General Dynamics (ticker: GD, exchange: New York Stock Exchange (.N))
News Release -
General Dynamics NASSCO Starts Construction of the Future USNS Medgar Evers
SAN DIEGO, April 15, 2010 /PRNewswire via COMTEX/ --General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today began construction of the future USNS Medgar Evers, the thirteenth ship of the U.S. Navy's T-AKE program. The Medgar Evers is named in honor of the U.S. Army veteran and civil rights pioneer from Mississippi. The ship is scheduled to be delivered to the Navy in the second quarter of 2012. When it joins the fleet, the Medgar Evers will be used primarily to stage U.S. Marine Corps equipment abroad by the Navy's Military Sealift Command.
General Dynamics NASSCO employs approximately 4,200 people and is the only major ship construction yard on the West Coast of the United States. NASSCO has delivered the first nine T-AKEs, which are also known as Lewis and Clark-class ships. The shipyard also has construction contracts for five additional T-AKEs for a total class of 14 ships. More information about NASSCO can be found at www.nassco.com.
General Dynamics, headquartered in Falls Church, Va., employs approximately 91,700 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
SOURCE General Dynamics NASSCO