Le Lézard
Classified in: Science and technology, Business
Subject: CON

General Dynamics Awarded $1.6 Billion Contract to Build Additional U.S. Navy Expeditionary Sea Base Ships


SAN DIEGO, Aug. 23, 2019 /PRNewswire/ -- General Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD), was awarded a contract by the U.S. Navy worth up to $1.6 billion for the construction of the sixth and seventh ships of the Expeditionary Sea Base (ESB) program, as well as an option for ESB 8.

The third Expeditionary Sea Base ship, Louis B. Puller, seen in this file photo.  General Dynamics NASSCO was awarded a contract worth up to $1.6 billion for the design and construction of two additional ESB ships, with an option for a third.

"We are pleased to be building ESB 6 and 7 for our Navy," said Kevin Graney, president of General Dynamics NASSCO. "ESBs have proven to be affordable and flexible, and as the fleet has gained experience with the platform, we have worked with the Navy and Marines to develop even more capabilities and mission sets."

The contract, announced by the Department of Defense today, provides $1.08 billion as a fixed-price-incentive modification to a previous contract for the design and construction of the two ships, with an option for the third that, if exercised, would bring the total cumulative value to $1.63 billion.

Named after famous names or places of historical significance to U.S. Marines, ESBs serve as a flexible platform and a key element in the Navy's airborne mine countermeasures mission, with accommodations for up to 250 personnel and a large helicopter flight deck. The ship's configuration supports special warfare and Marine Corps task-organized units.

Work on the two new ships of the ESB program is scheduled to begin in the first quarter of 2020 and continue to the second quarter of 2023, providing the opportunity to sustain and grow the workforce along San Diego's working waterfront. NASSCO's unique location along the historic San Diego Bay provides shipbuilders and skilled tradespeople with unparalleled access to the nation's leading maritime support businesses, and highly-trained employees allow NASSCO to build and repair some of the world's greatest ships in the most efficient manner possible.

In 2011, the Navy awarded NASSCO with a contract to design and build the first two ships in the newly created MLP program, the USNS Montford Point and USNS John Glenn. The program expanded with three more vessels, the USS Lewis B. Puller, USNS Hershel "Woody" Williams and the Miguel Keith, configured as ESBs. Following the delivery of the first four ships to the U.S. Navy, the fifth ship, the Miguel Keith, is scheduled for delivery in the fourth quarter of 2019.

General Dynamics NASSCO is a business unit of General Dynamics.  Headquartered in Falls Church, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR solutions; and shipbuilding and ship repair.  General Dynamics employs more than 100,000 people worldwide and generated $36.2 billion in revenue in 2018.  More information about NASSCO is available at www.nassco.com. More information about General Dynamics is available at www.generaldynamics.com

General Dynamics (PRNewsFoto/General Dynamics) (PRNewsFoto/General Dynamics)

SOURCE General Dynamics NASSCO


These press releases may also interest you

at 07:35
GeoPark Limited ("GeoPark" or the "Company") , a leading independent Latin American oil and gas explorer, operator and consolidator, today announces its operational update for the three-month period ended March 31, 2024 ("1Q2024"). Oil and Gas...

at 07:35
PHINIA Inc. , a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: U.S. GAAP net sales of $863 million, an increase of 3.4%...

at 07:35
EMCOR Group, Inc. today reported results for the first quarter ended March 31, 2024. For the first quarter of 2024, revenues totaled $3.43 billion, an increase of 18.7%, compared to $2.89 billion for the first quarter of 2023. Net income was...

at 07:35
TriCo Bancshares : Executive Commentary: "The start of the second quarter of 2024 also represents the start of Tri Counties Bank's 50th year of operations. Thinking back to our humble beginnings, we have achieved great success through our...

at 07:35
Lincoln Electric Holdings, Inc. (the "Company") today reported first quarter 2024 net income of $123.4 million, or diluted earnings per share (EPS) of $2.14, which includes special item after-tax net charges of $5.2 million, or $0.09 EPS. This...

at 07:35
Good Times Restaurants Inc. , operator of Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the second fiscal quarter financial results on May 2, 2024 at 5:00 p.m. ET....



News published on and distributed by: