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General Dynamics Bags $698M Contract Modification For Overhaul Of USS Hartford – Stocks to Watch
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General Dynamics Bags $698M Contract Modification For Overhaul Of USS Hartford

ByAkanksha Bakshi

Jul 29, 2022
General Dynamics Bags $698M Contract Modification For Overhaul Of USS Hartford

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  • General Dynamics Corp GD business unit General Dynamics Electric Boat has secured a modification of the previously awarded U.S. Navy contract for the repair, maintenance, and modernization of the submarine USS Hartford (SSN 768).

  • The contract modification has a value of $697.9 million. USS Hartford is a Los Angeles-class submarine built by General Dynamics Electric Boat and commissioned in 1994.

  • The company will perform the work at its shipyard in Groton, Connecticut, and complete it by October 2026.

  • Price Action: GD shares are trading higher by 0.99% at $226.01 on the last check Friday.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Image and article originally from www.benzinga.com. Read the original article here.

Akanksha Bakshi

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