The U.S. Navy has awarded General Dynamics Electric Boat a $2 billion contract modification for long lead time material to support construction of Block V Virginia-class submarines.
The award modifies a contract awarded in 2017 that provides funding for long lead time material for steam and electrical plant components, main propulsion unit and ship service turbine generator efforts and miscellaneous hull, mechanical and electrical system components. This modification brings the overall contract value to approximately $3.2 billion.
“This award allows Electric Boat and the submarine industrial base to continue to make preparations for construction of Block V, which will bring additional payload capacity to the Navy. Our team will continue to produce the world’s most technologically advanced submarines, safely and efficiently,” said Electric Boat President Jeffrey S. Geiger.
Block V Virginia-class submarines will include the Virginia Payload Module (VPM), an added section of the ship containing four large-diameter payload tubes. Extending the hull by 84 feet, the VPM will boost the submarine’s strike capabilities and would give guided-missile capability to the Navy when the guided-missile submarines (SSGNs) are retired from service. The Block V subs are expected to triple the capacity of shore targets for each boat.
Construction on the first two boats of this block is expected to begin in 2019, with contracts for long lead time material for SSN-802 and SSN-803 being awarded to General Dynamic’s Electric Boat. HII Newport News Shipbuilding was awarded a long-lead materials contract for two Block V boats in 2017, the first Block Vs for the company.