General Dynamic’s Nuclear Sub Deal
Electric Boat, a wholly owned subsidiary of General Dynamics Corporation (NYSE:GD), has received a contract modification worth $429.0 million from the U.S. Navy to provide planning yard work, engineering and technical support for nuclear submarines. The contract was awarded initially in October 2010, and will be worth approximately $1.2 billion over three years if all [...]
Electric Boat, a wholly owned subsidiary of General Dynamics Corporation (NYSE:GD), has received a contract modification worth $429.0 million from the U.S. Navy to provide planning yard work, engineering and technical support for nuclear submarines. The contract was awarded initially in October 2010, and will be worth approximately $1.2 billion over three years if all options are exercised and funded.
Per the contract, Electric Boat will provide design, engineering, material and logistics support, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards