General Dynamics Awarded Contract for Continued Columbia-class Development
GROTON, Conn. – The U.S. Navy has awarded General Dynamics Electric Boat a $480.6 million contract modification to continue the development of the lead Columbia-class submarine, the nation’s next-generation sea-based strategic deterrent, the company announced in a Sept. 17 release. Electric Boat is a wholly owned subsidiary of General Dynamics.
The modification includes funding for advance procurement, advance construction and long-lead-time material for Columbia (SSBN 826). Construction of the lead ship of the class is scheduled to begin in the fall of 2020. The Navy plans to build a fleet of 12 new SSBNs.
Initially awarded in September 2017, the overall contract has a potential value of $6.1 billion.
“In close collaboration with the Navy and the submarine industrial base, Electric Boat will continue to lead key aspects of the Columbia-class development effort. This work includes design, material procurement, construction and operating-cost reduction. The entire Columbia-class team is committed to achieving an affordable and effective program. Our nation’s security depends on it,” said Electric Boat President Jeffrey S. Geiger.