$22 billion contract awarded for nine state of the art submarines for the NAVY

Shares
$22 billion contract awarded for nine state of the art submarines for the NAVY

WASHINGTON - The US Navy has awarded a $22.2 billion link contract to General Dynamics Electric Boat Corp. for nine Virginia-class submarines, the Pentagon link said in a press release.

"General Dynamics Electric Boat Corp. (GDEB), Groton, Connecticut, is awarded a $22,209,893,409 fixed-price-incentive.

A multi-year modification to previously-awarded contract N00024-17-C-2100 for construction of nine Virginia-class submarines, eight with Virginia link Payload Module (VPM), from link fiscal 2019 link to fiscal 2023," the release said on Monday.