Timken awarded $500M+ contract for main reduction gears for US Navy DDG-51 ships

The Timken Company announced on Feb 21, 2023, that General Dynamics Bath Iron Works awarded it a long-term contract to supply Philadelphia Gear main reduction gears for all future Flight III Arleigh Burke (DDG-51) class ships. The contract could generate over $500 million in revenue over 5-8 years, with production starting in 2024.

“General Dynamics Bath Iron Works recently awarded Timken a long-term contract to deliver Philadelphia Gear main reduction gears for all future Flight III ships of the Arleigh Burke (DDG-51) class.”news.timken.com

• 1 source
• news.timken.comTimken to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships - Feb 21, 2023Feb 21, 2023

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