General Dynamics Unit Wins $59 Mln Contract

General Dynamics said Thursday that its subsidiary General Dynamics Bath Iron Works has been awarded a $59 million contract by the U.S. Navy for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. Shares were down 1.2% in recent trading.

The contract extends the services for engineering, technical support, special studies and Flight III design work for Arleigh Burke-class ships through December 2017. The Flight III upgrades include a more powerful missile defense radar, increased shipboard power production and hull enhancements. Bath Iron Works has provided design and technical assistance for design upgrades and major changes fo