A critical nuclear submarine supplier could take financial hits for years if the Navy sticks to buying just one Virginia-class fast-attack submarine in Fiscal Year 2021.
Money to buy a second Virginia-class submarine is number one on the Navy’s $5.4 billion Fiscal Year 2021 Unfunded Priorities List, USNI News has learned. Read More
This post has been updated to include information from a Feb. 10 budget briefing with Rear Adm. Randy Crites, the deputy assistant secretary of the Navy for budget.
The proposed Navy shipbuilding plan that cuts a Virginia-class submarine, a frigate and an oiler that were previously planned for FY 2021 received immediate bipartisan pushback from the House and the Senate. Read More
WASHINGTON, D.C. — As Russia continues to increase its submarine activity in the Mediterranean, Arctic and Atlantic, the U.S. Navy has made organizational changes to be more responsive but should invest in unmanned systems to support forces in the European theater, the four-star admiral who leads Naval Forces Europe said. Read More
THE PENTAGON – The Navy’s ability to keep on track its top acquisition program, the Columbia-class ballistic missile submarine, rests heavily on its ability to keep the Virginia-class attack boat program on track – something the two submarine builders have struggled with in recent years amid challenges with their workforce and supplier base as the Virginia program increased to a two-a-year production cadence. Read More
THE PENTAGON – The Navy signed its largest shipbuilding contract ever, awarding a $22.2-billion contract to General Dynamics Electric Boat and Huntington Ingalls Industries’ Newport News Shipbuilding for nine Virginia-class Block V attack submarines. Read More
ARLINGTON, Va. – With the Columbia ballistic missile submarine program set to take up a large portion of Navy shipbuilding funds in the next two decades and flat budgets expected in the near-term, the Navy’s undersea warfare community has clearly prioritized where any available funds should go to support the National Defense Strategy. Read More
ARLINGTON, Va. – The Navy and submarine builders General Dynamics Electric Boat and Newport News Shipbuilding are executing a recovery plan to get Block IV Virginia-class submarine production back on track, after the last five submarines in Block III delivered late. Read More
A Virginia-class submarine, the second America-class amphibious warship and a Littoral Combat Ship marked significant production milestones last weekendm the service annouced.
The Navy’s next-generation attack submarine program may cost $69 billion more than the service is planning to spend, according to a Congressional Budget Office estimate released this week, creating a major delta between the Navy’s long-term shipbuilding cost estimates and CBO’s. Read More