General Dynamics Electric Boat awarded $313.9 million contract modification by U.S. Navy for Columbia-class submarines

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GROTON, Conn., May well 19, 2022 /PRNewswire/ — Standard Dynamics Electric Boat, a organization unit of Common Dynamics (NYSE: GD), announced these days it was awarded a modification to the formerly awarded Columbia Built-in Product or service and System Agreement by the Naval Sea Systems Command. The modification has a complete benefit of $313.9 million.

The deal modification will assistance submarine industrial foundation improvement and enlargement for the development of the Columbia-course fleet ballistic missile submarines as properly as added assist for the manufacturing, procurement and delivery endeavours for United Kingdom Strategic Weapon Assist System kits.

“Ballistic-missile submarines are the crucial, survivable leg of our nation’s nuclear arsenal and Columbia is the Navy’s leading acquisition priority,” reported Kevin Graney, president of General Dynamics Electric Boat. “We are grateful for the steadfast have confidence in and aid the Navy and Congress have in Electric powered Boat as we keep on the perform we commenced 15 a long time in the past to provide Columbia and the future 60 several years of deterrence for our nation.”

Electric powered Boat will continue to operate with its sellers and sub-contractors to improve attempts to ramp up generation ability and aid the greater demand linked with the Columbia system.

At 560-ft extensive with a displacement of practically 21,000 tons, the submarines of the Columbia course will be the most significant at any time designed by the United States. The Columbia will have a lifetime-of the-ship fuel core that will electrical power the submarine for its full service existence, eradicating the want for a mid-provider refueling and increasing the time the ship can invest on deployment. Electric powered Boat will deliver the guide ship to the Navy in 2027.

Common Dynamics is a global aerospace and defense organization that delivers a broad portfolio of products and solutions and companies in company aviation ship building and repair service land beat automobiles, weapons systems and munitions and technology goods and companies. Normal Dynamics employs additional than 100,000 people today around the globe and produced $38.5 billion in profits in 2021. Far more details is obtainable at www.gd.com.