Initially awarded in December 2012, the five-year $1.85 billion contract calls for Electric Boat to perform research and development work for the US Navy’s next-generation ballistic-missile submarine, due to begin construction in 2021 with a total potential value of $2.5 billion, the release noted.
The replacement submarine, formerly the SSBN-X Future Follow-on Submarine, is being designed to replace the current Ohio-class ballistic missile-carrying nuclear submarines.
The first submarine is scheduled to begin construction in 2021 and enter service in 2031.
Electric Boat is a wholly owned subsidiary of General Dynamics.
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