Navy Awards $14 Billion Multiyear Contract For Virginia Subs
SUB AWARD: The U.S. Navy said late Dec. 22 it signed a five-year, $14 billion multiyear contract for eight Virginia-class submarines with Northrop Grumman and General Dynamics. The Block III contract calls for one ship annually in fiscal 2009 and 2010, then two per year in 2011, 2012 and 2013. The...
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