On April 30, 2025, General Dynamics Electric Boat secured a substantial $12.4 billion (€11.5 billion) contract modification from the U.S. Department of Defense for the construction of two additional Virginia-class nuclear-powered attack submarines under the U.S. Navy’s Fiscal Year 2024 procurement plan. If contract options are exercised, the total value could rise to $17.2 billion (€16 billion). Beyond the submarine construction itself, the funding includes investments to enhance productivity at shipyards, strengthen the supply chain, and support the specialized workforce required to sustain America's undersea deterrence capability. Read full Naval News at this link ...
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USS Minnesota (SSN 783), a Virginia-class submarine, shown here at sea, is set to expand with two new vessels ordered by the U.S. Navy under a $12.4 billion contract announced on April 30, 2025. (Picture source: U.S. DoD)
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USS Minnesota (SSN 783), a Virginia-class submarine, shown here at sea, is set to expand with two new vessels ordered by the U.S. Navy under a $12.4 billion contract announced on April 30, 2025. (Picture source: U.S. DoD)
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