General Dynamics Electric Boat awarded $313.9 million contract modification by U.S. Navy for Columbia-class submarines

GROTON, Conn., May 19, 2022 /PRNewswire/ — Common Dynamics Electrical Boat, a company unit of General Dynamics (NYSE: GD), announced right now it was awarded a modification to the earlier awarded Columbia Built-in Item and Method Agreement by the Naval Sea Methods Command. The modification has a complete price of $313.9 million.

The contract modification will guidance submarine industrial base progress and growth for the construction of the Columbia-class fleet ballistic missile submarines as properly as more guidance for the production, procurement and shipping and delivery endeavours for United Kingdom Strategic Weapon Assistance Program kits.

“Ballistic-missile submarines are the vital, survivable leg of our nation’s nuclear arsenal and Columbia is the Navy’s leading acquisition precedence,” claimed Kevin Graney, president of Typical Dynamics Electrical Boat. “We are grateful for the steadfast have confidence in and aid the Navy and Congress have in Electric Boat as we keep on the do the job we commenced 15 several years back to provide Columbia and the future 60 yrs of deterrence for our country.”

Electric Boat will continue on to operate with its sellers and sub-contractors to enhance endeavours to ramp up output capability and help the enhanced demand related with the Columbia program.

At 560-ft extended with a displacement of nearly 21,000 tons, the submarines of the Columbia class will be the biggest ever crafted by the United States. The Columbia will have a lifestyle-of the-ship fuel core that will electrical power the submarine for its total provider life, getting rid of the want for a mid-assistance refueling and rising the time the ship can shell out on deployment. Electric powered Boat will deliver the guide ship to the Navy in 2027.

Basic Dynamics is a world-wide aerospace and defense organization that provides a broad portfolio of goods and providers in organization aviation ship design and maintenance land beat cars, weapons programs and munitions and know-how products and products and services. Standard Dynamics employs more than 100,000 men and women around the world and produced $38.5 billion in income in 2021. A lot more information and facts is obtainable at www.gd.com.

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Source Typical Dynamics Electrical Boat