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Posted: March 20, 2019 3:04 PM

Electric Boat Awarded $2 Billion for Virginia-Class Submarine Material

MinnPhotoGROTON, Conn. — The U.S. Navy has awarded General Dynamics Electric Boat a $2 billion contract modification for long lead-time material to support construction of Block V Virginia-class submarines, the company said in a March 19 release.

The award modifies a contract awarded in 2017 that provides funding for long lead-time material for steam and electrical plant components, main propulsion unit and ship service turbine generator efforts and miscellaneous hull, mechanical and electrical system components. This modification brings the overall contract value to about $3.2 billion.

“This award allows Electric Boat and the submarine industrial base to continue to make preparations for construction of Block V, which will bring additional payload capacity to the Navy. Our team will continue to produce the world’s most technologically advanced submarines, safely and efficiently," said Electric Boat President Jeffrey S. Geiger.

Block V submarines will include the Virginia Payload Module (VPM), an added section of the ship containing four large-diameter payload tubes. Extending the hull by 84 feet, the VPM will boost the sub’s strike capabilities.


 

 

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