WASHINGTON — Forced to retire aging submarines and facing an increased need for sub to fend off potential threats from China and Russia, the Navy has an ambitious, $100 billion plan that will boost work at Electric Boat. But, despite its strategic vision and detailed timeline for the new fleet of boats, the Navy doesn’t know yet how it will pay for the ambitious program.
Ohio-class replacement
Posted inNews
Navy names EB prime contractor on new class of ballistic-missile subs
WASHINGTON — The Navy on Monday released a new submarine construction plan that makes Electric Boat the prime contractor on the costly Ohio-class replacement sub and shifts some work on Virginia-class subs to Newport News Shipbuilding. The total price tag of the Ohio-class replacement boats has been projected at $102 to $107 billion.
Posted inNews
Obama budget would cut Black Hawks, F-35s, boost Pell grants, Head Start
WASHINGTON — President Obama’s 2017 proposed budget, released Tuesday, would sharply cut funding for Connecticut -made Sikorsky Black Hawk helicopters and trim the number of F-35s the Pentagon would buy, while boosting spending on certain domestic priorities.
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Betting on Pentagon, Electric Boat to boost hiring this year
Confident of the Navy’s commitment to its submarine fleets and to a new class of nuclear subs, Electric Boat on Monday said it will add about 840 positions to its Connecticut workforce this year.
Posted inPolitics
Navy moving on new nuclear sub EB hopes to build
WASHINGTON — The defense budget is in flux, but the Navy is moving forward on plans for a new nuclear sub Electric Boat hopes to build in partnership with Newport News Shipbuilding.
