Virginia-class attack submarines, Block IV: ~$20.2B cumulative — a long-running Electric Boat contract (USAspending)
A Navy (NAVSEA) contract with Electric Boat, the General Dynamics submarine builder. It began in 2012 as long-lead-time material for SSN-792 (Vermont, the first Block IV boat) and grew into Block IV construction, accumulating about $20.2 billion ($20,183,699,820) with performance through 2027 — a textbook example of the Navy's "block buy" approach to submarines.
Contract key facts
- RecipientGeneral Dynamics
- Contract value$20,199,302,115 (≈$20.2B)
- BranchNavy
- Awarding agencyDepartment of Defense
- Awarding sub-agencyDepartment of the Navy
- Award typeDEFINITIVE CONTRACT
- Period of performance2012-04-13 〜 2026-01-31
- Contract ID (PIID)N0002412C2115
Contract scope (original)
SSN 792 LONG LEAD TIME MATERIAL
Key points
- A Virginia-class attack submarine contract — began April 2012 as long-lead-time material for SSN-792 (Vermont, first Block IV boat), per the primary record
- Awarded by Naval Sea Systems Command (NAVSEA) to Electric Boat (General Dynamics)
- Cumulative ~$20.2B ($20,183,699,820; multi-year), performance through August 2027
- Grew via modifications into the Block IV (10-boat) construction vehicle — the Navy's standard "long-lead first, construction by modification" pattern
- Block buying lowers per-boat cost and sustains the submarine industrial base
The Virginia class is the U.S. Navy's mainstay post-Cold War attack submarine, procured several boats at a time in multi-year "blocks." Buying in blocks allows bulk ordering of components and steady production, lowering per-boat cost. This contract corresponds to Block IV (10 boats), built under the established workshare between Electric Boat and Newport News Shipbuilding.
What is most instructive is how the contract grew. It began as a vehicle to secure long-lead-time material — reactor components and other items that take years from order to delivery — for the first boat, and two years later the construction of all ten boats was added as a modification to the same contract.
This two-step pattern — a long-lead contract first, construction added by modification — is standard in major Navy shipbuilding, and the record is a textbook case of how a USAspending cumulative total can grow by orders of magnitude from the initial award.
Submarine construction is a field where only two U.S. yards possess the skills, and preserving that industrial base is itself treated as a national-security problem. Stable block-buy ordering doubles as industrial policy, sustaining skilled workers and the supplier network. With later blocks and the next-generation Columbia-class ballistic-missile submarine now overlapping, shipyard capacity has become a live policy issue.
Why it matters
A primary-source view of the Navy's shipbuilding pattern (long-lead material → construction added on; block buys). Useful for readers following the defense industry, shipbuilding, and supply chains — and a good example of how to read USAspending totals that grow year after year. Read alongside General Dynamics' company profile and the defense rankings.
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):N0002412C2115