Block V Virginia-class

General Dynamics Electric Boat Corp., Groton, Connecticut, is awarded a $2,417,500,565 fixed-price incentive modification to previously awarded contract N00024-17-C-2100 to exercise an option for the construction of a 10th Block V Virginia-class submarine with Virginia Payload Module.

Block V Virginia-class
The U.S. Navy inks a deal for a tenth Block V Virginia-class submarine

On 2 December 2019, the Navy announced an order for nine new Virginia-class submarines – nine Block Vs – for a total contract price of $22 billion with an option for a tenth boat.

Electric Boat Corp. will continue to subcontract with Huntington Ingalls Industries – Newport News Shipbuilding. Work will be performed in:

  • Newport News, Virginia (34%);
  • Quonset Point, Rhode Island (14%);
  • Sunnyvale, California (7%);
  • Groton, Connecticut (7%);
  • Annapolis, Maryland (1%);
  • Norfolk, Virginia (1%);
  • Tucson, Arizona (1%);

Bethlehem, Pennsylvania (1%), with other efforts performed at various sites (each less than 1%) throughout the U.S. (33%) and other areas outside of the U.S. (1%).

Work is expected to be complete by February 2030:

  • fiscal 2021 shipbuilding and conversion (Navy) funds in the amount of $2,139,601,847 (79%);
  • fiscal 2020 shipbuilding and conversion (Navy) funds in the amount of $388,281,954 (14%);
  • fiscal 2019 shipbuilding and conversion (Navy) funds in the amount of $174,049,792 (6%);
  • fiscal 2018 shipbuilding and conversion (Navy) funds in the amount of $18,844,873 (1%) will be obligated at time of award and will not expire at the end of the current fiscal year.

These include funding for previously announced long lead time material and economic ordering quantity material. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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