General Dynamics Electric Boat receives $84 million Navy contract modification
NewsOctober 31, 2014
GROTON, Conn. General Dynamics Electric Boat will continue development of the Common Missile Compartment for the Ohio replacement submarine and the UK’s Successor ballistic-missile submarine with an $83.8 million contract modification from the U.S. Navy.
The contract modification will provide funding for 17 tactical missile tubes – 12 for the UK Successor ballistic-missile submarine; four for the Ohio replacement submarine; and one for the Strategic Weapons System - Ashore test facility. It is expected that 241 missile tubes will be manufactured over the life of the program.
This U.S. Navy five-year, $1.85 billion contract was initially awarded to General Dynamics Electric Boat in December 2012 to perform research and development (R&D) work for the Navy’s next-generation ballistic-missile submarine. Construction is scheduled to begin in 2021, and the potential value of the overall contract is $2.3 billion.
For more information, visit www.gdeb.com.
