General Dynamics is tasked to perform research and development on a new submarine to replace the current Ohio-class vessels carrying nuclear weapons under a five-year cost-plus, fixed-fee contract valued at up to $1.99 billion, if all options are exercised.
(Click Here for more details on the GD submarine R&D contract win.)
For the second and third contracts, General Dynamics’ Electric Boat division and Huntington Ingalls’ Newport News
“This contract will leverage the unique skills of Electric Boat’s submarine and design workforce in designing a capable and cost effective replacement for our Ohio class submarines, ” said Connecticut Representative Joe Courtney.
“As we move to the Asia Pacific region, submarines will become increasingly important, ” said Kendell Pease, General Dynamics spokesman.
Work will be performed primarily by General Dynamics at its Connecticut facility and the rest by Huntington Ingalls.
Both companies won a multi-year contract in fiscal 2008 to construct the last two Virginia-class submarines locked in a two-a-year production rate.
The Navy’s plan is to replace its current fleet of Ohio-class submarines with 12 new ballistic missile submarines which will begin being constructed in 2021.