Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

General Dynamics Secures $600M In US Navy Contract Modifications

US Navy GD General Dynamics Corp NYSE
  • General Dynamics Corp (NYSE:GD) subsidiary General Dynamics NASSCO has secured $600 million in U.S. Navy contract modifications for long-lead-time material for three ships.
  • This contract will support the construction of the seventh and eighth ships in the John Lewis-class fleet oiler (T-AO) program and the sixth ship in the Expeditionary Sea Base (ESB) program.
  • The contract modifications for long-lead-time material provide $500 million for T-AO 211 and 212 and $100 million for ESB 8.
  • Construction is scheduled to begin in 3Q23 and continue into 2027.
  • Price Action: GD shares are trading lower by 0.40% at $219.60 on the last check Wednesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
As Arcane nears its end, its creators tease the Black Rose is still 'an integral part of season 2', but they won't confirm if the group is the hit Netflix show's main villain
Arcane's showrunners haven't ruled out the possibility of some Black Rose members making physical appearances in season 2's last three episodes.
TechRadar
TechRadar
As AI and megaplatforms take over, the hyperlinks that built the web may face extinction
The original idea for the world wide web emerged in a flurry of scientific thought around the end of World War II. It began with a hypothetical machine called the “memex”, proposed by US Office of Scientific Research and Development head Vannevar Bush in an article entitled As We May…
The Conversation
The Conversation
Beyonce to Perform Halftime Show of Netflix's NFL Ravens-Texans Christmas Day Game
Beyonce will be giving a performance at halftime during the Christmas Day clash between the Houston Texans and Baltimore Ravens, streamed on Netflix.
Sports Illustrated
Sports Illustrated
These are the five most-hated side dishes to avoid this Thanksgiving
From cranberry sauce to pecan pie, don’t waste your time making these Thanksgiving side dishes this year
The Independent UK
The Independent UK
If reason can’t save the world, no wonder magic and superstition are on the rise
Exorcisms are booming, witchcraft is having a moment, Tucker Carlson says he was attacked by a demon. It makes as much sense as anything at a time of climate crisis, war and Trump
The Guardian - UK
The Guardian - UK
Map: Pearl Clutchers in Hot Spring County
A rural Arkansas county files more than twice as many FCC complaints per resident than anywhere else in the United States.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play