General Dynamics Awarded $29 Million by U.S. Navy for Common Missile Compartment Development

The U.S Navy has awarded General Dynamics Electric Boat a $28.9 million contract modification to continue development of the Common Missile Compartment for the U.S. Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. The company received a similar award on November 14. Electric Boat is a wholly owned subsidiary of General Dynamics.

Electric Boat will procure hardware and material for the Common Missile Compartment's missile-tube assembly and weldments. Initially awarded in December 2012, the five-year, $1.85 billion contract calls for Electric Boat to perform research and development work for the Navy's next-generation ballistic-missile submarine, which is scheduled to begin construction in 2021. The potential value of the overall contract is $2.9 billion.