Bath Iron Works Awarded $197 Million for Work on DDG 1000 ZUMWALT Class Destroyers

BATH, Maine – The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $197 million contract modification to continue work on the new DDG 1000 Zumwalt Class of destroyers. Work to be performed includes long lead material procurement and pre-production planning to support detail design and ship construction. The contract being modified was originally awarded in August 2006.

The Zumwalt class of ships represents the Navy’s next generation of multi-mission surface combatants which will provide a broad range of capabilities that are vital both to supporting the Global War on Terror and to fighting and winning major combatant operations.

Dugan Shipway, president of Bath Iron Works, commented, “This modification is the result of efforts by many men and women in Congress, the Navy and the shipbuilding industry who are dedicated to moving this important program forward. We are deeply committed to the success of the program and we are continuing to use our existing backlog of DDG 51 Class ships to leverage improvements into our ship construction processes that will result in a high-quality, more affordable DDG 1000 for the U. S. Navy.”