Nathan Gain

News

Naval Group On Track with MCM program – Sets Foot in Belgium

The Belgian-Dutch Mine Counter Measure (MCM) program is making significant progress according to Naval Group. After the successful initial trials, the French shipbuilder is quietly progressing towards the industrialization phase. The current ramp-up phase will soon result in the creation of a dedicated subsidiary in Belgium by year-end.

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General Dynamics Electric Boat details Block V Virginia-class submarine record contract
News

General Dynamics Electric Boat details Block V Virginia-class submarines record contract

The U.S. Navy yesterday awarded General Dynamics Electric Boat a contract valued at $22.2 billion for the construction of 9 new Virginia-class submarines. The contract also includes the option of a tenth ship to be constructed within the contract time frame, bringing the total potential contract value to approximately $24.1 billion. Electric Boat is a wholly owned subsidiary of General Dynamics.

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