HII is Awarded Contract Modification for Columbia-Class Ballistic Missile Submarines
NEWPORT NEWS, Va., April 11, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has been awarded a $567.6 million subcontract modification from General Dynamics Electric Boat to provide long-lead-time material and advance construction activities for Columbia-class ballistic missile submarines.
- NEWPORT NEWS, Va., April 11, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has been awarded a $567.6 million subcontract modification from General Dynamics Electric Boat to provide long-lead-time material and advance construction activities for Columbia-class ballistic missile submarines.
- HII is currently under contract for construction of submarine modules for Build I, the first two submarines in the class: District of Columbia (SSBN 826) and Wisconsin (SSBN 827).
- The advance procurement funds from this subcontract modification, awarded April 4, will allow NNS to purchase major components and commodity material and to begin advance construction on Build II, the next five submarines in the class.
- “This contract modification underscores the critical manufacturing work our shipbuilders do for the U.S. Navy, as major contributors to the Columbia-class,” said Brandi Smith, NNS vice president for Columbia-class construction.