Nov. 20, 2013
/PRNewswire/ -- The U.S Navy has awarded General Dynamics Electric Boat a
contract modification to continue development of the Common Missile Compartment for the U.S.
replacement submarine and the
Successor ballistic-missile submarine. The company received a similar award on
. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
Electric Boat will procure hardware and material for the Common Missile Compartment's missile-tube assembly and weldments. Initially awarded in
, the five-year,
contract calls for Electric Boat to perform research and development work for the Navy's next-generation ballistic-missile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is
This work will engage Electric Boat's engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine lifecycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.
More information about General Dynamics is available at
SOURCE General Dynamics Electric Boat