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Thursday, Oct 6, 2022
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Nassco Gets Navy Maintenance Deal

The U.S. Navy has awarded General Dynamics Nassco a contract to maintain and provide repair services for seven San Diego-based frigates. Nassco announced the deal Aug. 17.

The contract has a potential value, if all options are exercised, of $75 million through 2012.

General Dynamics Nassco is located in Barrio Logan and has 4,600 San Diego employees.

Parent company General Dynamics is traded on the NYSE under the symbol GD.

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, Preet Anand

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