HII Awarded Advance Procurement Contract for Virginia-Class Block V Submarines
HII announced today that its Newport News Shipbuilding division has received a $305.2 million contract modification from General Dynamics Electric ...
HII announced today that its Newport News Shipbuilding division has received a $305.2 million contract modification from General Dynamics Electric Boat to procure long-lead-time material for two additional Block V Virginia-class submarines. The contract modification brings the overall contract value to $10.2 billion. NNS is one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy. The advanced capabilities of Virginia-class submarines increase firepower, maneuverability and stealth.