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July 15, 2019 | International, Naval

General Dynamics Awarded $174 Million Contract for Submarine Work

GROTON, Conn. (July 11, 2019) - The U.S. Navy today awarded General Dynamics Electric Boat a $174 million contract for nuclear-submarine work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the contract, Electric Boat will provide design agent, planning yard, and engineering services, as well as technical support for active nuclear submarines and submersible systems. The contract could be worth more than $1 billion over five years if all options are exercised and funded.

Seventy percent of the work will be performed at Groton; 13 percent at Kings Bay, Ga.; 10 percent at Bangor, Wash.; 3 percent at Pearl Harbor, Hawaii; and 2 percent at Newport and Quonset Point, R.I. Work performed under this contract is expected to be completed by September 2023.

General Dynamics Electric Boat has established standards of excellence in the design, construction and lifecycle support of U.S. Navy submarines. In its position as an industry leader, Electric Boat remains committed to applying its technical and business expertise to effectively manage the challenges of nuclear-submarine production. The company's three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is approximately 17,000 employees.

More information about Electric Boat is available at www.gdeb.com.

For more information about General Dynamics, please visit www.generaldynamics.com.

http://www.gdeb.com/news/news_archives/2019archives.html#07-11-19

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  • Failure to communicate: US Navy seeks faster data transfers amid Arctic ice

    May 13, 2020 | International, Naval, C4ISR

    Failure to communicate: US Navy seeks faster data transfers amid Arctic ice

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  • Enhancing Unmanned Operations in Extreme Conditions with the Power of Two-Stroke

    July 9, 2019 | International, Aerospace

    Enhancing Unmanned Operations in Extreme Conditions with the Power of Two-Stroke

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In addition, safety is a key purpose behind the pursuit of hybrid applications. For UAV manufacturers, having the ability to convert to an electric battery should the combustion engine fail could make all the difference in enabling a safe landing. Operating UAVs in extreme weather conditions reduces the chances of potential health and safety issues associated with deploying staff or manned systems into harsh environments. In addition, a further key benefit of using UAVs is enabling the deployment of cost-effective systems that perform safely in extreme locations. Ultimately, developing UAVs that can fly farther and for longer in harsh environments will require engine manufacturers to consider alternative fuel and power systems such as heavy fuel two-stroke applications. Heavy fuel is widely considered a must in the maritime industry when dealing with complex environments due to its resistance to extreme temperatures. At Hirth, pairing a robust heavy fuel combustion engine with electrical propulsion is something we are pursuing to advance the future capabilities of unmanned systems and bridge the gap to pure electric flight. For further information about Hirth's portfolio of engines, visit: http://hirthengines.com/ About Hirth Hirth Engines GmbH, based near Stuttgart, with global sales operated from Vienna, has a long pedigree in the development of propulsion systems, stretching back to The innovative company was founded by German aviation pioneer and World War I ace Helmuth Hirth, a student of US inventor Thomas Edison, and collaborator with the Wright Brothers and Zeppelin. 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    February 20, 2023 | International, Aerospace

    Lockheed Martin and Northrop Grumman Sign Letter of Intent with Rheinmetall to Manufacture F-35 Center Fuselages

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