General Dynamics’ Bath Iron Works subsidiary has booked a modification contract from the U.S. Navy to continue providing support services for the DDG 51 Class lead yard.
General Dynamics Bath Iron Works Contract Modification Details
The Department of Defense said Wednesday the company will receive $82.3 million for the cost-plus-award-fee contract. It will conduct the bulk of the project in Bath and Brunswick, Maine while the remaining work will be done in Washington, D.C. The project is expected to be completed by November 2025.
As the contracting activity, the Naval Sea Systems Command will obligate the initial funds from the Navy’s shipbuilding and conversion funds. An amount of $22.1 million will come from the 2022 funds while around $7 million will each be allocated from the 2021 and 2020 funds. Around $3.2 million will be received from the 2018 funds while $2 million each will be obligated from the 2015 and 2019 funds. Finally, the fiscal 2017 funds will contribute $418,061 for the project. The amount of $10.4 million will expire at the end of the current fiscal year.
