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General Dynamics Electric Boat secures US$976m contract for Virginia Class

General Dynamics Electric Boat (GDEB) has secured a US$976 million (AU$1.53 billion) contract modification from the US Navy for lead yard support and development and design efforts for Virginia Class fast-attack submarines.

General Dynamics Electric Boat (GDEB) has secured a US$976 million (AU$1.53 billion) contract modification from the US Navy for lead yard support and development and design efforts for Virginia Class fast-attack submarines.

The cost-plus-fixed fee modification to a previously awarded contract totals more than US$976 million (AU$1.53 billion) with work to be performed in Groton, Connecticut; McLeansville, North Carolina; Newport News, Virginia; and Newport and Quonset Point, Rhode Island. The works are expected to be completed by October 2024.

Kevin Graney, president of General Dynamics Electric Boat, welcomed the contract announcement, saying, “This contract award supports critical work to further advance the capability and superiority of the Virginia Class submarine.

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“We are proud to continue our tradition of delivering this state-of the-art platform that ensures the safety of our sailors and their continued dominance in the undersea domain,” Graney adds.

The US Navy’s Virginia Class submarines are designed for the full range of 21st-century mission requirements, including anti-submarine and surface ship warfare and special operations support.

Australia is expected to acquire at least three Virginia Class submarines from the US Navy as part of the nation’s transition to operating a nuclear-powered submarine fleet as part of the trilateral AUKUS partnership.

General Dynamics Electric Boat is the prime contractor and lead design yard for the Virginia Class and constructs the ships in a teaming arrangement with HII’s Newport News Shipbuilding in Virginia. General Dynamics Electric Boat designs, builds, repairs and modernises nuclear submarines for the US Navy.

Headquartered in Groton, Connecticut, the company employs more than 21,000 people.

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