General Dynamics Electric Boat awarded US$481 million for continued development of US Navy’s next ballistic-missile submarine

Image: US Naval Sea Systems Command (NAVSEA) file image

The US Navy has awarded General Dynamics Electric Boat a US$480.6 million contract modification to continue the development of the lead Columbia-class nuclear-powered ballistic-missile submarine (SSBN).

The modification includes funding for advance procurement, advance construction, and long lead time material for the future USS Columbia.

Construction of the lead ship of a planned fleet of 12 new SSBNs is scheduled to begin in the fall of 2020.

Initially awarded in September 2017, the overall contract has a potential value of US$6.1 billion.

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