General Dynamics Bags USN's VPM Development Contract

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.

Logistics News

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

Subscribe for Maritime Logistics Professional E‑News

Malaysia Prime Minister confident on resolving Petronas-Petros dispute
Russian gas exports to Europe fell by 44% between January and April, according to data
Australia's Qantas leaps on the oil price drop and eases fuel cost concerns