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Monday, 4 April 2016

US Navy Awards GD Bath Iron Works $644 Million for Construction of Flight III DDG 51 Class Destroyer

The U.S. Navy has awarded funding for the planning and construction of DDG 124, the Fiscal Year 2016 Arleigh Burke-class destroyer under contract at General Dynamics Bath Iron Works. The $644.3 million contract modification fully funds this ship, which was awarded as part of a multi-year competition for DDG 51 class destroyers awarded in 2013. The total value of the five-ship contract is approximately $3.4 billion. General Dynamics Bath Iron Works is a business unit of General Dynamics.

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