General Dynamics To Modify U.S Navy’s Virginia Class Nuclear Powered Submarines

General Dynamics Electric Boat has been awarded a $100.4 million contract from the U.S. Navy to provide lead-yard services for the Virginia-class nuclear-powered attack submarines. Under the contract, Electric Boat will develop, maintain and update design drawings and data, including technology insertions, for each Virginia-class submarine throughout its construction and post-shakedown availability periods. The potential cumulative value of the contract is $881 million through and expected to be completed by 2014.