Navy Awards Two Shipbuilding Contracts for New Submarines
Operations and Supply Chain Management
APRIL 30, 2014
The multi-boat, multiyear awards are designed to lower production costs, with Virginia-class boats currently costing about $2.8 billion each, according to a recent report from the Congressional Research Service. That is close to the Navy’s long-term price target. They have delivered 10, with eight under construction.
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