General Dynamics Electric Boat has been awarded a US$346.5 million contract modification by the US Navy to provide research and development and lead-yard services for the Virginia-class nuclear-powered attack submarines.
Under the contract modification, Electric Boat will undertake development studies and other work related to Virginia-class submarine design improvements. Additionally, Electric Boat will perform research and development work required to evaluate new technologies to be inserted in newly built Virginia-class ships, including the Virginia Payload Module.
Initially awarded in 2016, the contract has a potential value of US$1.3 billion through September 2019.
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