- General Dynamics Electric Boat ( NYSE: GD ) is awarded a ~$532.92M cost-plus-fixed-fee modification to previously awarded contract for Lead Yard Support and Development Studies and Design efforts related to Virginia-class submarines.
- This contract modification includes options which, if exercised, would bring the cumulative value of the modification to $813,720,300.
- Work is expected to be completed by October 2023.
- The Naval Sea Systems Command is the contracting activity.
For further details see:
General Dynamics bags ~$532M modification contract for Naval Sea Systems