into our pockets to help,” he said. “Over the years, this level of caring has become a defining characteristic of our employees. To everyone who contributed – you should be proud of what you’ve done to assist your fellow Americans in a time of great need.”

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Navy awards EB $6M for submarine repairs
(Sept. 26, 2005)

The U.S. Navy has awarded Electric Boat a $5.9 million contract modification to perform maintenance, repair and alterations on the USS Augusta (SSN710).

Known as a Pre-Inactivation Restricted Availability, the work will be performed at the Naval Submarine Base in Groton, Conn., and comprises alterations, repairs, maintenance and testing. Initially awarded Sept. 20, the contract being modified has a total potential value of $49.1 million and is scheduled for completion by April 14, 2006.

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EB awarded $34M Navy contract for submarine maintenance, repairs
(Sept. 23, 2005)

The U.S. Navy has awarded Electric Boat a $34 million contract modification to perform maintenance, repair and alterations on the USS Augusta (SSN710).

Known as a Pre-Inactivation Restricted Availability, the work will be performed at the Naval Submarine Base in Groton, Conn., and comprises alterations, repairs, maintenance and testing. Including a planning award announced Sept. 20, the contract has a total value of $43.2 million and is scheduled for completion by March 31, 2006.

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Navy awards EB $8.4M planning contract for submarine repair work
(Sept. 21, 2005)

The U.S. Navy has awarded Electric Boat an $8.4 million contract to begin advanced planning for maintenance, repair and alterations on the USS Augusta (SSN710).

The work - known as a Pre-Inactivation Restricted Availability - will be performed at the Naval Submarine Base in Groton, Conn., and will comprise alterations, repairs, maintenance and testing. The contract has a total potential value of $43.2 million, and is scheduled for completion by March 31, 2006.

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Angelini named director of combat and weapons systems
(Aug. 24, 2005)

Greg Angelini, a 22-year Electric Boat veteran, has been promoted to director of combat and weapons systems. He reports to Pete Halvordson, VP – Engineering.

In his new assignment, Angelini is responsible for non-propulsion electronic systems (NPES) development; electronic system hardware/software integration; software development (subcontractor management); electronic system test; and platform integration for government-furnished NPES.

“Greg’s extensive software-development and management background makes him exceptionally well-suited to take on the challenges of this position,” said Halvordson. “In addition to his technical skills, Greg will also provide outstanding leadership capabilities to the organization.”

Most recently, Angelini was manager of software engineering, overseeing the development of 30 shipboard systems (2 million lines of code) for Virginia-, Seawolf-, Ohio- and SSGN-class ships. He also led teams that successfully obtained Capability Maturity Models – Level 2 and Level 3, designations that reflect Electric Boat’s ability to develop computer software to stringent global industry standards.

Angelini joined the company in 1983 as a software engineer and was named supervisor of software engineering in 1989. He was promoted to manager in 1998. He graduated from the University of Connecticut with a B.S. degree in computer engineering and has published articles and delivered presentations for several corporate, industry and academic organizations.

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Electric Boat to launch ResumeWare
(Aug. 10, 2005)

In September, the Human Resources Department will launch a new job-application and resume-review software program called ResumeWare. This new application will provide improved access to EB career-opportunity listings and the capability to apply for any job online from any computer with Internet access.

Additionally, the new software will expedite hiring procedures through process improvements in job applications, application reviews, candidate selections and notification of available positions.

Internal hourly or salary employees and external candidates will be able to search and apply for EB career opportunities by using a link from the Electric Boat web site.

Employees will no longer be required to submit a Transfer Interview Request Card when applying for an internal job posting.

For those without access to a computer, kiosks will available in the Employment Office.

ResumeWare Questions and Answers

How do I apply for an open position?
Under the ResumeWare system, Electric Boat employees or outside job candidates will go to www.gdeb.com from any computer with access to the Internet. You will then click on the employment link, followed by the job search link. You can then search for open positions and apply for those jobs online. EB employees will have a direct link to positions that are only posted internally.

When can I apply for open position?
On the job from your company computer, or on your own time from your home computer. You can also use the kiosks located in employment areas.

When will this new process start?
From Aug. 1 through Sept. 6, EB employees can apply for open positions either by completing the current process (job-change form) or by filling out the candidate profile online. After Sept. 6, you will be required to apply online for any open position.

What if I don't have access to a computer?
Kiosks will be located in the employment offices at Groton and Quonset Point. You may also want to check your local library.

How will I know if my profile was submitted correctly?
If you enter an e-mail address, you will receive an e-mail confirming your submission. You'll also receive a login and password that will enable you to edit your profile or apply for other open positions.

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Edson to direct Conform; succeeds Malchiodi, who is retiring
(June 28, 2005)

Franz Edson has been named director of Submarine Concept Formulation, reporting to Fred Harris, senior VP - Programs. Edson succeeds Al Malchiodi, who is retiring after 41 years of service with Electric Boat.

In his new assignment, Edson will be responsible for managing the recently awarded Tango Bravo contracts; concept-level development and integration of submarine payloads and related support systems; ongoing and future SSGN payloads; and emergent submarine designs - including the Virginia-class Multi-Mission Module.

A 26-year company veteran, Edson has held several senior positions in both the Programs and Engineering organizations. Most recently, he was director of Combat and Weapon Systems, and before that, director of the SSN-23 MMP program. He earned a BSME degree from the University of New Hampshire and an MBA from RPI.

Malchiodi leaves Electric Boat as a nationally recognized leader in submarine concept formulation. His professional honors include the prestigious Gibbs Brothers Medal from the National Academy of Sciences and the General Dynamics Technology Excellence Award.

"For many years, Al has led the way in the development of critically important submarine technology and design with a combination of the highest degree of professionalism, even-handedness and good nature," said EB President John Casey. "We all wish Al and his wife, Tillie, a long and healthy retirement and extend our congratulations to Franz on his new job."

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EB awarded $20.5M for submarine technology development
(May 27, 2005)

Electric Boat has been awarded three contracts worth a total of $20.5 million to develop submarine technology for a joint Defense Advanced Research Projects Agency (DARPA)/U.S. Navy program.

Under the terms of the first $9.5 million contract, Electric Boat will develop and demonstrate an external weapon-launch system that can stow, communicate with and deliver an MK 48 Advanced Capability torpedo from outside the pressure hull. The second $6.3 million award calls for Electric Boat to develop and demonstrate a propulsive system that does not require a shaft to penetrate the pressure hull. The third award – worth $4.7 million – requires Electric Boat to develop technology to radically reduce ship infrastructure.

The awards are part of a four-year, $97 million DARPA/Navy program known as Tango Bravo. This program is examining certain technologies to determine whether they can meet stringent submarine performance requirements while reducing ship-acquisition and life-cycle costs and improving the warfighting capabilities and mission adaptability of future submarines. The designation Tango Bravo refers to the term technology barrier.

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EB awarded $5M contract mod for submarine work
(May 26, 2005)

The U.S. Navy has awarded Electric Boat a $5.1 million contract modification for nuclear submarine work.

Under the terms of the modification, Electric Boat will provide design services for operational research platforms and special operation submarines, including updated drawings and related configuration data. Electric Boat will also provide material required to support operational ship and shore support facilities. Initially awarded March 3, 2004, the contract could be worth more than $1.1 billion over five years if all options are exercised and funded.

Seventy-nine percent of the work will be performed in Groton, Conn.; 15 percent in Quonset Point, R.I.; 4 percent in Newport, R.I.; and 2 percent in Kings Bay, Ga. Work performed under this modification is expected to be completed by May 2008.

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Navy awards EB $15M contract for submarine conversion work
(May 20, 2005)

The U.S. Navy has awarded Electric Boat a $14.7 million contract modification to manufacture and procure long-lead-time material required for the conversion of the USS Georgia (SSBN729) Trident ballistic-missile submarine to an SSGN, a multi-mission submarine 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 $1.4 billion.

The long-lead-time manufacturing effort includes material acquisition, manufacturing, inspection, test and storage; work will be performed at Quonset Point, R.I. (89 percent); Groton, Conn. (10 percent); and Norfolk, Va. (1 percent). The conversion is scheduled to take place at Norfolk Naval Shipyard in Virginia beginning in October 2005.

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Labrecque, Nohara named to new positions
(May 9, 2005)

Steve Labrecque and Steve Nohara have been promoted to new assignments. Labrecque has been named to the newly created position of director of training, reporting to Bob Nardone, VP - HR & Administration. Nohara has been appointed Seawolf program manager, reporting to Fred Harris, senior VP - Programs.

In addition, Nohara will provide program oversight of USS Jimmy Carter (SSN23) post-delivery availabilities as well as the design integration, manufacturing and installation of the Port Payload System. He will also be responsible for the completion of the existing Multi-Mission Systems (MMS) contract and its next phase, known as In-Service Support.

In his new assignment, Labrecque will bring the company's various training functions under one organization for the first time. He will oversee Organizational and Management Development; Radiological Control worker training; Operations training; Engineering/Design training; and both the Metal Trades Council and Marine Draftsmen's Association apprentice programs.

Both individuals are members of Electric Boat's first Business Leader Group - employees selected by upper management to complete a rigorous developmental program designed to help fill the company's future leadership ranks.

"Over the course of their careers at EB and during their Business Leader Group assignments, they have consistently demonstrated their technical skills and their leadership capabilities," said Nardone. "We're confident they're the right people for these jobs, which are critical to the ongoing success of Electric Boat."

Labrecque joined EB in 1985 as a structural engineer after graduating from the University of Lowell with a B.S. in nuclear engineering. He was named supervisor of nuclear procurement quality control engineering in 1989, the same year he earned an M.S. in mechanical engineering from Rensselaer Polytechnic Institute. Most recently, Labrecque served as manager of supplier quality.

Nohara earned a B.S. degree in biomedical engineering from Duke University and an MBA from the University of New Haven. Since joining the company 25 years ago, he has held positions of increasing responsibility in electrical engineering.

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Navy awards EB $5.2M for modernization work on USS Connecticut
(May 2, 2005)

The U.S. Navy has awarded Electric Boat a $5.2 million contract modification under a basic ordering agreement for engineering and technical services in support of the Drydocking Selected Restricted Availability (DSRA) of the USS Connecticut (SSN22), a Seawolf-class attack submarine.

This contract modification is for additional DSRA work, which consists of repairs, maintenance work and alterations on the USS Connecticut. The work is taking place at Electric Boat's shipyard in Groton, Conn., and is expected to be completed by December 2005. Initially awarded in March, the DSRA contract has a total value of $80.7 million.

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EB awarded $5.5M contract modification for Navy nuclear work
(April 14, 2005)

The U.S. Navy has awarded a $5.5 million modification to a previously awarded contract under which Electric Boat will manage and support nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton, Conn.

Under the terms of the contract modification, Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base through Sept. 30, 2005. 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 about 30 Electric Boat employees is assigned to the NRMD, with surge groups of up to 80 shipyard employees for short periods.

The contract was initially awarded in March 2001 and has a potential value of $89 million over five years.

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EB receives $8M for submarine modernization work
(April 7, 2005)

The U.S. Navy has awarded Electric Boat an $8 million modification to an existing contract for submarine modernization and related work at the Naval Submarine Base in Groton, Conn.

Under the terms of the modification, Electric Boat will continue to perform non-nuclear submarine modernization and repair services at the Naval Submarine Support Facility at the base. These services include intermediate and depot-level overhaul, repair and modernization activities in support of submarines and the Shippingport floating drydock, as well as support and service craft.

The contract being modified was initially awarded in October 2001 and has a total potential value of $148.4 million over five years if all options are exercised and funded.

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Navy awards EB $6M contract for submarine maintenance work
(March 18, 2005)

The U.S. Navy has awarded Electric Boat a $5.7 million contract modification to perform additional routine maintenance work on the USS Dallas (SSN700), a Los Angeles-class attack submarine.

Electric Boat is currently performing a Drydocking Selected Restricted Availability (DSRA) on USS Dallas at the Naval Submarine Base in Groton. The work, which consists of repairs, maintenance and alterations, began in February and is scheduled for completion in July. Initially awarded in August 2004, the contract has a total value of $22.1 million.

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EB awarded $37M contract modification for submarine work
(March 15, 2005)

The U.S. Navy has awarded Electric Boat a $36.6 million contract modification for nuclear submarine work.

Under the terms of this award, Electric Boat will provide the services required to implement design and configuration changes on submarines and at support facilities, as well as the material needed for ship and shore support-facility problem resolution and consolidation programs. Electric Boat will also provide research and development support for submarine research vehicles. Initially awarded March 3, 2004, the contract could be worth more than $1.1 billion over five years if all options are exercised and funded.

Work will be performed in Groton, Conn. (84 percent); Kings Bay, Ga. (6 percent); Newport, R.I. (4 percent); Quonset Point, R.I. (3 percent); and Bangor, Wash. (3 percent). Work performed under this modification is expected to be completed by March 2008.

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EB awarded $62M for maintenance work on USS Connecticut
(March 2, 2005)

The U.S Navy has awarded Electric Boat a $62.4 million contract modification to perform routine maintenance work on the USS Connecticut (SSN22), a Seawolf-class attack submarine.

Under the terms of the modification, Electric Boat will perform a Drydocking Selected Restricted Availability, which consists of repairs, maintenance work and alterations. The work will take place at Electric Boat's shipyard in Groton, Conn., between April and December 2005. This contract option modifies a Feb. 4 initial award with a total contract value of $80.7 million.

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Navy awards EB $61M contract mod for submarine work
(Feb. 11, 2005)

The U.S. Navy has awarded Electric Boat a $60.9 million contract modification for nuclear submarine work.

Under the terms of the contract modification, Electric Boat will provide the necessary technical/engineering, design, logistics, and program management support required to ensure the efficient design and installation of design and configuration changes. Initially awarded in March 2004, the contract could be worth more than $1.1 billion over five years if all options are exercised and funded.

Eighty-two percent of the work will be performed at Groton, Conn.; 9 percent at Kings Bay, Ga.; 4 percent at Bangor, Wash.; 4 percent at Newport, R.I.; and 1 percent at Quonset Point, R.I. Work performed under this modification is expected to be completed by February 2008.

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Navy awards Electric Boat $58M for submarine work
(Feb. 4, 2005)

The U.S. Navy today awarded Electric Boat two contract modifications for submarine-related work with a total value of $58 million.

In the first award, Electric Boat received a contract modification for $41 million 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, Conn. (94 percent); Quonset Point, R.I. (5 percent); and Newport, R.I. (1 percent). Work is expected to be completed by January 2006.

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 delivered the lead ship, USS Virginia (SSN774), in October 2004.

The second award is for $17 million to plan and prepare for the Drydocking Selected Restricted Availability (DSRA) of the Seawolf-class submarine USS Connecticut (SSN22). Electric Boat will perform advance planning, design documentation, engineering, procurement, ship-checks, fabrication and preliminary shipyard work and other tasks necessary to prepare for the performance of alterations, repairs, maintenance, testing and routine work on the submarine. Work will be performed at Electric Boat's shipyard in Groton, Conn., and is expected to be completed by December 2005.

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Navy awards EB $150M contract mod for SSGN work
(Jan. 28, 2005)

The U.S. Navy has awarded Electric Boat a $150 million contract modification to convert the USS Michigan (SSBN727) from a Trident ballistic-missile submarine to an SSGN, a multi-mission submarine optimized for conventional tactical strike and special-operations support. The modification includes options for the conversion of USS Georgia from SSBN729 to SSGN729 which, if exercised, would be worth an additional $177 million.

This award modifies a five-year, $1 billion 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 $1.3 billion.

Under the terms of this modification, Electric Boat will convert the USS Michigan at Puget Sound Naval Shipyard in Bremerton, Wash., concurrent with the ship's Engineered Refueling Overhaul. Work will be performed in Bremerton (67 percent), Quonset Point, R.I. (23 percent), and Groton (10 percent), and is expected to be completed by December 2006.

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EB receives $8M award for submarine modernization work
(Jan. 25, 2005)

The U.S. Navy has awarded Electric Boat an $8 million modification to an existing contract for submarine modernization and related work at the Naval Submarine Support Facility, Groton.

Initially awarded in October 2001, the overall contract could be worth $149 million over five years if all options are exercised and funded. Work will be performed in Groton, Conn., and is expected to be completed in March 2005.

Under the terms of the modification, Electric Boat will continue to perform non-nuclear submarine modernization and repair services at the Naval Submarine Support Facility at the submarine base. These services include intermediate and depot-level overhaul, repair and modernization activities in support of submarines and the Shippingport floating drydock, as well as support and service craft.

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EB awarded $5.5M contract for nuclear submarine work
(Jan. 20, 2005)

The U.S. Navy has awarded Electric Boat a $5.5 million modification to a previously awarded contract to manage and support nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton.

Under the terms of the contract modification, Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base through Sept. 30, 2005. 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 about 30 Electric Boat employees is assigned to the NRMD, with surge groups of up to 80 shipyard employees for short periods.

The contract was initially awarded in March 2001 and has a potential value of $89 million over five years.

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EB awarded $8.7M for SSGN material
(Jan. 11, 2005)

The U.S. Navy has awarded Electric Boat an $8.7 million material order for the purchase of long-lead-time material required to support ship alterations on USS Michigan (SSBN727) and USS Georgia (SSBN729).

Electric Boat is currently engaged in the conversion of these two Trident ballistic-missile submarines - along with USS Ohio (SSBN726) and USS Florida (SSBN728) - to SSGN multi-mission submarines optimized for conventional tactical strike and special-operations support. This award will support alterations to be performed after the conversions are completed.

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Navy awards EB $6.3 million contract option for sub parts
(Jan. 7, 2005)

The U.S. Navy has awarded Electric Boat a $6.3 million contract option to provide on-board repair parts for the Virginia-class submarine North Carolina (SSN777).

Work will be performed at Electric Boat in Groton (55 percent) and at Northrop Grumman Newport News (45 percent) in Virginia. Northrop Grumman is Electric Boat's teammate in the Virginia-class submarine program.

The option was exercised under the $4.2 billion contract awarded to Electric Boat in September 1998 for the construction of the first four Virginia-class submarines. The lead ship of the class, USS Virginia (SSN774), was delivered to the Navy by Electric Boat in October 2004.

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Earned Hours goal is reached; employees will receive checks
(Jan. 5, 2005)

Electric Boat employees will receive $500 incentive checks (minus applicable withholdings) Friday as the company attained its Earned Hours goal for 2004.

"With the nonstop pressure of last year’s heavy workload, the efforts and sacrifices made by each employee were the key to our strong financial performance," said President John Casey. "Through the Earned Hours program, Electric Boat employees continue to reap the rewards of 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.

During the 2004 Earned Hours program, the base goal of 18.7 million hours – worth $500 – was attained. There were two additional incentives, each worth $250. They were to reach a stretch goal of 19.2 million hours, and deliver USS Virginia (SSN774) and USS Jimmy Carter (SSN23) on schedule. However, required schedule adjustments to the Virginia delivery prevented these goals from being met.

“Last year was a challenging period for everyone at Electric Boat,” Casey said. “But because everyone contributed to the overall effort, we closed 2004 on a successful note. I want everyone to know I appreciate everything they’ve done to keep the company at the top of its game.”

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