As the U.S. Navy continues to tweak its redesigned Block III Virginia-class submarines, the service is pushing ahead with its Block IV Virginia plans, awarding a $17.6 billion contract this month to General Dynamics’ Electric Boat Corp for 10 subs between fiscal 2014 and 2018. “The Block IV award is the largest shipbuilding contract in U.S. Navy history in terms of total dollar value and builds upon the Virginia-class program’s successful Navy and industry ...
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