The Navy’s next attack submarine will feature technology in the Columbia-class program and be significantly larger than the current class of the Virginia-class attack submarines, the chief executive of BWX Technologies said on Monday as part of the company’s third-quarter earnings call. Read More
While the Pentagon is calling for the Navy to buy three attack submarines on an annual basis, sub builder General Dynamics Electric Boat isn’t preparing for an increase in production just yet. Read More
A deficit of ship repair capacity and an expected change in the Navy’s needs for large combatants versus smaller ones may force the entire industry to rethink their roles in construction and maintenance work going forward, a panel of officials said this week.
More than potential supply chain gaps or funding cuts, defense industry productivity during COVID-19 is threatened most by closed schools and a lack of childcare, company executives and government officials have said in the last several weeks.
The defense sector appears more insulated from the worst financial effects caused by the COVID-19-related economic slowdown when compared to other industries.
General Dynamics Electric Boat remains ready to start construction of the first Columbia-class ballistic missile submarine in October, company officials announced Wednesday.
As General Dynamics starts building two submarine classes simultaneously this year, the defense contractor is focused on showing shareholders and lawmakers that it can ramp up production while keeping costs in check.
A flat but stable defense budget outlook was welcomed by the General Dynamics chief executive, who told analysts she expects important shipbuilding programs will be funded by the spending plan agreed to by Congress and the White House this week.
The U.S. Coast Guard offered industry the potential for a multi-ship, multi-year, multi-billion-dollar program in its heavy icebreaker competition – but funding uncertainties gave some of the nation’s largest shipbuilders cold feet when it came time to bid.
This post has been updated to state that the Columbia program is 97-percent complete with the design arrangements specifically. CEO Phebe Novakovic originally stated that the program was 97-percent complete with detail design; however, the detail design includes more than just the arrangements.
General Dynamics’ Electric Boat shipyard is nearly done with the basic design of the Columbia-class ballistic missile submarine, the company CEO said today. Read More