Electric Boat, Navy agree to a minimum of nine submarines over next five years

13 Nov 2019

Maritime Industry

The Navy and Electric Boat have come to an agreement on a multi-year contract for the next group of Virginia-class attack submarines the service intends to buy.

The value of the contract will not be released until it is finalized, which is expected at the end of this year, but it will include a minimum of nine submarines, yielding $1.8 billion in savings, a Pentagon official said.

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