General Dynamics Awarded $191 Million Contract for Missile Compartment Work
The U.S. Navy has awarded the Electric Boat subsidiary of defense contractor General Dynamics a $191.3 million contract modification for continued work on two submarines.
According to a company release, the contract is for work on the Common Missile Compartment for the United Kingdom's Successor ballistic-missile submarine as well as the U.S. Ohio replacement submarine.
In the release, General Dynamics notes the modification is for a contract awarded in December 2008 for technical services, engineering, design and concept studies on the submarines for the U.S. and Royal Navy.
If all of the contract options are exercised, its total value is reportedly expected to surpass $708 million, according to the release.
Electric Boat's engineering and design organization, which will be completing the work under the contract, currently boasts more than 3,000 employees. As a result of the new modification, the General Dynamics subsidiary could look to add professionals with security clearance to fill available defense and intelligence jobs.