General Dynamics Bath Iron Works Awarded Contract for Additional DDG 51 Destroyer
General Dynamics (NYSE:GD) announced that its Bath Iron Works unit has been awarded a U.S. Navy contract option for an additional DDG 51 destroyer, expanding their multi-year contract from 2023. The company currently has seven destroyers under construction, including Flight IIA Arleigh Burke-class destroyers and Flight III configuration vessels.
Bath Iron Works President Charles F. Krugh highlighted the company's improved construction process and schedule recovery efforts. General Dynamics, which employs over 110,000 people globally, reported revenue of $47.7 billion in 2024.
General Dynamics (NYSE:GD) ha annunciato che la sua unit脿 Bath Iron Works ha ottenuto un'opzione contrattuale dalla Marina degli Stati Uniti per un ulteriore cacciatorpediniere DDG 51, ampliando cos矛 il contratto pluriennale iniziato nel 2023. Attualmente, l'azienda ha sette cacciatorpediniere in costruzione, inclusi quelli della classe Arleigh Burke Flight IIA e unit脿 con configurazione Flight III.
Il presidente di Bath Iron Works, Charles F. Krugh, ha sottolineato i miglioramenti nel processo di costruzione e gli sforzi per il recupero dei tempi di consegna. General Dynamics, che impiega oltre 110.000 persone a livello globale, ha riportato un fatturato di 47,7 miliardi di dollari nel 2024.
General Dynamics (NYSE:GD) anunci贸 que su unidad Bath Iron Works ha recibido una opci贸n de contrato de la Marina de los EE. UU. para un destructor DDG 51 adicional, ampliando su contrato multianual desde 2023. Actualmente, la compa帽铆a tiene siete destructores en construcci贸n, incluyendo destructores de la clase Arleigh Burke Flight IIA y buques con configuraci贸n Flight III.
El presidente de Bath Iron Works, Charles F. Krugh, destac贸 las mejoras en el proceso de construcci贸n y los esfuerzos para recuperar el calendario. General Dynamics, que emplea a m谩s de 110,000 personas a nivel mundial, report贸 ingresos de $47.7 mil millones en 2024.
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General Dynamics (NYSE:GD) a annonc茅 que sa division Bath Iron Works a obtenu une option de contrat de la Marine am茅ricaine pour un destroyer DDG 51 suppl茅mentaire, 茅tendant ainsi leur contrat pluriannuel 脿 partir de 2023. L'entreprise a actuellement sept destroyers en construction, comprenant des destroyers de classe Arleigh Burke Flight IIA et des navires configur茅s en Flight III.
Charles F. Krugh, pr茅sident de Bath Iron Works, a soulign茅 les am茅liorations du processus de construction et les efforts pour rattraper le calendrier. General Dynamics, qui emploie plus de 110 000 personnes dans le monde, a d茅clar茅 un chiffre d'affaires de 47,7 milliards de dollars en 2024.
General Dynamics (NYSE:GD) gab bekannt, dass seine Einheit Bath Iron Works eine Vertragsoption der US Navy f眉r einen weiteren DDG 51 Zerst枚rer erhalten hat, womit ihr mehrj盲hriger Vertrag ab 2023 erweitert wird. Das Unternehmen hat derzeit sieben Zerst枚rer im Bau, darunter Arleigh Burke-Klasse Zerst枚rer der Flight IIA und Schiffe mit Flight III Konfiguration.
Bath Iron Works Pr盲sident Charles F. Krugh hob die verbesserten Bauprozesse und Bem眉hungen zur Zeitplanwiederherstellung hervor. General Dynamics, das weltweit 眉ber 110.000 Mitarbeiter besch盲ftigt, meldete f眉r 2024 einen Umsatz von 47,7 Milliarden US-Dollar.
- Secured additional U.S. Navy contract for DDG 51 destroyer construction
- Currently executing construction of seven destroyers, demonstrating strong order backlog
- Improving construction process and schedule recovery, indicating operational efficiency gains
- Previous schedule delays implied by mention of 'clawing back schedule'
Insights
GD secures additional Navy destroyer contract, strengthening backlog and showcasing production improvements at Bath Iron Works facility.
General Dynamics has secured an important contract expansion with the U.S. Navy, adding another DDG 51 Arleigh Burke-class destroyer to their existing multi-year agreement. This contract represents significant
The announcement highlights Bath Iron Works' ongoing shipbuilding operations, which include seven destroyers currently under construction - two in the Flight IIA configuration and five in the more advanced Flight III variant. Most notably, President Krugh's comments about "clawing back schedule" indicate the facility has been addressing production efficiency issues - a critical factor for investor confidence given the historical challenges with naval shipbuilding profitability and timelines.
This contract addition wasn't unexpected given it resulted from Congressional appropriation rather than a competitive bid, but it nevertheless provides valuable workload stability for Bath Iron Works. For context, DDG 51 destroyers typically represent
The new vessel will likely leverage the established Flight III design with its advanced radar systems and combat capabilities, minimizing design risk while maintaining production continuity. For General Dynamics, maintaining a steady shipbuilding cadence is essential for workforce retention and operational efficiency in the specialized naval construction sector.
"We are proud to be selected to build this ship for the
Bath Iron Works currently has under construction the听Flight IIA听Arleigh Burke-class destroyers听Harvey C. Barnum Jr. (DDG 124) and Patrick Gallagher (DDG 127) as well as the Flight III configuration destroyers Louis H. Wilson Jr. (DDG 126), William Charette (DDG 130),听Quentin Walsh (DDG 132), John E. Kilmer (DDG 134) and Richard G. Lugar (DDG 136).
General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 110,000 people worldwide and generated
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