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General Dynamics NASSCO awarded ship repair contract valued at up to $754 million

PR Newswire - Fri Oct 13, 2023

SAN DIEGO, Oct. 13, 2023 /PRNewswire/ -- General Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD), announced today it was awarded a contract by the U.S. Navy for the maintenance, modernization and repair of USS Chung-Hoon (DDG 93) and USS James E. Williams (DDG 95). The contract for an initial $15.6 million includes options that, if exercised, would bring the cumulative value to $753.8 million.

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