US Navy awards contract for tenth Block V Virginia-class submarine
The US Naval Sea Systems Command has received an order to build the tenth Block V Virginia-class submarine with a Virginia Payload Module (VPM).
General Dynamics Electric Boat (GDEB) is the prime contractor for the Class V Virginia program.
By changing the fixed price incentive for a previously placed contract of approximately $ 2.42 billion, GDEB will continue to subcontract Huntington Ingalls Industries – Newport News Shipbuilding (HII-NNS).
In December 2019, the U.S. Navy awarded the shipbuilding team a $ 22 billion contract to build nine new Block V Virginia-class submarines. This contract included an option for an additional Block VU boot with VPM.
The last treaty change exercised the option for the new submarine. This brings the cumulative face value of the contract to Newport News to $ 9.8 billion.
To date, HII’s Newport News and GDEB have built and shipped 19 Virginia-class submarines.
Jason Ward, Virginia News vice president, Virginia-Class Submarine Construction, said, “We are delighted that Congress has helped restore funding for the tenth Virginia-class boat in Block V.
“We look forward to building and delivering the last boat in the block, which will sustain the production of two submarines a year and further stabilize the industrial base.”
Construction of the yet to be named submarine is expected to begin in early 2024.
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Contract work will be conducted in the United States and other areas outside of the country.
The first submarine, Block V, is expected to be delivered in the 2025 financial year.
Earlier this month, HII launched the Navy’s newest nuclear submarine, Montana (SSN 794), with multiple missions in Virginia.