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Navy Closing In On $2 Billion Price Tag For

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By Geoff Fein The Navy is continuing to find ways to shave dollars from the cost of building Virginia-class submarines, and is within $40 million of reaching its goal of $2 billion per hull, according to a Navy official. Additionally, the Navy is moving closer to getting the construction cycle from build to completion down to 60 months, Rear Adm. William Hilarides, program executive officer submarines (PEO Subs), told Defense Daily in a recent interview. The Navy is planning to…

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