Bath Iron Works Awarded $116 Million Contract for DDG 1000 ZUMWALT Class Transition and Detail Design
BATH, Maine – The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a contract in the amount of $115.8 million to commence DDG 1000 ZUMWALT Class Destroyer detail design and procurement of Vendor Furnished Information (VFI) to support detail design. The total value of the detail-design effort, after all contract options have been fully funded, will be in excess of $300 million. This program was formerly known as the DD(X) destroyer program.
Bath Iron Works (Bath, Maine), a leader in surface combatant design and construction, employs approximately 5,600 people.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 81,900 people worldwide and had 2005 revenue of $21.2 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information can be found online at www.generaldynamics.com.
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August 8, 2006
Contact: Jim DeMartini
Tel: (207) 442-1695
Email: jim.demartini@gdbiw.com
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