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General Dynamics Receives $13 Million Navy Award for Common Missile Compartment Development



     General Dynamics Receives $13 Million Navy Award for Common Missile
                           Compartment Development

PR Newswire

GROTON, Conn., Jan. 18, 2013

GROTON, Conn., Jan. 18, 2013 /PRNewswire/ -- The U.S. Navy has awarded General
Dynamics Electric Boat a $12.8 million contract modification for the continued
development of the Common Missile Compartment for the U.S. Ohio Replacement
Program and the United Kingdom's Successor ballistic-missile submarine.
Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the modification, Electric Boat will procure prototype material and
equipment to be used in the production of the Common Missile Compartment.

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 being
developed for the U.S. Navy and the Royal Navy. This modification brings the
total amount awarded under the contract to more than $770 million.

This work will engage Electric Boat's engineering and design organization,
which comprises more than 4,000 employees. Possessing proven technical
capabilities, these employees work on all facets of the submarine life cycle
from concept formulation and design through construction, maintenance and
modernization, and eventually to inactivation and disposal.

More information about General Dynamics is available at
www.generaldynamics.com.

www.gdeb.com

 

SOURCE General Dynamics Electric Boat

Website: http://www.gdeb.com
Contact: Media, Robert Hamilton, General Dynamics Electric Boat,
+1-860-433-8556, or Investors, Amy Gilliland, General Dynamics,
+1-703-876-3748
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