Navy awards Electric Boat $497M contract mod for sub industrial base development

By Justin Katz  
May 21, 2019 at 8:56 AM

The Navy yesterday awarded General Dynamics Electric Boat a $497 million contract modification for submarine industrial base development to support the Columbia-class submarine program.

“This work is furtherance of the [Fiscal Year 2019 National Defense Authorization Act] and the Department of Defense Appropriations Act, 2019 . . . which authorized and appropriated additional funds for submarine industrial base development and expansion to ensure second- and third-tier contractors are able to meet increased production requirements,” according to a Defense Department statement.

The industrial base supporting the Columbia- and Virginia-class submarine programs includes 5,000 businesses across the United States and “will need to expand its output by 250% in the period of peak production” to meet the Navy’s demands, according to a May 20 statement from GDEB President Jeff Geiger.