DefenseLINK notes that General Dynamics Electric Boat Corp. in Groton, CT received a $1.1 billion modification to previously awarded multiyear contract N00024-03-C-2101. It provides full FY 2006 funding for SSN-774 Virginia Class attack submarine construction at Electric Boat, covering work on SSN 781 (name TBD), $167.7 million in advance procurement funding for FY 2007 submarine construction [SSN 782] and $40 million in Economic Order Quantity (EOQ) funding for each of the FY 2007 and 2008 submarines [SSN 782 & 783]. The General Dynamics news release agrees but lists 208 million for SSN 782, which would bring the total to $1.35 billion.
Over at Military.com, Joe Buff has some kind words for the Virginia Class, and puts its intended mission and procurement program into perspective. One thing Buff didn’t cover, however, is this submarine class’ construction program – which is highly unusual.