
The Navy on Monday awarded General Dynamics Electric Boat [GD] an $869 million modification for continued Columbia-class ballistic missile submarine (SSBN) procurement work with an added price option for the first two submarines that would increase the total contract value to $9.5 billion. Assistant Secretary of the Navy for Research, Development and Acquisition James Geurts told reporters on Monday during a press call the modification “provides for the continued procurement and design completion engineering work and design from affordability for…