US Navy Awards $22 Billion Contract to General Dynamics Electric Boat
02 Diciembre 2019 - 5:26PM
Noticias Dow Jones
By Stephen Nakrosis
A General Dynamics Corp. (GD) subsidiary will build nine new
submarines for the U.S. Navy.
The Pentagon said Monday it awarded a $22,209,893,409 multiyear
modification of a previously awarded contract to General Dynamics
Electric Boat Corp.
The contract calls for the construction of nine Virginia-class
submarines, and contains an option for the construction of one
additional submarine. If the option is exercised, the value of the
contract will increase to $24,097,439,556, the Pentagon said.
Work will be performed in Newport News, Va., Quonset Point,
R.I., Groton, Conn., and Sunnyvale, Calif., among other locations,
the Pentagon said.
Huntington Ingalls Industries's (HII) Newport News Shipbuilding
division is a major subcontractor, the Pentagon said.
The Virginia-class is an attack submarine which is slated to
replace the Los Angeles class as those submarines are retired.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 02, 2019 18:11 ET (23:11 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Huntington Ingalls Indus... (NYSE:HII)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Huntington Ingalls Indus... (NYSE:HII)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
