General Dynamics NASSCO-Norfolk Awarded $42 Million for USS Oak Hill Modification


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


NORFOLK, Va., July 21, 2016 /PRNewswire/ -- General Dynamics NASSCO–Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51).

NASSCO–Norfolk will provide ship repair services including engine replacement/repairs, ballast tank preservation, habitability upgrades and close-in weapons system repairs. Work will be performed in Norfolk and is expected to be completed by April 2017. 

NASSCO is currently conducting repair and modernization efforts in four ports throughout the United States, with the majority of work located in San Diego. Other ports include Mayport, Florida; Bremerton, Washington; and Norfolk, Virginia.

More information about General Dynamics NASSCO, a business unit of General Dynamics (NYSE: GD), can be found at www.nassco.com.

More information about General Dynamics is available at www.gd.com.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/general-dynamics-nassconorfolk-awarded-42-million-for-uss-oak-hill-modification-300302088.html

SOURCE General Dynamics NASSCO


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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