Electric Boat receives $5.1bn contract for Columbia-class submarinesStaff Writer | September 22, 2017
General Dynamics Electric Boat has been awarded a $5.1 billion contract for development work on the Columbia-class nuclear ballistic missile submarine.
Defense $5,071,534,074 plus incentive fee
The contract also includes component and technology development, missile tube module and reactor compartment bulkhead prototyping and manufacturing efforts, and United Kingdom Strategic Weapon Support System kit manufacturing for the Columbia class ballistic missile submarines.
This contract includes foreign military sales to the United Kingdom (14 percent). Work will be performed in Groton, Connecticut (77.4 percent); Newport News, Virginia (12.7 percent); and Quonset, Rhode Island (9.9 percent), and is expected to be completed by December 2031.
Fiscal 2017 shipbuilding and conversion (Navy); fiscal 2017 research, design, test and evaluation (Navy); and United Kingdom funding in the amount of $175,101,310 will be obligated at the time of award and will not expire at the end of the current fiscal year. ■