The U.S. Navy announces a $76.6 billion package of contracts covering construction of additional submarines, including both Virginia- and Columbia-class platforms. General Dynamics Electric Boat, together with HII’s Newport News Shipbuilding—shipyards that jointly build the Navy’s Virginia- and Columbia-class submarines—receives major portions of the awards under the announcement.
In a company statement, General Dynamics Electric Boat says it is awarded $29.5 billion for five additional Columbia-class submarines, as part of the broader Navy procurement. The PR Newswire release also indicates that the overall Navy package totals $76.6 billion and includes further funding beyond the Columbia-class awards disclosed by Electric Boat.
Breaking Defense reports that the Navy’s $76.6 billion contract package supports new submarines of both classes. Across the sources, the consistent points are the total value of the Navy award, the involvement of Electric Boat and Newport News Shipbuilding in building these submarine classes, and Electric Boat’s disclosed contract amount and quantity for additional Columbia-class boats.
