Join our brand new verified AMN Telegram channel and get important news uncensored!

Navy awards contract worth more than a half-billion dollars to Electric Boat

The future Virginia-class attack submarine Montana (SSN 794) conducts initial sea trials Feb. 1, 2022 in the Atlantic Ocean. (U.S. Navy photo courtesy of HII by Ashley Cowan)
October 05, 2022

 U.S. Rep. Joe Courtney (D-Second District) announced Tuesday that the Navy has awarded Electric Boat a $532 million contract to provide lead yard support, development studies and design efforts for Virginia-class submarines.

With potential modifications, the contract could bring $813 million in work to Electric Boat over the next year.

In a press release announcing the contract Courtney who is the chairman of the House Armed Services Committee on Seapower and Projection Forces, said the contract represents additional investment on top of a previously awarded contract in 2019, and allows EB to maintain development efforts on Virginia-class submarines.


(c) 2022 The Day

Distributed by Tribune Content Agency, LLC.