GD Receives Billion Dollar Contract Modification For Submarine Procurement

FLOATING STEEL

The Virginia-class submarine.

by Staff Writers
Groton, CT (SPX) Jan 04, 2007
The U.S. Navy awarded General Dynamics Electric Boat a $1.3 billion contract modification that provides funding for the construction of the ninth Virginia-class submarine (SSN-782) and advance procurement for the 10th ship of the class. Electric Boat is a wholly owned subsidiary of General Dynamics .

The award modifies an August 2003 contract for the construction of six Virginia-class submarines at a rate of one per year from FY 03 through FY 08; the total value of the contract is $8.4 billion. In all, Electric Boat and its construction teammate, Northrop Grumman, have received contracts to build 10 ships of the class.

The contract modification provides $1.1 billion for construction of SSN-782; and $175.2 million in advance procurement for SSN-783.

Navy Awards General Dynamics $51 Million For Sub Maintenance and Modernization Work

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.

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.

FLOATING STEEL

SSN Rickover Deactivates From Service

Norfolk, VA (SPX) Jan 02, 2007
After 22 years of service, USS Hyman G. Rickover (SSN 709) was inactivated in a ceremony Dec. 14 at Norfolk Naval Station Pier 3. The widow of Adm. Hyman G. Rickover, retired Cmdr. Eleonore Rickover, who also served as the ship's sponsor, attended the submarine's final ceremony and was able to recount vividly the day Rickover was brought to life. She also recounted the significant impact the sub had on her life.

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