The Navy announced a $22.2 billion contract to build nine new submarines. The contract will be split between two partners: the Connecticut-based General Dynamics Electric Boat and the Virginia-based Newport News Shipbuilding.
Eight of the nine Block V submarines will be Virginia-class submarines, which will replace some of the older Los Angeles-class submarines. The Tomahawk capacity in the new submarines will increase from 12 to 40 per boat, according to a news release from the Navy. The submarines will also have more advanced acoustics.
"The Block V contract balances the right mix of undersea quantity and capability with a profile that continues to stabilize the industrial base,” Virginia Class Program Manager Capt. Christopher Hanson said in the news release. “This balance and stability will enable the success of submarine acquisitions across the enterprise. Our warfighters, the Navy, and the nation will benefit greatly from the new capabilities that the Block V submarines will bring to the fleet."
The contract will last five years. Construction will begin this year and will be delivered to the Navy between 2025 and 2029. In a statement, Newport News Shipbuilding’s vice president of submarine construction Dave Bolcar said that will provide stability for the Hampton Roads-based workforce.
“[This] contract maintains the Virginia-class build rate that provides continued stability to our workforce and to the 5,000 suppliers that will support submarines for the next decade,” Bolcar said. “This contract also continues the two per year construction cadence essential to sustaining production efficiencies, while ensuring our national security and the Navy’s continued undersea superiority.”