Projo Biz Blog

EB gets $270M for making submarine components

6:05 PM Mon, Dec 03, 2007 |
By Andrea Panciera    Email this author |   Email this entry

The Navy has awarded General Dynamics Electric Boat a $270 million contract to make components for a Virginia-class submarine, and some of the work will be done in Quonset Point and Groton, Conn.

The contract covers steam and electric plant components, the main propulsion unit, ship service turbine generator set, and various hull, mechanical and electrical systems components.

Those are "long lead-time" materials, and the work is to be completed in July 2011. The goal is to have them ready so that submarine SSN-784 meets its projected 2015 completion date.

Along with Rhode Island and Connecticut, work will also be done in Newport News, Va., California, Pennsylvania, Arizona and other U.S. locations.

The contract modifies an already awarded 2003 contract and brings the total to $8.8 billion.

Electric Boat is a subsidiary of General Dynamics, which has its headquarters in Falls Church, Va., and has about 83,000 employees worldwide.

-- projo.com staff writer Michael P. McKinney

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