The U.S. Navy awarded $76.6 billion to General Dynamics Electric Boat and Newport News Shipbuilding to expand production of Virginia-class attack submarines and Columbia-class nuclear ballistic…

The U.S. Navy awarded $76.6 billion to General Dynamics Electric Boat and Newport News Shipbuilding to expand production of Virginia-class attack submarines and Columbia-class nuclear ballistic missile submarines. The funding supports the U.S. nuclear deterrent, the AUKUS partnership, and efforts to strengthen the submarine industrial base despite ongoing shipbuilding delays and workforce shortages. Source: Axios