General Dynamics Bags USN's VPM Development Contract

by Joseph R. Fonseca
Friday, June 5, 2015

The U.S. Navy has awarded General Dynamics Electric Boat a $6.5 million contract modification to support development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics.

The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines. The section will extended the hull by 70 to 80 feet and boost strike capacity by 230 percent while increasing the cost by less than 15 percent.

This modification is part of an overall engineering contract supporting the Virginia Class Submarine Program. The contract was initially awarded in 2010 and has a potential value of $965 million.

Categories: Contracts Environmental Finance Legal Marine Equipment Offshore People & Company News Shipbuilding Technology Underwater Engineering Vessels Eye on the Navy Navy

Related Stories

Despite $600m Middle East Hit, Hapag-Lloyd Q2 Results are Strong

Shuttle Tankers: A Distinct Vessel Breed, a Niche Market

Inland Tank-Barge Safety Guide Updated

Current News

Despite $600m Middle East Hit, Hapag-Lloyd Q2 Results are Strong

Strong Vessel Demand, Rates Lift Maersk Outlook

Ballast Water Tech: ERMA FIRST’s Portfolio for Shipping's Next Chapter

The US Says More Oil is Leaving the Middle East, but is it really?

Subscribe for Maritime Logistics Professional E‑News