General Dynamics wins $118 million for work on U.S. Navy Common Missile Compartment
Posted by Courtney Howard
GROTON, Conn., 25 Jan. 2010. General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics, won a $118 million contract modification by the U.S. Navy to continue concept studies, engineering, and design of a Common Missile Compartment for the United Kingdom's Successor ballistic-missile submarine and the U.S. Ohio replacement submarine.
The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies, and design of a Common Missile Compartment for the next-generation ballistic missile submarines under development for the Royal Navy and the U.S. Navy.
If all options are exercised and funded, the overall contract would have a value of more than $600 million.
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