Author Topic: US Navy announces intent to ink $10B in contracts for first 2 Columbia subs  (Read 169 times)

0 Members and 1 Guest are viewing this topic.

rangerrebew

  • Guest
US Navy announces intent to ink $10B in contracts for first 2 Columbia subs
By: David B. Larter  

The Navy announced its intent to sign a contract for two Columbia-class submarines as soon as Congress forks over the money. (U.S. Navy)

WASHINGTON — The U.S. Navy is poised to ink almost $10.4 billion in contracts with General Dynamics Electric Boat to procure the first two Columbia-class ballistic missile submarines, which carry more than a dozen nuclear missiles on constant deterrent patrols.

The announcement, released by the Defense Department Monday afternoon, detailed an award of $869 million to Electric Boat to complete design work on the subs as part of a contract modification. The announcement also establishes the Navy’s intent to award an additional $9.5 billion for the first two hulls, which will happen once Congress officially approves the two-ship buy and appropriates the money.

https://www.defensenews.com/naval/2020/06/22/us-navy-announces-intent-to-ink-10-billion-in-contracts-for-first-2-columbia-subs/