Navy awards up to $17.1 billion submarine contract modification to General Dynamics Electric Boat
The modification, along with another $1.2 billion to prime contractor HII, is meant to fund two Virginia-class subs.
The modification, along with another $1.2 billion to prime contractor HII, is meant to fund two Virginia-class subs.
As post-COVID-19 supply chain issues persist, General Dynamics Electric Boat has "outpaced" some key suppliers, forcing out-of-sequence work that's driving up costs and delaying construction.
Mark Rayha is currently Electric Boat's chief operating officer.
The comments from the General Dynamics chief come on the same day President Joe Biden signed the national security supplemental, which includes billions for the sub industrial base.
With a presidential veto hanging in the air, Congress charges ahead on huge federal spending votes.
Today's $9.4 billion award to General Dynamics Electric Boat kicks off construction on the first of 12 Columbia-class submarines.
The disclosure comes as the Pentagon has been looking for ways to backstop key parts of its industrial base as supply chains slowed due to the COVID epidemic.
House committee wants to hold money back from DoD until it delivers shipbuilding plans, while putting the breaks on armed unmanned surface ships.
The Navy is pushing full-speed ahead, and its acquisition chief said the service is prepared to make other programs pay to keep on track.
The company that has experienced slip-ups in delivering missile tubes to the Navy might leave the business, leaving only a single company who can do the work.
The Navy's most expensive shipbuilding program and the key to the country's nuclear triad is under increasing pressure to keep to its tight schedule, and hit its budget.
As the Pentagon starts pumping cash into shipyards and small weapons manufacturers, is it enough to save some ailing production lines?
CAPITOL HILL The head of the Navy’s Columbia-class nuclear submarine program says that the program, despite earlier concerns over cost, schedule, and industrial base issues, is set to meet its goal of a first deployment in 2031, putting the service’s most expensive and consequential program on track. The boats will come just in time to […]
The 12-hull, $128 billion Columbia class program is the Navy’s cornerstone project not only for a new class of submarines, but also for the United States’ nuclear triad, which relies on a mix of air, land, and sea-launched nuclear missiles.