Inside the Navy - July 3, 2017

Pentagon seeks OK to jump-start negotiations in FY-18 for potential $32B submarine deal

June 30, 2017 |
Jason Sherman
The Defense Department wants permission from Congress to begin negotiations with General Dynamics on a five-year deal beginning in fiscal year 2019 to buy 10 attack submarines for a potential $32.6 billion, a package the Navy estimates would cost $5.4 billion less than buying the Virginia-class boats annually. On June 16, DOD provided Congress a package of legislative proposals to accompany the FY-18 spending request. In them, the Pentagon details the case for negotiating a multiyear contract with General Dynamics...

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