Updated May 2 at 9:45am

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DEFENSE INDUSTRY

EB lands $17.5M Navy contract modification

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GROTON, Conn. – General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services.

Under the contract, announced Thursday, Electric Boat will perform reactor-plant planning yard services for nuclear submarines and support yard services for moored training ships.

The contract was initially awarded in Nov. 2011 and has the potential for a total value of $121.6 million through 2016 if all options are exercised and funded.

This work will engage Electric Boat’s engineering and design organization, which is comprised of more than 4,000 employees.

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