General Dynamics' NASSCO Wins $91M Deal to Repair USS CVN 77

General Dynamics Corp.s GD business subsidiary, National Steel and Shipbuilding Co. (NASSCO), recently secured a $91.5-million modification contract for performing fiscal 2019 dry-docking phased maintenance work on the USS George H.W. Bush (CVN 77) super carrier ship. The deal was awarded by the Mid-Atlantic Regional Maintenance Center, Norfolk, VA.Details of the DealPer the deal, General Dynamics will execute planning and depot-level maintenance, alterations, and modifications to upgrade and improve the CVN 77 military and technical capabilities.Work related to the deal will be performed in Portsmouth, VA and is expected to get completed by February 2021. The company will utilize fiscal 2019 operations and maintenance (Navy) funds to finish the task.A Brief Note on General Dynamics NASSCOGeneral Dynamics business subsidiary NASSCO, based in the San Diego industrial area, has been designing and building ships since 1960. It focuses on designing and building supplementary and support ships for the U.S. Navy as well as oil tankers and dry cargo carriers for the commercial markets. NASSCO also specializes in conducting full-service maintenance and surface-ship repair operations for the Navys global force.What Favors General Dynamics?NASSCO, between 2014 and 2017, constructed and delivered eight LNG-conversion-ready product tankers for commercial customers. This reflects the subsidiarys strong potential in generating revenues for General Dynamics.Furthermore, the fiscal 2019 defe....

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