General Dynamics Bags $698M Contract Modification For Overhaul Of USS Hartford

Comments
Loading...
  • General Dynamics Corp GD business unit General Dynamics Electric Boat has secured a modification of the previously awarded U.S. Navy contract for the repair, maintenance, and modernization of the submarine USS Hartford (SSN 768).
  • The contract modification has a value of $697.9 million. USS Hartford is a Los Angeles-class submarine built by General Dynamics Electric Boat and commissioned in 1994.
  • The company will perform the work at its shipyard in Groton, Connecticut, and complete it by October 2026.
  • Price Action: GD shares are trading higher by 0.99% at $226.01 on the last check Friday.
Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!