https://sputnikglobe.com/20221003/electric-boat-wins-532bln-design-contract-on-virginia-nuclear-submarines---pentagon-1101482500.html
Electric Boat Wins $532Bln Design Contract on Virginia Nuclear Submarines - Pentagon
Electric Boat Wins $532Bln Design Contract on Virginia Nuclear Submarines - Pentagon
Sputnik International
WASHINGTON (Sputnik) - General Dynamics Electric Boat Corp. has won a more than $532 billion US Navy modification contract for Development Studies and Design... 03.10.2022, Sputnik International
2022-10-03T23:20+0000
2022-10-03T23:20+0000
2023-04-30T05:35+0000
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general dynamics electric boat
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us department of defense (dod)
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"General Dynamics Electric Boat Corporation [of] Groton, Connecticut, is awarded a $532,921,125 cost-plus-fixed-fee modification to [a] previously awarded contract for Lead Yard Support and Development Studies and Design efforts related to Virginia-class submarines," the Defense Department said in a press release on Monday.The contract modification includes options which, if exercised, would bring the cumulative value of the modification to $813.7 billion, release said.Almost all work on the contract will be performed in Groton, Connecticut (99%) and is expected to be completed by October 2023, the release added.
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Electric Boat Wins $532Bln Design Contract on Virginia Nuclear Submarines - Pentagon
23:20 GMT 03.10.2022 (Updated: 05:35 GMT 30.04.2023) WASHINGTON (Sputnik) - General Dynamics Electric Boat Corp. has won a more than $532 billion US Navy modification contract for Development Studies and Design on Virginia-class nuclear submarines, the US Defense Department said.
"General Dynamics Electric Boat Corporation [of] Groton, Connecticut, is awarded a $532,921,125 cost-plus-fixed-fee modification to [a] previously awarded contract for Lead Yard Support and Development Studies and Design efforts related to Virginia-class submarines," the Defense Department said in a press release on Monday.
The contract modification includes options which, if exercised, would bring the cumulative value of the modification to $813.7 billion, release said.
Almost all work on the contract will be performed in Groton, Connecticut (99%) and is expected to be completed by October 2023, the release added.
