U.S. Navy awards $76.6 billion contracts for Columbia and Virginia-class submarines
The U.S. Navy has awarded $76.6 billion in contracts to General Dynamics and HII to build five Columbia-class and nine Virginia-class submarines.
The United States Department of Defense has announced a collective $76.6 billion procurement contract for new naval vessels. Under the agreement, General Dynamics Electric Boat will construct five Columbia-class ballistic missile submarines. Additionally, General Dynamics Electric Boat and Huntington Ingalls Industries-Newport News Shipbuilding will build nine Virginia-class fast-attack submarines over the coming years.
The procurement represents a significant commitment to modernizing the fleet's undersea capabilities. The Department of Defense characterized the contract allocation as a "historic investment" aimed at securing long-term defense priorities.
Sources: Global Defence Corp