U.S. Navy: ~$34.7B for Virginia-class attack-submarine long-lead material — a contract with General Dynamics Electric Boat (USAspending)
The U.S. Navy awarded a contract for "long lead time material" for Virginia-class nuclear attack submarines (SSN 802 and 803) to submarine builder Electric Boat (a General Dynamics company). The value is about $34.7 billion ($34,664,168,826) — among the largest DoD contracts this site has compiled.
Contract key facts
- RecipientELECTRIC BOAT CORPORATION
- Contract value$34,664,168,826 (≈$34.66B)
- BranchNavy
- Awarding agencyDepartment of Defense
- Awarding sub-agencyDepartment of the Navy
- Award typeDEFINITIVE CONTRACT
- Period of performance2017-02-14 〜 2036-06-02
- Contract ID (PIID)N0002417C2100
Contract scope (original)
SSN 802 AND 803 LONG LEAD TIME MATERIAL
Key points
- U.S. Navy ordered long-lead material for Virginia-class attack submarines (SSN 802, 803)
- Awarded to Electric Boat (a General Dynamics submarine builder)
- Value ~$34.7B ($34,664,168,826), definitive contract, Feb 2017–Jun 2036
- Submarines have long procurement lead times, so long-lead material is funded early
Nuclear submarines include many items — reactor components, special steel — that take years to procure. It is therefore standard to fund "long lead time material" ahead of the ship-construction contract itself, and this award is part of that framework. SSN 802 and 803 are later boats of the Virginia class.
This contract ranks among the largest federal contracts of the Department of Defense that this site has compiled, illustrating how outsized naval shipbuilding — and submarine construction in particular — is within U.S. defense spending.
Why it matters
A read on the scale of naval shipbuilding and submarine construction — the largest slice of U.S. defense procurement. Useful for defense, shipbuilding, and materials supply chains and for readers tracking the U.S. government market and security trends.
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):N0002417C2100