General Dynamics Bath Iron Works, a subsidiary of General Dynamics (GD), announced that the U.S. Navy has exercised an option to include another DDG 51 destroyer in the multi-year contract awarded in 2023.
The shipyard is currently constructing several Arleigh Burke-class destroyers, including the Flight IIA ships Harvey C. Barnum Jr. (DDG 124) and Patrick Gallagher (DDG 127), and the more advanced Flight III configuration vessels Louis H. Wilson Jr. (DDG 126), William Charette (DDG 130), Quentin Walsh (DDG 132), John E. Kilmer (DDG 134), and Richard G. Lugar (DDG 136).
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.