A GAO (U.S. Government Accountability Office) report says that Navy’s cost estimate to construct 12 Columbia class submarines—$115 billion—is not realistic because it is based on several overly optimistic assumptions, such as
NOVEMBER 7, 2018 – Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding division has been awarded a $197 million modification to a previously awarded contract from General Dynamics Electric Boat
SEPTEMBER 13, 2018 — General Dynamics Electric Boat Corp., Groton, CT, has been awarded a $480,601,156 modification to a previously awarded contract in preparation for fiscal 2019 and 2020 lead ship advance
JANUARY 7, 2018 — A GAO study finds that additional development and testing are required to demonstrate the maturity of several Columbia class submarine technologies that are critical to performance, including the
DECEMBER 23, 2016 — Corp., Groton, Connecticut, is being awarded a $146,725,510 modification to increase the design support requirements under a previously awarded Navy contract (N00024-13-C-2128) for the Columbia-class submarine, the newest
