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Navy Initiates Early Procurement Of Virginia Subs

Navy Initiates Early Procurement Of Virginia Subs

A Virginia-class sub. Photo by General Dynamics The Navy has issued a contract to General Dynamics [GD] for the long-lead materials for three Virginia-class submarines (SSN-774) that will be procured in fiscal years 2014 and 2015. The Navy awarded the $209 million-contract to General Dynamics Electric Boat Friday for the three subs slated to be purchased under a five-year procurement for 10 of the attack subs. The full contract for the multi-year deal is expected to be issued later this…

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