Capital Allocation: General Dynamics NASSCO Contracted for $53M+ Naval Maintenance

General Dynamics NASSCO, San Diego, California, is awarded a $53,137,125 cost-plus-fixed-fee modification to previously awarded contract N0002423C4424 to exercise options for the accomplishment of ship alteration 79521K, AN/SLQ-32(V)7 under the USS Chung-Hoon (DDG 93) and USS James E. Williams (DDG 95) Fiscal 2024 Depot Maintenance Period availabilities. The scope of this acquisition includes all labor, materials, supervision, equipment, production, testing, facilities, and quality assurance necessary to prepare for and accomplish the critical modernization efforts under the Chief of Naval Operations availabilities. Work will be performed in Norfolk, Virginia (53%); and San Diego, California (47%), and is expected to be completed by April 2024. Fiscal 2023 other procurement, Navy funds in the amount of $2,000,000 (100%) will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command, Washington, D.C., is the contracting activity.