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Navy Awards Long-Lead Dollars To Begin Construction of Second Virginia-class Sub

By Carlo Munoz Development and construction work can finally begin on a new Virginia-class submarine, with the Navy awarding General Dynamics [GD] Electric Boat $1.2 billion in long-lead funding last week, according to a company statement. The award puts the company back on track to begin construction on the submarine later this year, and puts the Navy's shipbuilding plans to construct two Virginia-class subs annually back on schedule. Hunington Ingalls Industries [HII], the new shipbuilding spinoff from Northrop Grumman [NOC],…

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Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]