General Dynamics Wins Design Work on MLP Vessel

The Department of Defense awarded General Dynamics' (NYSE: GD  ) National Steel and Shipbuilding Company subsidiary, or NASSCO, a "not-to-exceed" $11.2 million contract modification Monday, hiring NASSCO to draw up detailed designs for Afloat Forward Staging Base, or AFSB, modifications to the U.S. Mobile Landing Platform vessels MLP 3 and MLP 4.

NASSCO built the Navy's first MLP, the USNS Montford Point -- MLP-1 -- and recently delivered it to the Navy. The company is now in the process of building MLP-2, which is scheduled for delivery in Q1 2014, and MLP-3, on which it began work in February.

MLP-3 and MLP-4 are both expected to be designed as AFSBs, an MLP variant that will feature an enlarged flight deck for operating helicopters and tilt-rotor aircraft on special operations and mine-sweeping missions.

NASSCO's design work on the new variants contract should be complete by November.

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Rich Smith

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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