That includes all projected costs to develop, buy and operate the 12 submarines through 2042. Naval Submarine force levels, and has a total lifecycle cost for the entire class estimated at $347 billion. The Columbia class submarine is essential in order to maintain the U.S. The ceremony marked the ceremonial construction start of the Columbia-class that’s expected to commission in 2027. Eleanor Holmes Norton (D-D.C.) declared the keel laid for the future USS District of Columbia (SSBN-826). On October 28, 2020, it was announced by the Secretary of the Navy that the second Columbia-class submarine will be named the USS Wisconsin (SSBN-827). The lead submarine will be the USS District of Columbia (SSBN-826). The Columbia-class was officially designated on 14 December 2016, by Secretary of the Navy Ray Mabus. Since then, the program has been referred to as the Columbia Class program, and the boats as Columbia-Class Submarines. On July 28, 2016, it was reported that the first boat in the class will be named Columbia in honor of the District of Columbia. Some budget documents continue to use these terms. Boats in the class were referred to as Ohio replacement boats or SSBNXs. The Columbia-class program was known as the Ohio Replacement Program (ORP) or SSBN(X) program until 2016.
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The Navy has also planned the Columbia-class to be fitted with the most "up-to-date capabilities and stealth" to ensure they are survivable throughout their full 40-year life span. The Columbia-Class Submarine will be larger than the Ohio-class design in terms of submerged displacement, and therefore will be the largest submarine ever built by the United States. As the Navy’s top priority, the Columbia-class program will remain funded even at the expense of funding other Navy programs. The Navy has identified the Columbia-class program as its top priority program, and wants to procure the first Columbia-class boat in 2021. Starting in 2031, the Navy plans to replace each retiring Ohio-class boat with a new Columbia-class SSBN submarine. As the Ohio-class SSBNs were first deployed in 1981, they will start reaching the end of their service between 20, at a rate of about one boat per year. The Ohio-class submarines were designed to have a service life of 42 years (two 20-year cycles with a 2-year midlife nuclear refueling period). Price Action: HII shares are trading higher by 0.39% at $210.49 on the last check Tuesday.The Columbia-class program's goal is to design and build a class of 12 new ballistic missile submarines ( SSBNs) to replace the Navy’s current force of 14 aging Ohio-class SSBNs. Navy, as major contributors to the Columbia-class," said Brandi Smith, NNS vice president for Columbia-class construction. "This contract modification underscores the critical manufacturing work our shipbuilders do for the U.S. The advance procurement funds from this subcontract modification, awarded April 4, will allow NNS to purchase major components and commodity material and to begin advance construction on Build II.Īlso Read : Huntington Ingalls Bags $1.3B Contract To Support US Africa Command's Life-Saving Operations The company is currently under contract to construct submarine modules for Build I, the first two submarines in the class: District of Columbia (SSBN 826) and Wisconsin (SSBN 827). The contract is to provide material and advance construction activities for Columbia-class ballistic missile submarines.
General Dynamics Electric Boat is a subsidiary of General Dynamics Corporation (NYSE: GD).
Huntington Ingalls Industries Inc's (NYSE: HII) Newport News Shipbuilding (NNS) division has secured a $567.6 million subcontract modification from General Dynamics Electric Boat.
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