Bath Iron Works Awarded $111 Million for DDG 1001 and DDG 1002 Advanced Material Procurement and Support

BATH, Maine, Aug. 5, 2011 /PRNewswire/ -- The U. S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $110.8 million modification to a previously awarded contract for long-lead construction for DDG 1001, procurement of long-lead-time material for DDG 1002 and engineering, production and support services.  The original contract was awarded in February 2008.  Work encompassed by this modification is expected to be completed by October 2011.

Jeff Geiger, president of Bath Iron Works, said, "This award is another indication of the Navy's commitment to the DDG 1000 program and its confidence in our ability to efficiently construct and deliver all three ships of the Zumwalt class.  We are making good progress on the lead ship, Zumwalt (DDG 1000), which is approximately 50 percent complete, and this modification enables us to keep our workforce engaged and build momentum on the two remaining ships in the class."

More information about General Dynamics Bath Iron Works can be found at www.gdbiw.com.

More information about General Dynamics is available at www.gdbiw.com.

SOURCE General Dynamics Bath Iron Works

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