News

General Dynamics Electric Boat secure $5.1Bn contract

The US Navy has awarded General Dynamics Electric Boat a $5.1 billion Integrated Product and Process Development (IPPD) contract to complete the design of the lead Columbia-class submarine, the nation’s next-generation sea-based strategic deterrent.

The IPPD contract includes funding for component and technology development as well as continued development of the Common Missile Compartment, which will be integrated into both the US Navy’s new SSBN and the Royal Navy’s Dreadnought-class strategic missile submarine.

Construction of the lead Columbia-class submarine is scheduled to begin in the fall of 2020. The US Navy plans to build a fleet of 12 new SSBNs.

The contract follows a five-year, $1.85 billion award Electric Boat received in December 2012 to perform research and development work for the Navy’s new class of ballistic-missile submarines.

Electric Boat President Jeffrey S. Geiger said: “Working closely with the Navy and the submarine industrial base, Electric Boat will continue to lead critical aspects of the Columbia-class development effort, including design, material procurement, construction and operating-cost reduction, to achieve an affordable and effective program.”

If you would like to join our community and read more articles like this then please click here.

The post General Dynamics Electric Boat secure $5.1Bn contract appeared first on Defence Online.

 

Who are we?

From publishing the first national directory of public sector contracts, to being the first to market with our online Tracker solution, we have been the true pioneers of technology and innovation in the public sector marketplace. Throughout our 39 years, we have continued to evolve and chart new territory – placing our customers at the heart of everything we do. Take your business to the next level with Tracker now.

Start Your Free Trial Today

Download your Free UK Defence Industry Report

Download your Free UK Defence Industry Report

When you sign up for a 3 day free trial or demo.

Limited time only