General Dynamics Wins $22.2 Billion Contract for Virginia-Class Subs

By Tony Capaccio (Bloomberg) --General Dynamics Corp. has received a $22.2 billion contract from the U.S. Navy to build nine more nuclear-powered Virginia-class submarines, the largest shipbuilding contract in the service’s history. The contract includes an option for a 10th vessel over five years, the Navy said Monday. Huntington Ingalls Industries Inc. is the top … [Read more...]

NASSCO Completes Bunkering for World’s Second LNG-Powered Containership – Perla Del Caribe

General Dynamics NASSCO says it has successfully completed the LNG bunkering for the Perla Del Caribe, the world's second containership to be powered by liquefied natural gas. The Perla Del Caribe received 210,000 gallons of LNG fuel over a 48-hour period beginning December 11th. The amount is nearly double the amount bunkered for its sister ship, the Isla Bella, the world's … [Read more...]

NASSCO Launches First LNG-Ready Tanker for SEA-Vista

General Dynamics NASSCO on Saturday launched the first ship in a series of ECO-Class tankers for the SEA-Vista fleet. The christening and launch ceremony took place at the company’s shipyard in San Diego. The ship, the Independence, is a 610-foot, 50,000 deadweight-ton, and LNG-conversion-ready product tanker with a 330,000 barrel cargo capacity. Construction on the ship … [Read more...]

$18 Billion Newbuild Order Awarded to General Dynamics

General Dynamics (GD) has their work cut out for them after winning a $17.6 billion newbuild order from the U.S. Navy yesterday. As a result of the order, General Dynamics' Electric Boat and Newport News Shipbuilding yards will build 10 Block IV Virginia-class submarines at a total contract value of $17.6 billion. Two boats per year are forecasted to be built according to … [Read more...]