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Hartford Courant: Navy Awards $5 Billion Sub Contract to Electric Boat

September 22, 2017
In The News

Electric Boat, a subsidiary of General Dynamics Corp., is ramping up to build two subs a year.

Electric Boat, a subsidiary of General Dynamics, was awarded a $5.1 billion contract by the U.S. Navy to complete the design of the Columbia-class submarine, the Navy announced on Thursday.

Construction of the first submarine in the class, the USS Columbia, is scheduled to begin in the fall of 2020. The Navy plans to build 12 new ballistic missile submarines.

EB President Jeffrey S. Geiger said in a statement: “Working closely with the Navy and the submarine industrial base, Electric Boat will continue to lead critical aspects of the Columbia-class development effort, including design, material procurement, construction and operating-cost reduction, to achieve an affordable and effective program."

U.S. Rep. Joe Courtney, whose Connecticut district includes Electric Boat, said the contract kicked off “the next critical phase of the Columbia-class program.”

“This work is fueling economic growth and hiring across the region, and today’s contract keeps that momentum going. I will continue to do all I can to advocate for the funding, authorities and support needed to get this job done,” Courtney said

Courtney is as a ranking member of the Seapower and Projection Forces subcommittee of the House Armed Services Committee, which has had jurisdiction over Navy ship-building programs since 2015.

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