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Navy/USMC

Navy Funds Final SSNs Under Multi-Year Buy

Defense Daily Staff Defense Daily Staff
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The Navy recently released the funds to General Dynamics [GD] Electric Boat to build the final two Virginia-class (SSN-774) submarines under an existing multi-year contract. The Navy provided $2.47 billion to Electric Boat for construction of the South Dakota (SSN-790) and Delaware (SSN-791), the last two of the ships under a Block III buy dating back to 2008. The multi-year buy was for eight subs for a total cost of $14 billion. General Dynamics is the lead in the construction…

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