General Dynamics awarded $235.48M Navy contract modification

General Dynamics (GD) was awarded a $235.48M cost-plus-fixed-fee modification for engineering, technical, design agent, and planning yard support for operational strategic and attack submarines. Work is expected to be completed by September 2025. FY24 other procurement funds in the amount of $9.36M, FY25 other procurement funds in the amount of $6.38M; FY24 research, development, test and evaluation funds in the amount of $2.39M and FY25 operations and maintenance funds in the amount of $989,000, will be obligated at time of award, of which $3.38M will expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on GD:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.