US Navy Awards Historic $76.6B Contract for 9 Block VI Virginia SSNs and 5 Columbia SSBNs
The contracts fund five Columbia-class and nine Virginia-class boats and additional shipyard infrastructure, with Electric Boat receiving $71.6 billion, officials said.
- On Wednesday, the Navy awarded $76.6 billion to General Dynamics Electric Boat and Huntington Ingalls Industries to construct nine Virginia-class and five Columbia-class submarines.
- Connecticut Rep. Joe Courtney pushed for the award to provide supply chain demand certainty, while the funding also supports the trilateral AUKUS agreement to sell submarines to Australia.
- The agreement allocates $42.1 billion for nine Virginia-class submarines, $29.5 billion for five Columbia-class ballistic submarines, and $5 billion for shipyard infrastructure enhancements.
- Vice Adm. Robert Gaucher, the Pentagon's submarine czar, called the investment "historic," stating it ensures continuous production of combat platforms and industrial base stability.
- A Government Accountability Officer report released this month noted the Virginia-class program faces delays, with current construction rates of one per year falling short of the Navy's target of two per year.
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Hiring surge expected after 2 firms get $77 billion submarine contracts
Two companies have secured $77 billion in defense contracts to build 14 new submarines, as the U.S. Navy touted a “historic investment in maritime modernization and supremacy.”
US orders 10,000-ton attack submarines in major fleet expansion
The U.S. Navy on Wednesday awarded $76.6 billion in contracts to General Dynamics and HII for the next generation of Virginia-class attack submarines and Columbia-class ballistic missile submarines, ending nearly three years of negotiations over rising construction costs. The package includes $42.1 billion for nine Block VI Virginia-class attack submarines and materials for a tenth vessel, $29.5 billion for five Build II Columbia-class ballistic…
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