Navy: ~$16.2B to build Virginia-class (Block III) attack submarines — a contract with Electric Boat (USAspending)
The U.S. Navy awarded about $16.2B ($16,238,775,949, cumulative over years) for construction of Virginia-class "Block III" nuclear-powered attack submarines. Recipient: Electric Boat, a General Dynamics subsidiary. A contract for the Navy's frontline attack submarines.
Contract key facts
- RecipientELECTRIC BOAT CORPORATION
- Contract value$16,238,775,949 (≈$16.24B)
- BranchNavy
- Awarding agencyDepartment of Defense
- Awarding sub-agencyDepartment of the Navy
- Award typeDEFINITIVE CONTRACT
- Period of performance2008-12-22 〜 2023-08-31
- Contract ID (PIID)N0002409C2104
Contract scope (original)
CONSTRUCTION OF VIRGINIA CLASS BLOCK III SUBMARINES.
Key points
- The Navy funded construction of Virginia-class "Block III" attack submarines
- Recipient: Electric Boat (a General Dynamics subsidiary), core submarine builder
- Value ~$16.2B (multi-year cumulative), period December 2008–August 2023
- Block III = a design-improved batch within the Virginia class
- Submarine construction spans several to over a dozen years
The Virginia class is the Navy's newest class of nuclear-powered attack submarines, and "Block III" is a design-improved batch within it. The builder, Electric Boat, is General Dynamics's shipbuilding subsidiary and one of the core firms building U.S. submarines.
Submarine construction is a massive project spanning several to over a dozen years, which is why this value is a long-term cumulative figure (detailed vessel specifications are beyond the scope). Undersea superiority is a prized area of recent security, and this contract reflects the underlying equipment procurement.
Why it matters
A concrete example of the scale of U.S. Navy submarine construction underpinning undersea superiority. Useful for defense shipbuilding supply chains and tracking General Dynamics's business.
FAQ
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Sources (primary)
This article is an independent organization based on the U.S. official spending data below. Verify the exact, latest details with the official source.
- USAspending (award details)
- Contract ID (PIID):N0002409C2104