US to pay $9.5b for two N-subs

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The U.S. Navy is poised to ink almost $10.4 billion in contracts with General Dynamics Electric Boat to procure the first two Columbia-class ballistic missile submarines, which carry more than a dozen nuclear missiles on constant deterrent patrols, Defense News reports.

The announcement, released by the Defense Department Monday afternoon, detailed an award of $869 million to Electric Boat to complete design work on the subs as part of a contract modification. The announcement also establishes the Navy’s intent to award an additional $9.5 billion for the first two hulls, which will happen once Congress officially approves the two-ship buy and appropriates the money.

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