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  • Monday,July 1

General Dynamics awarded US$1.63 billion contract to build additional ESBs for US Navy

General Dynamics NASSCO, a subsidiary of General Dynamics, has been awarded a US$1.63 billion contract by the US Navy for the construction of the sixth and seventh ships of the Expeditionary Sea Base (ESB) programme, as well as an option for an additional vessel.

The contract provides US$1.08 billion as a fixed-price-incentive modification to a previous contract for the design and construction of the two ships, with an option for the third that, if exercised, would bring the total cumulative value to US$1.63 billion.

Work on the two new ships of the ESB programme is scheduled to begin in the first quarter of 2020 and continue to the second quarter of 2023.

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