The U.S. Navy has awarded funding for the planning and construction of DDG 124, the Fiscal Year 2016 Arleigh Burke-class destroyer under contract at General Dynamics Bath Iron Works. The $644.3 million contract modification fully funds this ship, which was awarded as part of a multi-year competition for DDG 51 class destroyers awarded in 2013. The total value of the five-ship contract is approximately $3.4 billion. General Dynamics Bath Iron Works is a business unit of General Dynamics.