General Dynamics Electric Boat Corporation has won a $33.5 million contract modification from the U.S. Navy. The company will develop advanced submarine technology for current and future undersea platforms.
The terms of the contract state Electric Boat will perform advanced submarine research and development studies for multiple technologies including manufacturability, maintainability and survivability among other technologies.
Electric Boat will also conduct research and development work in manning, hull integrity, performance, ship control, logistics, weapons handling and safety.
General Dynamics was awarded with this contract in November, but with the current modification of the contract, the award is valued at $711.4 million over a five-year time period.
Electric Boat is a wholly owned subsidiary of General Dynamics.