From Seawaves Magazine 12/04/03
EB Awarded Contract Modification for Sub Work
Groton CT December 1, 2003 (PRN) - The U.S. Navy has awarded General Dynamics Electric Boat a $10.4 million contract modification for nuclear-submarine work. Electric Boat is a wholly owned subsidiary of General Dynamics.
Under the terms of the award, Electric Boat will provide design, engineering, material and logistics support for the Trident program, the two operational Seawolf-class submarines, NR-1, and efforts supporting Los Angeles-class ships. Electric Boat will also provide planning, scheduling and technical support for submarine maintenance activities. The contract being modified was initially awarded in May 1999 and could be worth more than $742 million over five years if all options are exercised and funded.
The work will be performed at Groton (53 percent); Bangor, Wash. (25 percent); Kings Bay, Ga. (18 percent); Newport, RI (3 percent); and Quonset Point, RI (1 percent). Work performed under the modification is expected to be completed by March 2004.
Edited By TMSmalley on 1070547495