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U.S. Navy awards $47 Million contract for sub maintenance & modernization work to General Dynamics
Tuesday, 08 May 2007
The U.S. Navy has awarded General Dynamics Electric Boat a $46.7 million contract to perform routine maintenance and modernization work on the USS Alexandria (SSN-757), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD) .
Under the terms of the contract, Electric Boat will perform a Selected Restricted Availability, which consists of repairs, maintenance work, alterations and several major systems upgrades. The work will take place at the Navy Submarine Base in Groton and involve up to 300 employees at its peak; it is expected to be completed by September 2007.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. 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.
Last Updated ( Tuesday, 08 May 2007 )
Tuesday, 08 May 2007
The U.S. Navy has awarded General Dynamics Electric Boat a $46.7 million contract to perform routine maintenance and modernization work on the USS Alexandria (SSN-757), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD) .
Under the terms of the contract, Electric Boat will perform a Selected Restricted Availability, which consists of repairs, maintenance work, alterations and several major systems upgrades. The work will take place at the Navy Submarine Base in Groton and involve up to 300 employees at its peak; it is expected to be completed by September 2007.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. 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.
Last Updated ( Tuesday, 08 May 2007 )