General Dynamics awarded $118 million by US Navy for Common Missile Compartment work

22nd January 2010 - 17:00 GMT | by The Shephard News Team

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General Dynamics Electric Boat has been awarded a $118 million contract modification by the US Navy to continue concept studies, engineering and design of a Common Missile Compartment for the United Kingdom's Successor ballistic-missile submarine and the US Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines under development for the Royal Navy and the US Navy.

If all options are exercised and funded, the overall contract would have a value of more than $600 million.

Source: General Dynamics