General Dynamics awarded $8M by U.S. Navy for Virginia-class submarine work

摘要

General Dynamics Electric Boat has been awarded an $8.3M contract modification by the U.S. Navy to procure components for Virginia-class nuclear-powered attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Under the contract modification, Electric Boat will procure material for the construction of advanced integrated low pressure electrolyzers used on Virginia-class submarines. The lead-yard services contract being modified has a potential cumulative value of $881 million through 2014 if all options are exercised and funded.