Archive

General Dynamics Electric Boat

  • General Dynamics Takes $300M Trident II Support Contract

    The U.S. Navy on Dec. 16 awarded General Dynamics Mission Systems a $300 million contract for fiscal years 2020-2023 for U.S. and U.K. Trident II (D-5) support work. This specifically covers Trident II fleet ballistic missiles submarine fire control system, guided missile submarine attack weapon control system, and support equipment rework facility support. Most of […]

  • Columbia Still Has Margin, Admiral Repeats

    The U.S. Navy still has margin to burn on the first Columbia-class ballistic missile submarine, despite some of that programmatic breathing room getting burned after BWX Technologies incorrectly welded a dozen tubes for the Common Missile Compartments intended for that vessel and Virginia-class attack subs, a senior Navy officer said. “They do have margin to […]

  • HAC-D Chair Visclosky Will Not Seek Re-Election in 2020

    House Appropriations defense subcommittee Chairman Pete Visclosky (D-Ind.) said Nov. 6 that he will not run for office again in 2020, ending a 35-year career in public office and opening up the chairmanship to new candidates should Democrats hold the majority after next year’s elections. “For my entire career I have worked to build support […]

  • GD Electric Boat Breaks Ground on Columbia Sub Production Facility

    General Dynamics Electric Boat broke ground on a new 200,000-square-foot facility that will be dedicated to building the new Columbia-class ballistic missile submarine. Called the South Yard Assembly Building (SYAB), it will be on 7 acres of the company’s property at its Groton, Conn., facility and is the largest company construction project in 45 years, GD […]

  • GD Electric Boat Breaks Ground on Columbia Sub Production Facility

    General Dynamics Electric Boat broke ground on a new 200,000-square-foot facility on Sept. 13 that will be dedicated to building the new Columbia-class ballistic missile submarine. Called the South Yard Assembly Building (SYAB), it will be on 7 acres of the company’s property at its Groton, Conn., facility and is the largest company construction project in […]

  • General Dynamics Shuffles Electric Boat and NASSCO Leadership

    General Dynamics [GD] has appointed Kevin Graney, president of GD National Steel and Shipbuilding Company (NASSCO), as president of GD Electric Boat (EB), effective Oct. 1. Concurrently, David Carver, NASSCO’s vice president and general manager of repair, is succeeding Graney as president of NASSCO, the company revealed Friday. These moves come as Jeffrey Geiger, who has […]

  • Huntington Ingalls Starts Construction On Columbia Subs

    Huntington Ingalls Industries Newport News Shipbuilding held a ceremony on May 23 for its first cut-of-steel event to mark the start of advance construction for the Columbia-class ballistic missile submarine (SSBN) program. HII noted this will be the first class of submarines that will be built using fully digital blueprints. The first steel plate will be used […]

  • Electric Boat Wins $497 Million Mod For Sub Industrial Base

    The Navy on Monday awarded General Dynamics Electric Boat a $497 million modification for a submarine industrial base development and expansion to support the Columbia-class ballistic missile submarines. According to the contract announcement, the award also covers the overall nuclear shipbuilding enterprise, which includes Virginia-class attack submarines and Gerald R. Ford-class aircraft carriers. This is part of the “integrated […]

  • Geurts: Navy Focus On Columbia Margin About Sub Cadence

    NATIONAL HARBOR, Md. – The Navy’s top acquisitions official said Tuesday the Navy’s concern with maintaining the Columbia-class ballistic missile (SSBN) submarine schedule margin is focused on the overall submarine cadence, but if issues emerge the Navy will focus on the SSBN over attack submarines. Last week the Secretary of the Navy Richard Spencer and Chief of […]

  • General Dynamics Earnings Dip While Sales Climb

    By Calvin Biesecker Defense Daily General Dynamics on Wednesday posted higher first quarter sales due to gains in each of its business segments but net income fell on higher interest expenses and slightly higher taxes, which combined to more than offset a small rise in segment income. Net income dropped 7 percent to $745 million, […]

  • General Dynamics Earnings Dip While Sales Climb

    General Dynamics on Wednesday posted higher first quarter sales due to gains in each of its business segments but net income fell on higher interest expenses and slightly higher taxes, which combined to more than offset a small rise in segment income. Net income dropped 7 percent to $745 million, $2.56 earnings per share (EPS), from […]

  • GD Wins $269 Million Mod For Nuke Sub Missile Tubes

    The Navy on Monday awarded General Dyamics Electric Boat a $269 million contract modification to build 42 more missile tubes for the upcoming Columbia-class and UK Dreadnought-class submarines. The award covers the missile tubes as well as missile tube outfitting mat.e.rial under the  U.S.-U.K. Common Missile Compartment program. Both countries will use the same missile compartment […]

  • Lower Taxes, Higher Operating Profit Lift GD In Q4

    By Cal Biesecker Defense Daily General Dynamics, the Pentagon’s contractor for the next-generation ballistic-missile submarine, on Wednesday posted a strong finish to its fiscal year, delivering big gains in earnings and sales in the fourth quarter, aided in part by lower taxes and an acquisition last year. Net income in the quarter soared 43 percent to […]