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WKN: 851143 | ISIN: US3695501086 | Ticker-Symbol: GDX
Tradegate
24.02.25
20:24 Uhr
234,45 Euro
+2,05
+0,88 %
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GENERAL DYNAMICS CORPORATION Chart 1 Jahr
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ACCESS Newswire
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General Atomics Electromagnetic Systems: General Atomics Awarded Contract From General Dynamics Electric Boat for Virginia-Class Payload Tube Manufacturing

Finanznachrichten News

SAN DIEGO, CALIFORNIA / ACCESS Newswire / February 24, 2025 / General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract from General Dynamics Electric Boat to fabricate and deliver three shipsets of Virginia Payload Tubes (VPT) to be utilized on Block VI Virginia-class submarines. Each shipset includes two payload tubes. Under the terms of the contract, GA-EMS will complete delivery of the VPTs by the end of 2030.

"This contract follows a 2023 contract award for a single VPT shipset that qualified GA-EMS as a viable supplier with proven manufacturing capability to fabricate and deliver complex, safety-critical components for use on Navy submarines," stated Scott Forney, president of GA-EMS. "We are excited to continue working with Electric Boat to apply our world-class fabrication and precision machining capabilities, experienced program management, and engineering and quality assurance expertise to help ensure the VPTs are available on time to support an aggressive Virginia-class build schedule."

"As the submarine industrial base continues to expand amid supply chain and workforce retention challenges, we look forward to providing the critical capacity necessary to support multi-year procurement and sustainment programs such as this," stated Rolf Ziesing, vice president of GA-EMS Maritime Programs. "Under multiple contract awards and over several decades, we've been recognized for our expertise in developing and delivering components and systems for the Navy's surface warships, including the first of kind Electromagnetic Aircraft Launch and Advanced Arresting Gear systems for Ford-class carriers. We have undertaken continuous expansion of our manufacturing capabilities and footprint, while developing a highly skilled workforce at our Tupelo and Iuka, Mississippi manufacturing facilities. GA-EMS is well positioned to be a valued, stable resource for the development and production of complex components like the VPTs in support of the Navy's subsurface and surface shipbuilding enterprise."

Contact Information

General Atomics Electromagnetic Systems Media Relations
ems-mediarelations@ga.com
8589646989

.

SOURCE: General Atomics Electromagnetic Systems



View the original press release on ACCESS Newswire

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