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Navy/USMC

Navy Awards Billions GD And HII Billions To Finish Last Two Block V Virginia-Class SSNs and Shipyard Support

Thursday, May 1st, 2025

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Navy Awards Billions GD And HII Billions To Finish Last Two Block V Virginia-Class SSNs and Shipyard Support

A mockup of the Block V Virginia-class attack submarine with the Virginia Payload Module in use. (Image: General Dynamics Electric Boat)

The Navy on Wednesday awarded Virginia-class attack submarine (SSN) builders General Dynamics' Electric Boat [GD] and HII Newport News Shipbuilding (NNS) [HII] at least $14 billion to build two SSNs and for shipyard productivity support. The funds are divided between $12.4 billion for Electric Boat, the prime contractor for submarines, and $1.3 billion for HII. If all options are exercised, GD would end up getting over $17 billion, but the DoD contract announcement noted these awarded amounts include $2 billion…

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