General Dynamics Electric Boat Wins Two Navy Sub Maintenance Deals

General Dynamics EbizGeneral Dynamics’ Electric Boat subsidiary has won two contracts with a combined value of $16.8 million to help the U.S. Navy maintain submarines.

Electric Boat will continue performing nuclear maintenance, management, planning, training and repair works for submarines docked at the Groton, Mass.-based Naval Submarine Base under one contract worth $8.8 million, General Dynamics said Friday.

The subsidiary will also carry forward the New England Maintenance Manpower Initiative operations such as repair and modernization for nuclear submarines, floating dry-docks and service craft at the submarine base under the second contract, worth $8 million.

The first contract was initially awarded in April 2013 with a potential value of $164 million over five years, where 25 Electric Boat employees will carry out the task along with 100 short-term shipyard workers.

Nearly 270 Electric Boat workers will perform the second task that was awarded in December 2012, potentially amounting to $222.3 million over five years.

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