Tag Archives: General Dynamics

Spain just spent $680 million on a submarine that can’t swim

The S-80, clearly computer-generated.Navartia

One of Spain’s largest defense splurges may also be one of its most embarrassing. After spending nearly one-third of a $3 billion budget to build four of the world’s most advanced submarines, the project’s engineers have run into a problem: the submarines are so heavy that they would sink to the bottom of the ocean.

Miscalculations by engineers at Navantia, the construction company contracted to built the S-80 submarine fleet, have produced submarines that are each as much as 100 tonnes (110 US tonnes) too heavy. The excess weight sounds paltry compared to the 2,000-plus tonnes (2,205 US tonnes) that each submarine weighs, but it’s more than enough to send the submarines straight to the ocean’s floor.

Given the mistake, Spain is going to have to choose between two costly fixes: slimming the submarines down, or elongating them to compensate for the extra fat. All signs point to the latter, which will be anything but a breeze—adding length will still require redesigning the entire vessel. And more money on top of the $680 million already spent.

Spain’s defense ministry, the government arm responsible for overseeing the project, has yet to say how much the setback will cost in both time and money. But Navantia has already estimated that its mistake will set the project back at least one or, more likely, two years. And the Spanish edition of European news site The Local reported that each additional meter added to the S-80s, already 71 meters in length, will cost over $9 million.

It’s a costly mistake on many fronts. The state-of-the-art submarines were meant to be the first entirely Spanish-designed and built. Incompetence is likely going to cost the country at least some of the glory. Electric Boat, a subsidiary of US-based technology firm General Dynamics, has already evaluated the project and could be hired as a consultant to save the job.

Another bailout for Spain. This is getting all too familiar.

Source – Quartz

GD Awarded ‘USS Mississippi’ Maintenance Contract

USS Mississippi in River Thames

USS Mississippi in River Thames

General Dynamics Electric Boat awarded a US$ 51.7-million Navy contract for maintenance work on the submarine ‘USS Mississippi’.

The contract is to to plan and perform the post-shakedown availability (PSA) on the nuclear submarine USS Mississippi (SSN-782). (Electric Boat is a wholly owned subsidiary of General Dynamics).

The PSA includes maintenance, repairs, alterations and testing. It will be performed at Electric Boat’s Groton shipyard. Up to 400 employees will be engaged in the work, which is scheduled for completion by December 2013. Initially awarded in April 2012, the contract has a total potential value of $67 million.

In May 2012, Electric Boat delivered Mississippi to the U.S. Navy a year ahead of contract schedule and more than US$60-million below target cost.
Mississippi is the ninth ship of the Virginia Class, the most advanced submarines in the world. These ships are providing the Navy with the capabilities it requires to retain its undersea dominance well into the 21st century.

Source – Marine Link

General Dynamics Gets Trio of Submarine Contracts

Electric Boat, a wholly owned subsidiary of General Dynamics Corporation (GD – Analyst Report), procured three contracts worth $4.6 billion from the U.S Navy for designing and development of the next-generation strategic deterrent submarine. The contracts also included the task of construction and purchasing of materials for Virginia-class attack submarines.

Per the first contract worth $1.85 billion with a span period of five years, the company will perform research and development work for the next-generation strategic deterrent submarine under the Ohio Replacement Program. The construction for this new class of ballistic-missile submarine is expected to begin in 2021. Simultaneously, the company will continue to develop Common Missile Compartment for Ohio Replacement submarines and the UK Successor-class ballistic-missile submarine. Common Missile Compartment is jointly owned by the U.S. Navy and Royal Navy.

The company also received a contract to build two Virginia-class submarines, South Dakota (SSN-790) and Delaware (SSN-791). These two ships are the 17th and 18th ships of the class. The contract worth $2.5 billion will be performed jointly by Electric Boat and its team mate Newport News Shipbuilding, a division of Huntington Ingalls Industries, Inc. (HII).

Per the third contract worth $308 million, the company will purchase long lead-time materials for SSN-792, SSN-793 and SSN-794. Till date, these Virginia-class submarines have not been named.

Electric Boat has specialty in performing tasks for Virginia-class submarines. Of late in November 2012, Electric Boat had also received a contract modification to provide research and development and lead-yard services for Virginia-class nuclear-powered attack submarines.

The company believes that these contracts will bring in stability to the submarine industrial base, thereby helping it to accomplish greater cost reduction through improved efficiencies. Moreover, these contracts also demonstrate the Navy’s confidence in the ability of General Dynamics.

General Dynamics is well equipped to build nuclear-powered submarines in the U.S. Also, some acquisitions make the company more capable to perform its tasks well. In December 2012, General Dynamics had acquired Applied Physical Sciences Corporation that became a part of General Dynamics Electric Boat. This acquisition will allow the company to provide more competent submarines that will help in maintaining global undersea dominance.

Based in Falls Church, Virginia, General Dynamics engages in mission-critical information systems and technologies; land and expeditionary combat vehicles, armaments and munitions; shipbuilding and marine systems; and business aviation. General Dynamics’ revenue exposure is spread over a broad portfolio of products that allows to keep the overall growth momentum steady.

Source – Zacks

General Dynamics Awarded $41 Million for Submarine Maintenance and Modernization

EB_News-landing-page

GROTON, Conn. –General Dynamics Electric Boat has been awarded a U.S. Navy contract worth $41 million to perform non-nuclear submarine modernization and maintenance work. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the contract, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the Naval Submarine Base here, providing a wide range of non-nuclear overhaul, repair and modernization services in support of submarines, floating dry docks, support and service craft and other equipment at the base. About 250 Electric Boat employees will be engaged in the work.

The contract includes four annual options. If these options were exercised, the cumulative value of the contract would be $222.3 million

More information about General Dynamics is available on the Internet at www.generaldynamics.com

Source – General Dynamics Website.