OREANDA-NEWS. January 16, 2013. General Dynamics Electric Boat has been awarded a USD 51.7 million contract modification by the U.S. Navy to plan and perform the post-shakedown availability (PSA) on the nuclear submarine USS Mississippi (SSN-782). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The PSA includes maintenance, repairs, alterations and testing. It will be performed at Electric Boat’s Groton shipyard. Up to 400 employees will be engaged in the work, which is scheduled for completion by December 2013.

Initially awarded in April 2012, the contract has a total potential value of USD 67 million.

In May 2012, Electric Boat delivered Mississippi to the U.S. Navy a year ahead of contract schedule and more than USD 60 million below target cost.

Mississippi is the ninth ship of the Virginia Class, the most advanced submarines in the world. These ships are providing the Navy with the capabilities it requires to retain its undersea dominance well into the 21st century.