This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

General Dynamics Awarded Submarine Safety And Maintenance Contract

GROTON, Conn., Feb. 28, 2013 /PRNewswire/ -- The U.S. Navy has awarded General Dynamics Electric Boat a contract to perform submarine safety program (SUBSAFE) and intermediate submarine maintenance work for submarines.  This five-year, indefinite delivery, indefinite quantity contract has a potential value of $215.5 million.  Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Electric Boat will provide technical management, administrative and technical services, tools, equipment and facilities and required support to accomplish installation, repair and maintenance of weapons, hull, mechanical and electrical equipment.

Electric Boat has performed SUBSAFE work for the Navy for more than four decades and is a proven provider of intermediate-level maintenance and modernization activities.

More information about General Dynamics is available at www.generaldynamics.com.

SOURCE General Dynamics Electric Boat

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,971.04 -99.36 -0.55%
S&P 500 2,095.17 -19.32 -0.91%
NASDAQ 4,945.6760 -71.2530 -1.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs