The US Navy announced tens of billions of dollars for new attack and ballistic missile submarines, as well as more money to support the workforce needed to build them.
Navy shipbuilding projects have faced years of delays and cost overruns, particularly for its top submarine programs, raising concerns as China’s already-massive fleet continues to grow and introduce new capabilities.
The awards total $76.6 billion, covering the new submarines as well as investments in shipyard infrastructure and modernization, workforce support, and supply chains. Fourteen submarines are included: five Columbia-class submarines at around $30 billion and nine…
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