General Dynamics Awarded $31 Million for Trident Submarine Support Services

GROTON, Conn., Sept. 4 /PRNewswire-FirstCall/ -- The U.S. Navy this week awarded General Dynamics Electric Boat a $31 million contract to plan and perform maintenance and modernization work on U.S. Trident-Class and U.K. Vanguard-Class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD - News).
Under the contract from the Navy's Strategic Systems Program, Electric Boat will perform shipboard integration of the fire control system; provide support to the TRIDENT I and TRIDENT II submarine-launched ballistic missile programs; and provide strategic weapon systems technical engineering support. This is follow-on work from a 2008 contract that has now been extended to May 2012.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,000 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 www.generaldynamics.com.