5675 West Burlingame Road
Tucson, Arizona 85743
Phone: 520.744.1000
FOR RELEASE ON DECEMBER 16, 2014
Sargent Awarded Contract for VIRGINIA Submarine Program
Tucson, Arizona, December 16, 2014 – Sargent Aerospace & Defense, a premier supplier of precision
engineered components and aftermarket services, and an operating company within Dover Corporation
(NYSE: DOV), announced today that it has received a $90.4 million contract award from Newport News
Shipbuilding, a division of Huntington Ingalls Industries, for hydraulic components on the Block IV phase
of the U.S. Navy’s Virginia-class submarine program.
The multi-year Block IV contract issued to Electric Boat and its industry teammate Newport News
Shipbuilding provides construction of 10 additional Virginia-class submarines. Virginia-class submarines
are designed from the keel up for the full range of 21st century mission requirements, including antisubmarine and surface ship warfare and special operations support.
Sargent has specialized in technology for hydraulic components in critical applications such as
submarines for more than 60 years. “The Block IV contract issued to Sargent will provide production
deliveries into early 2019,” said Christopher Petersen, Plant Manager at Sargent Aerospace & Defense.
“Securing this contract is critical to Sargent and demonstrates the continued commitment of our
employees in support of the war fighter and our nation’s security.”
Virginia-class submarines displace 7,800 tons, with a hull length of 377 feet and a diameter of 34 feet.
They are capable of speeds in excess of 25 knots and can dive to a depth greater than 800 feet, while
carrying Mark 48 advanced capability torpedoes, Tomahawk land-attack missiles and unmanned
underwater vehicles.
Sargent’s customers, Electric Boat and Newport News Shipbuilding, have already delivered 11 Virginiaclass submarines to the Navy: USS Virginia (SSN774), USS Texas (SSN775), USS Hawaii (SSN776), USS
North Carolina (SSN777), USS New Hampshire (SSN778), USS New Mexico (SSN779), USS Missouri
(SSN780), USS California (SSN781), USS Mississippi (SSN782), USS Minnesota (SSN783) and USS North
Dakota (SSN 784). Nine additional submarines are under construction.
About Sargent
Founded in 1920, Sargent Aerospace & Defense is a premier global supplier of precision-engineered
customized components as well as flight-critical aftermarket aviation services. Leveraging over 90 years
of expertise, Sargent directly contributes to the safe operation of countless commercial and military
aircraft and rotorcraft, submarines and land-based vehicles. Sargent’s continuing investment in people,
assets, technology and process quality ensures excellence and is integral to the company’s commitment
to customers and their end-users. For more information, visit www.sargentaerospace.com.
About Dover Corporation
Dover is a diversified global manufacturer with annual revenues of $8 billion. We deliver innovative
equipment and components, specialty systems and support services through four major operating
segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines
global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial
Sargent Controls
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Airtomic
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Kahr Bearing
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Sonic
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Aftermarket Services
approach for nearly 60 years, our team of 28,000 employees takes an ownership mindset, collaborating
with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on
the New York Stock Exchange under “DOV.” Additional information is available at
www.dovercorporation.com.
About Huntington Ingalls Industries
Huntington Ingalls Industries (NYSE: HII) designs, builds and manages the life-cycle of the most complex
nuclear and conventionally-powered ships for the U.S. Navy and Coast Guard. For more than a century,
HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in
more ship classes than any other U.S. naval shipbuilder. HII also provides engineering and project
management services expertise to the commercial energy industry, the Department of Energy and other
government customers. Headquartered in Newport News, Virginia, HII employs more than 39,000
people operating both domestically and internationally. For more information, please visit
www.huntingtoningalls.com.
About Electric Boat
Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). General Dynamics Electric
Boat has established standards of excellence in the design, construction and lifecycle support of U.S.
Navy submarines. In its position as an industry leader, Electric Boat remains committed to advancing its
technical strengths, while providing the business expertise to effectively manage the challenges of
nuclear-submarine production. The company's two primary locations are in Groton and Quonset Point,
R.I. Its current workforce is approximately 12,000 employees. For more information about Electric Boat,
please visit www.gdeb.com.
Sargent Controls
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Airtomic
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Kahr Bearing
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Sonic
*
Aftermarket Services