Navy Awards General Dynamics $51 Million For Sub Maintenance and Modernization Work
January 2, 2007
Contact: Robert A. Hamilton
Tel: (860) 433-8556
Email: Rhamilt1@ebmail.gdeb.com
GROTON, Conn. – On Dec. 28, 2006, the U.S. Navy awarded General Dynamics Electric Boat a $50.7 million contract to perform routine maintenance and modernization work on the USS Albany (SSN-753), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
Under the terms of the contract, Electric Boat will perform a Dry Dock Selected Restricted Availability, which consists of repairs, maintenance work, alterations and several major systems upgrades. The work will take place at the Norfolk Naval Shipyard between Jan. 9 and May 30 and involve about 350 employees at its peak.
General Dynamics, headquartered in Falls Church, Va., employs approximately 81,100 people worldwide, and expects 2006 revenues of approximately $24 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.
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
