March 19, 2019

news.usni.org | By Sam LaGrone

March 19 (USNI News) — General Dynamics Electric Boat has won a $2 billion
contract modification to continue long-lead work for the Block V Virginia-class
attack submarine (SSN-774) program, according to a Monday Pentagon contract
announcement.

“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,” Electric Boat said in a Tuesday
statement. “This modification brings the overall contract value to
approximately $3.2 billion.”

The award follows a 2018 contract modification of $692.2 million for long-lead
materials for the modified Virginia attack boat design and an anticipated block
buy for the submarines later this year.

Read more here: https://news.usni.org/2019/03/19/electric-boat-awarded-2b-
block-v-virginia-attack-boat-long-lead-materials