Navy awards Virginia contract modification, signaling resolution to year-long liability dispute

By Nick Wilson / May 25, 2023 at 11:15 AM
The Navy has awarded General Dynamics Electric Boat a contract modification worth over $1 billion to begin procuring materials for two future Virginia-class submarines, according to a Tuesday Defense Department announcement , signaling an end to a year-long liability dispute that had put the contract award on hold. The contract enables Electric Boat, which collaboratively builds Virginia submarines with HII’s Newport News Shipbuilding, to purchase long-lead materials and begin assembling components of the two Block V boats, hulls 812 and...

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