GROTON, Conn.
(Map)
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GROTON, Conn., May 23 /PRNewswire-FirstCall/ -- The U. S. Navy has awarded
General Dynamics Electric Boat a $6 million contract modification for
management and nuclear maintenance work on submarines stationed at Submarine
Base New London, Conn. Electric Boat is a wholly owned subsidiary of General
Dynamics (NYSE: GD).
Under the terms of the contract modification, Electric Boat will continue
to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine
base through Sept. 30, 2008. The company will provide project management,
planning, training and radiological-control services to support maintenance,
modernization and repairs in support of operational submarines. About 25
Electric Boat employees are assigned to the NRMD.
The initial contract was awarded in December 2005 and has a potential
value of $75.4 million over three years if all options are exercised.
General Dynamics, headquartered in Falls Church, Virginia, employs
approximately 84,000 people worldwide. The company is a market leader in
business aviation; land and expeditionary combat systems, armaments and
munitions; shipbuilding and marine systems; and information systems and
technologies. More information about the company is available on the Internet
at http://www.generaldynamics.com.
