Bath Iron Works Awarded $46 Million Contract for DDG 1000 Services

BATH, Maine – The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $45.8 million contract option to provide services associated with the detail design and construction of the DDG 1000 Zumwalt-class destroyer. The contract being modified was initially awarded in February 2008.

Under this award, Bath Iron Works (BIW) will continue to provide services for the DDG 1000 program, including configuration management and maintenance of class design products; program management; configuration and data management; system and ship integration services; production engineering services; and ship system segment management.

In February 2008, the Navy awarded BIW the contract to build the first Zumwalt-class destroyer (DDG 1000), which is scheduled to be delivered to the Navy in 2013. DDG 1000 represents the Navy’s next generation of multi-mission surface combatants which will provide a broad range of capabilities that are vital both to supporting the global war on terror and to fighting and winning major combat operations.

Dugan Shipway, president of Bath Iron Works, said, “This award confirms the U.S. Navy’s ongoing commitment to bring this next generation destroyer to the fleet. The shipbuilders of BIW welcome the award and are encouraged by the confidence expressed by the U.S. Navy, members of Congress and supporters of this program as we continue to work together to build this much-needed ship.”

Bath Iron Works of Bath, Maine is a leader in the design and construction of surface combatants for the United States Navy and is the lead designer and builder of the Arleigh Burke (DDG 51) class of AEGIS destroyers. The company employs approximately 5,900 people.

General Dynamics, headquartered in Falls Church, Va., employs approximately 91,200 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.gd.com.

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