Correction: An earlier version of this story misstated the number of boats awarded to General Dynamics Electric Boat.
WASHINGTON — The U.S. Navy on Monday awarded its largest-ever shipbuilding contract to General Dynamics Electric Boat for construction of nine Virginia-class attack submarines, eight of which will have an 84-foot section that boosts the boat’s strike missile capacity.
The contract for the Block V Virginia-class subs, worth $22.2 billion, could grow by another $2 billion if the Navy exercises an option for a 10th boat. The contract is for two fewer boats than the 11 proposed by the fleet in this year’s budget submission. READ MORE...
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