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Electric Boat Corp. Wins $65.5M Navy Contract

Maritime Activity Reports, Inc.

November 7, 2007

Electric Boat Corp., Groton, Conn., is being awarded a $65.5m modification under previously awarded contract for Consolidated Design Agent, Planning Yard, engineering and technical support for active Nuclear Submarines. The contract provides for updated drawings and related data which documents ship configuration and deviations for operational submarines, and planning, scheduling and technical support to ensure accomplishment of operational submarine Engineered Overhauls/Extended Refit Periods. Work will be performed in Groton, Conn. (59 percent); Bangor, Wash. (19 percent); Kings Bay, Ga. (16 percent); Newport, R.I. (5 percent); and Quonset, R.I. (1 percent), and is expected to be completed by September 2008. Contract funds in the amount of $65.5m will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.

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