≈$16.24B Navy DEFINITIVE CONTRACT N0002409C2104

Navy: ~$16.2B to build Virginia-class (Block III) attack submarines — a contract with Electric Boat (USAspending)

Department of the Navy 2008-12-22 〜 2023-08-31

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

What data is this?
A single Department of Defense (DoD) federal procurement contract recorded in "USAspending," the U.S. open government-spending dataset. The recipient, awarding component, value, and scope are public. This site is not an official U.S. government website.
Is the amount final?
It is a cumulative figure as of collection. Large defense contracts accumulate modifications over many years, so amounts change. The latest figure is available at the source, USAspending.
What is Virginia-class "Block III"?
The Virginia class is the Navy's newest class of nuclear-powered attack submarines; Block III is a design-improved batch within it.

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.

#Defense#Department of Defense#Navy#Submarines#Virginia class#Federal procurement
Disclaimer: This site independently summarizes and classifies information based on official data sources. Always verify the latest and accurate information with the official sources. Content on finance, health, legal, and security is information, not advice. This site is not an official website of the U.S. government.