US Navy Releases Funds For Next Virginia Sub

By Michael Fabey .

The U.S. Navy has released $1.2 billion for construction of the 14th Virginia-class submarine (SSN-787) to General Dynamics Electric Boat, marking the beginning of production of two submarines per year on the Virginia-class program.

While the Navy had already contracted for the sub, the funding was delayed by the continuing resolution that capped Pentagon spending on many programs. The ...

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