Finalizing 17-sub buy will require a 'SAWS-like approach,' HII CEO says

By Nick Wilson / January 9, 2025 at 4:44 PM
Finalizing the delayed contract award for 17 new nuclear-powered submarines will require a "SAWS-like approach," HII CEO Chris Kastner said today, referring to a Navy proposal intended to combat submarine schedule delays and cost growth by restructuring how the vessels are paid for. With the Trump administration taking the reins of power later this month, there is fresh opportunity to implement some version of the previously proposed Shipbuilder Accountability and Workforce Support agreement, Kastner told reporters, saying SAWS is the...

Not a subscriber? Request 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.