General Dynamics GD Electric Boat was
recently awarded three U.S. Navy contracts totaling $4.6 billion to design and
develop the next-generation strategic deterrent submarine, and to continue
construction and purchasing of materials for Virginia-class attack submarines.
Electric Boat is a wholly owned subsidiary of General Dynamics GD.
Under a five-year, $1.85 billion Ohio Replacement Program contract, Electric
Boat will perform research and development work for this new class of
ballistic-missile submarine, which is scheduled for a 2021 construction start.
Additionally, Electric Boat will continue development of the joint U.S. Navy /
Royal Navy Common Missile Compartment for Ohio Replacement submarines and the
UK Successor-class ballistic-missile submarine. The potential value of this
contract is $1.995 billion.
Electric Boat also received a $2.5 billion award to build two Virginia-class
submarines – South Dakota (SSN-790) and Delaware (SSN-791) – the 17^th and
18^th ships of the class. Construction of Virginia-class submarines is shared
between Electric Boat, the prime contractor, and its teammate, Newport News
Shipbuilding.
Under the third award, Electric Boat will receive $308 million to purchase
long lead-time materials for the as-yet unnamed Virginia-class submarines
SSN-792, SSN-793 and SSN-794.
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