General Dynamics Receives $13.2M Contract for Submarine Support Work
GROTON, Conn. – General Dynamics Electric Boat has been awarded a $13.2 million contract modification to provide design, engineering and technical support services for U.S. Navy nuclear submarines.
Specifically, Electric Boat will provide planning yard services for Trident submarines and NR-1, the Navy’s nuclear-powered research submarine. The company will also perform work supporting design and configuration changes for Trident and Seawolf submarines, and facilities at the Navy’s Kings Bay, Ga., submarine base.
Eighty-nine percent of the work will be performed at Groton; 6 percent at Kings Bay and 5 percent at Quonset Point, RI.
General Dynamics (NYSE:GD) of Falls Church, Virginia, has leading market positions in shipbuilding and marine systems, land and amphibious combat systems, information systems, and business aviation. The corporation employs approximately 46,000 people and anticipates 2001 sales of approximately $11.5 billion.
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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Monday, March 26, 2001
Press Contact: (703) 876-3190
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