Courtney Touts Navy Contract for 10 Subs over 5 Years
WASHINGTON—Today Congressman Joe Courtney (CT-2), Vice Ranking Member of the House Armed Services Committee’s Seapower Subcommittee, released the following statement lauding the signing of the Navy’s Block IV contract with Electric Boat to build ten Virginia Class submarines over the next five years:
“The contract executed today between the Navy and Electric Boat locks in a program that will provide a stable employment future for the top shipbuilders in the world in southeastern Connecticut. In addition to the more than 11,500 shipbuilders in Connecticut and Rhode Island, this contract represents a strong, continuing investment for the more than 350 Connecticut suppliers who provide crucial materials and support that make ours the most advanced undersea fleet on earth.
“This contract is the culmination of long-running efforts to overcome a preliminary shipbuilding plan proposed in 2012 that would have provided funding for only nine ships over five years, cutting one ship from the 2014 budget. In the House Armed Services Subcommittee on Seapower, we produced a creative bipartisan solution to stretch taxpayer dollars farther to accommodate ten ships, and increase advanced funding authority to help the Navy make their budget work. This has given the Navy the ability to make cost-effective advance procurement payments in order to produce the world’s most advanced submarine under budget and on time, ensuring its critical role in our nation’s security.”