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CURRENT ISSUE

BEATING THE PIRATES
What's the best way for a shipowner to avoid having a ship hijacked by pirates?

Reroute the ship even if it means a huge diversion
Stay within recommended safe limits and patrolled areas
Hire an on-board security team
Just hope for the best

November 17, 2008

Electric Boat gets contract worth potential $1.8 billion

General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $285,943,240 cost plus fixed fee contract for design agent, planning yard, engineering, and technical support for active nuclear submarines. This contract includes options which, if exercised, would bring the cumulative value of the contract to an estimated $1,788,110,840. The contract provides for drawings and related technical data; design change documentation; logistics technical data; configuration management; hull, mechanical and electrical engineering; submarine safety design review; non-propulsion plant electrical system engineering; propulsion plant engineering; information services; maintenance engineering; refit/availability technical support; on-site support; configuration change program design and installation support; configuration change program material support; submarine technical trade support; training and facility support; RDT&E program support; R&D submarine/submersibles support; miscellaneous special studies; temporary alteration support; modernization of submarine/submersible systems/subsystems; and affordability/cost reduction technical support. Work will be performed in Groton, Conn., (73 percent); Kings Bay, Ga., (11 percent); Bangor, Wash., (8 percent); Quonset, R.I., (6 percent); and Newport, R.I., (2 percent), and is expected to be completed by Oct. 2009. Contract funds in the amount of $34,313,188 will expire at the end of the fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.


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