General Dynamics to Continue Developing Sub Missile Compartment

General Dynamics‘ Electric Boat subsidiary has won a $61.7 million contract modification to continue development of the common missile compartment for submarines, the company announced Tuesday.

The modification contract calls for the procurement, manufacture and testing of prototype material and equipment for the compartment.

Work will cover the U.S. Ohio submarine and the U.K.’s Successor, a ballistic missile submarine.

The original contract was awarded in December 2008 for engineering, technical services, concept studies and design work on a new generation ballistic missile submarines developed for the U.K. and U.S. naval forces.

According to General Dynamics, the contract value will increase to more than $776 million if all options are exercised.

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