DIEGO, Oct. 13, 2023 /PRNewswire/ -- General
Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD),
announced today it was awarded a contract by the U.S. Navy for the
maintenance, modernization and repair of USS Chung-Hoon (DDG 93)
and USS James E. Williams (DDG 95). The contract for an initial
$15.6 million includes options that,
if exercised, would bring the cumulative value to $753.8 million.
"NASSCO and our industry partners are looking forward to
executing a pair of successful availabilities and are thankful the
Navy has sole-sourced the contract to us to lead this effort," said
Dave Baker, vice president of Repair
for General Dynamics NASSCO. "Much like our recent success with the
modernization on USS Pinckney, our repair team is ready to tackle
another opportunity with our Navy partners and get these ships back
to the fleet in a timely manner."
Work will be performed in Norfolk,
Virginia, and San Diego,
California. If all options are exercised, work will continue
through November 2030.
General Dynamics NASSCO specializes in the design and
construction of ships for the U.S. Navy and commercial markets, as
well as repair services for the U.S. Navy, with capabilities in
San Diego, Norfolk, Mayport, and Bremerton. General
Dynamics is a global aerospace and defense company that offers a
broad portfolio of products and services in business aviation; ship
construction and repair; land combat vehicles, weapons systems and
munitions; and technology products and services. General Dynamics
employs more than 100,000 people worldwide and generated
$39.4 billion in revenue in 2022.
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SOURCE General Dynamics NASSCO