General Dynamics wins potentially huge Navy contract

Electric Boat, a subsidary of General Dynamics, has been awarded a contract by the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms.  The contract is worth $33.5 million but, if all options exercised, the contract value could climb to more than $700 million over next five years.

Electric Boat will perform advanced submarine research and development studies in support of a wide range of technology areas including manufacturability, maintainability, survivability, hydrodynamics, acoustics and materials. The company will also conduct research and development work in additional areas including manning, hull integrity, performance, ship control, logistics, weapons handling and safety.

Photo: Virginia Class Submarine courtesy Electric Boat