Government Industry
Industry: Email Alert RSS FeedNNS, EB awarded contract for firt Virginia-class SSNs
Sea Power, Nov 1998
The Navy has given the green light to General Dynamics Electric Boat and Newport News Shipbuilding (NNS) to build the first four Virginia-class nuclear-powered attack submarines (SSNs). The two shipbuilders have agreed, in accordance with a unique working relationship developed with the Navy's cooperation, to divide the $4.2 billion contract award for the program, formerly known as the NSSN (New Attack Submarine) program.
Under the terms of the contract, Electric Boat (EB) and NNS will share construction of the four submarines. Electric Boat is scheduled to deliver the Virginia-lead ship of the class-in 2004, and the third hull in 2006; Newport News Shipbuilding is scheduled to deliver the second and fourth hulls in 2005 and 2007, respectively.
Most RecentGovernment Articles
"With our partners at Newport News Shipbuilding, we look forward to turning that design into the world's most advanced submarine," said General Dynamics Chairman and CEO Nicholas D. Chabraja. "Together we will give the U.S. Navy a superb 21 stcentury system that will be capable, flexible, and affordable."
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Going mad over Mr Depp
- OAISYS Introduces SIP Trunk Integration and Speech Analytics Capabilities for Talkument and Tracer Call Recording Solutions
- 3PAR Utility Storage Expands Into South Africa With New Customer Bateman Engineering
- U.S. Dentist Helps Save African Rhinos From Extinction
- Cisco, GDSYS and Incheon Metropolitan City Collaborate in Building Next-Generation Green Data Center
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Shorting the short sellers - combatting the short sellers of stocks - includes related article - CEO Finance
- ORGANIZATION DEVELOPMENT IN INDIA
- Skip-level meetings can ease restructuring - includes suggested skip-level interview questions
- The dynamics of international business negotiations
