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
- RecipientGeneral Dynamics
- 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
- Ordering a block at once allows bulk purchase of material and lowers unit cost, while committing several hulls of budget up front.
1Construction of Virginia-class Block III
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.
2What a block means in shipbuilding
In shipbuilding, ships of the same class are often divided into groups — blocks, or flights — with design refinements and procurement terms revisited group by group. Block III is one such division of the Virginia class. The record says only construction of Virginia-class Block III submarines; the ship names, the number of hulls, and what the refinements consist of are not recorded.
3Undersea advantage as the stake
4Buy one at a time, or buy a block
In shipbuilding, hulls of one class are grouped into blocks, with design improvements and procurement terms reviewed at each grouping. Block III is one such division of the Virginia class.
The source summary reads only "construction of Virginia class Block III submarines," recording neither hull names nor counts nor what was improved. Electric Boat, the recipient, is the shipbuilding subsidiary of General Dynamics and one of the core firms carrying US submarine construction. Undersea advantage is an area of growing weight in security, and this contract funds its foundation.
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