Per the deal terms, Huntington's (HII) Newport News division will also provide continued design support efforts, as well as the construction and delivery of six module sections for each of the first two Columbia-class submarines.
General Dynamics' (GD) DDG 51 ships gain widespread importance within the U.S. Naval forces as these warships are equipped with Aegis Weapon System.
General Dynamics' (NYSE: GD) ship is finally coming in. The defense contractor has secured a $9.47 billion deal to complete construction of the first Columbia-class ballistic missile submarine and begin work on a second boat. The contract, though expected, alleviates any lingering concerns that General Dynamics' most important contract would be delayed or get caught up in post-election budgeting squabbles.