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GD subsidiary in Norfolk wins potential $123.3M contract
General Dynamics NASSCO-Norfolk to work on USS Porter
Beth Jojack //October 24, 2024//
GD subsidiary in Norfolk wins potential $123.3M contract
General Dynamics NASSCO-Norfolk to work on USS Porter
Beth Jojack //October 24, 2024//
General Dynamics NASSCO, a Norfolk subsidiary of Reston aerospace and defense giant General Dynamics, was awarded a U.S. Navy contract worth up to $123.3 million last week for maintenance, modernization and repair of the USS Porter destroyer during fiscal 2025.
The base amount of the firm fixed price contract to General Dynamics NASSCO-Norfolk is $686,843. The contract covers all labor, supervision, equipment, production, testing, facilities and quality assurance on the Arleigh Burke-class guided missile destroyer.
General Dynamics, a global aerospace and defense company, bought Nassco Holdings for $415 million in 1998. General Dynamics NASSCO acquired two Port of Hampton Roads shipyards in 2011 and 2012, creating NASSCO-Norfolk. The subsidiary specializes in the design and construction of Navy and commercial ships and is a major provider of repair services for the U.S. Navy.
General Dynamics employs more than 100,000 people worldwide and generated $42.3 billion in revenue in 2023
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