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Navy/USMC

Navy Reveals Newest Multi-Year DDG Contracts Cost $14.6 Billion

Thursday, September 7th, 2023

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Navy Reveals Newest Multi-Year DDG Contracts Cost $14.6 Billion

The first Arleigh Burke-class Flight III guided-missile destroyer, the future USS Jack H. Lucas (DDG-125) undergoing sea trials. (Photo: HII)

This week a Navy contract update revealed how much the Navy is spending on its latest five year, 10-ship multi-year contract for Flight III Arleigh Burke-class guided-missile destroyers. A Sept. 6 update to the Defense Department contract announcements disclosed the Navy is spending upward of $14.58 billion for the 10 ships over the next five years. Last month, the Navy first unveiled the multiyear contract to the two destroyer shipbuilders for at least nine destroyers over fiscal years 2023 to…

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