Marine Link
Sunday, February 16, 2025

General Dynamics Awarded $20m for Submarine Support Work

Maritime Activity Reports, Inc.

November 27, 2006

The U.S. Navy has awarded General Dynamics Electric Boat a $20.1 million contract modification for nuclear-submarine and shore-support facility work. Electric Boat is a wholly owned subsidiary of General Dynamics. Electric Boat will provide management, design and installation services for shore-support facilities consolidations and operational nuclear-submarine retrofits. Work is expected to be completed by November 2009. Initially awarded in March 2004, the contract could be worth more than $1.1 billion over five years if all options are exercised and funded.
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
Read the Magazine

Addressing the M/V Dali Incident

The Nuclear Submarine NR-1; Life is Actually Like This.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week