2009 - Press Release Archives

General Dynamics Awarded $31 million for Trident Submarine Support Services
(September 4, 2009)

General Dynamics Is Awarded $42 Million for Submarine Maintenance and Modernization Work
(August 18, 2009)

General Dynamics Receives $65 Million for USS Hartford Repair Work
(August 6, 2009)

UnitedHealth Group honors Electric Boat for its comprehensive health care plan
(June 12, 2009)

General Dynamics Awarded $16 Million by U.S. Navy for USS Hartford Repair Work
(May 21, 2009)

U.S. Navy Awards General Dynamics $35 Million For USS Providence Maintenance and Modernization
(January 15, 2009)

General Dynamics Awarded $31 million for Trident Submarine Support Services

GROTON, Conn. (September 04, 2010) – The U.S. Navy this week awarded General Dynamics Electric Boat a $31 million contract to plan and perform maintenance and modernization work on U.S. Trident-Class and U.K. Vanguard-Class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract from the Navy's Strategic Systems Program, Electric Boat will perform shipboard integration of the fire control system; provide support to the TRIDENT I and TRIDENT II submarine-launched ballistic missile programs; and provide strategic weapon systems technical engineering support. This is follow-on work from a 2008 contract that has now been extended to May 2012.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

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General Dynamics Is Awarded $42 Million for Submarine Maintenance and Modernization Work

GROTON, Conn. (August 18, 2009) - The U.S Navy has awarded General Dynamics Electric Boat a $42.1 million contract to plan and perform routine maintenance and modernization work on USS Springfield (SSN-761), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will plan for and perform a Dry-docking Selected Restricted Availability, which consists of engineering, procurement, repairs, maintenance, modernization and testing. The work will take place at Electric Boat’s shipyard in Groton; it is expected to be completed by February 2010.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

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General Dynamics Receives $65 Million for USS Hartford Repair Work

GROTON, Conn. (August 6, 2009) - The U.S Navy has awarded General Dynamics Electric Boat a $65.2 million contract to perform repair work on USS Hartford (SSN-768), a Los Angeles-class submarine damaged in a collision March 20. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will install a hull patch, bridge-access trunk, port retractable bow plane and the sail, which were fabricated under a previously awarded contract. In addition, Electric Boat will perform selected maintenance work on the submarine.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

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UnitedHealth Group honors Electric Boat for its comprehensive health care plan

  • Submarine manufacturer wins 2009 Apex Award honoring innovation in health care
  • Program results included a 72-percent reduction in emergency room visits and 44,000 prescriptions filled at onsite pharmacy in 2008

GROTON, Conn. (June 12, 2009) General Dynamics Electric Boat has earned a 2009 Apex Award from UnitedHealth Group, an honor given to employers in recognition of exceptionally innovative health care benefits strategies.

Electric Boat won the award for its health benefits plan that provides health and wellness resources to employees and their dependents. Benefit offerings – including an onsite pharmacy, onsite medical facilities, fitness facilities, and wellness classes and initiatives – were combined to create a healthier, more productive workforce.

“We wanted to change the way our workforce interacts with the health care system, and really engage them in making better decisions and creating healthier lifestyles,” said Robert H. Nardone, vice president, Human Resources and Administration.

Investing in onsite resources and services has proven to be a successful approach to employee engagement in health and wellness offerings for Electric Boat. Among the initiatives:

  • Onsite nutrition and exercise classes, along with Weight Watchers and smoking cessation programs are offered for employees, many free of charge.
  • An outreach program from onsite medical staff provides free health screenings; 2,500 screenings were completed in 2008.
  • The EB Family Pharmacy offers lower drug costs and significantly increased pharmacy customer service. More than 44,000 prescriptions were filled in 2008 with a savings of nearly $800,000.
  • Onsite health advocates from UnitedHealthcare help employees navigate their health care options and access the most appropriate and efficient services for their health situations.

And as employees have become more savvy health care consumers, their decisions are driving better health outcomes as well as savings across the board:

  • Emergency room visits decreased 72 percent between 2006 and 2008.
  • The number of employees who visit a primary care physician has increased 21 percent.
  • Enrollment in Health Savings Accounts has increased, putting employees in charge of their health care dollars.

This year’s Apex Award judges praised Electric Boat for its “active drive to improve the health of its employees” using “remarkable employee and family assistance through the spectrum of health care needs – wellness promotion, decision support, care delivery, system navigation, and fulfillment.”  One judged called Electric Boat’s program “a fantastic example of what a well-designed and well-executed program can achieve in increasing awareness and improving employee health.”

General Dynamics (NYSE: GD), headquartered in Falls Church, Va., employs approximately 92,900 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.gd.com.

About the Apex Award
The Apex Award is an annual award sponsored by UnitedHealth Group’s hub magazine, which is published three times a year and distributed to more than 20,000 employers, consultants/brokers and thought leaders in the health care industry. Its mission is to promote a national dialogue on how these groups are helping advance accessibility, quality, simplicity and affordability in health care. For more information, visit www.hubmagazine.net.

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General Dynamics Awarded $16 Million by U.S. Navy for USS Hartford Repair Work

GROTON, Conn. (May 21, 2009) – The U.S Navy has awarded General Dynamics Electric Boat a $15.8 million contract to plan and perform repair work on USS Hartford (SSN-768), a Los Angeles-class attack submarine damaged March 20, 2009, in a collision with the Navy amphibious ship, USS New Orleans, in the Strait of Hormuz.

Under the terms of the contract, Electric Boat will perform planning work, material procurement and fabrication of a hull patch and a bridge access trunk, as well as planning and material procurement for the port retractable bow plane. Electric Boat also will perform planning work on the sail to restore USS Hartford to full-service condition. Work is expected to be completed by Oct. 31.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,900 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.generaldynamics.com.

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U.S. Navy Awards General Dynamics $35 Million For USS Providence Maintenance and Modernization

GROTON, Conn. (January 15, 2009) – The U.S. Navy has awarded Electric Boat a $34.9 million contract to perform routine maintenance and modernization work on the USS Providence (SSN-719), a Los Angeles-class attack submarine. Electric Boat is a business unit of General Dynamics (NYSE: GD).

Under the terms of the contract, Electric Boat will perform a Selected Restricted Availability, which consists of repairs, maintenance work, alterations and several major systems upgrades. The work will take place at the Electric Boat shipyard in Groton and involve up to 300 employees at its peak. The work is expected to be completed by September 2009.

General Dynamics, headquartered in Falls Church, Va., employs approximately 91,200 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.gd.com.

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