General Dynamics (GD) Wins $203M Contract for DDG 51 Combat Ships

Details of the Deal The options included in this contract, on being exercised, should bring the cumulative value of this contract to $1.13 billion. Nations across the globe are fortifying their defense spending on military weapons and arsenals as they look to strengthen their defense capabilities. This also includes augmented spending on navy ships for enhanced sea warfare capabilities. Notably, General Dynamics' DDG-51 Arleigh Burke-class guided-missile destroyers witness significant demand owing to their ...