General dynamics nassco awarded $1.4 billion to build u.s. navy ships

Contract modifications provide full funding for three ships – esb 8, t-ao 211, and t-ao 212; and an option to build t-ao 213 san diego , aug. 5, 2022 /prnewswire/ -- general dynamics nassco, a subsidiary of general dynamics (nyse: gd), announced today that it received $1.4 billion in u.s. navy contract modifications for construction of a sixth expeditionary sea base ship (esb 8) and two additional john lewis-class fleet oilers (t-ao 211 and 212). this award comes in addition to $600 million already received to procure long-lead time materials for the same ships.
GD Ratings Summary
GD Quant Ranking