General Dynamics wins US Navy submarine contract

Electric Boat, a wholly-owned subsidiary of General Dynamics, has been awarded a $7.4m (£4.7m) contract modification by the US Navy to develop advanced submarine technologies for current and future undersea platforms.

Under this contract Electric Boat will perform advanced submarine research and development studies in support of a wide range of technology areas including manufacturing, maintenance, survivability, hydrodynamics, acoustics and materials.

It will also conduct research and development work in areas such as manning, hull integrity, performance, ship control, logistics, weapons handling and safety

The contract has a potential value of $711.4m over a total of five years if all options are exercised and funded.