General Dynamics (GD) was awarded a $2.28B cost-only modification to a previously awarded contract for additional advance procurement and advance construction Columbia-class fleet ballistic missile submarine hulls, and to support additional program execution in accordance with Defense Federal Acquisition Regulation Supplement. Work is expected to be completed by December 2031. No funding will be obligated at the time of award. FY26 National Sea-Based Deterrence Fund funds in the amount of $2.23B and FY26 other procurement funds in the amount of $54.22M, will be obligated at the time made available and will not expire at the end of the current fiscal year. Naval Sea Systems Command was the contracting activity.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GD:
- BAE Systems (BAESF) Partners with General Dynamics (GD) in Search of Arctic Expansion
- AI Daily: Anthropic says Chinese hackers use company AI in cyberattacks
- GDIT expands collaboration with Google Public Sector over AI solutions
- LMT,BA,NOC,GD: Norwegian Wealth Fund Set to Tear up Ethical Rules and Invest in Defense
- U.S. Defense Stocks Rise as Gaza and Ukraine Wars Boost Global Arms Demand