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Additional Funding for Submarine Missile Compartment

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General Dynamics Electric Boat
: 25 January, 2010  (Application Story)
Electric Boat has received additional US Navy funding for the company’s development work for the Royal Naval and US Naval submarine Common Missile Compartments
General Dynamics Electric Boat has been awarded a $118 million contract modification by the US Navy to continue concept studies, engineering and design of a Common Missile Compartment for the United Kingdom's Successor ballistic-missile submarine and the US Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.

The award modifies a $76 million contract announced in December 2008 for
engineering, technical services, concept studies and design of a Common
Missile Compartment for the next-generation ballistic missile submarines
under development for the Royal Navy and the US Navy.

If all options are exercised and funded, the overall contract will have a
value of more than $600 million.
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