:

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

DDN

Tuesday, May 3rd, 2011

SHARE:

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],…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]