General Dynamics expects major contract for Ohio Replacement by end of year

By Jason Sherman / October 26, 2016 at 4:57 PM
General Dynamics expects the Navy to award a contract to commence detailed design and construction of the Ohio-class replacement submarine program by the end of the year, the top executive of the defense contractor said this week, providing new insight into the revised schedule for the high-profile program. Phebe Novakovic, General Dynamics chairman and chief executive officer, said during an Oct. 26 earnings call with investment bankers today that the company proposed to a detailed design to the Navy for...

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