"The US Navy has awarded General Dynamics Electric Boat a $95.5 million contract modification to continue development of the Common Missile Compartment for the US Navy’s Columbia-class submarine and the Royal Navy’s Dreadnought-class ballistic-missile submarine," the release stated.
The contract is part of a larger five-year, $1.85 million contract for for research and development work for the Navy’s next-generation ballistic-missile submarine.
General Dynamics explained that the contract modification is for 17 missile tubes which will support the manufacture of the Common Missile Compartment.
Construction on the first of the Columbia class submarines will begin in 2021. The potential value of the effort is $2.5 billion.
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