Electric Boat Gets $152M More to Build Submarines

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    NEWSLETTERS

    NBCConnecticut.com

    A Groton submarine company is getting $152 million toward the development and design of nuclear-powered attack subs at the New London Naval Submarine Base.

    Rep. Joe Courtney announced the contract modification on Wednesday. With this addition, the total value of the contract with Electric Boat of Groton will amount to nearly $1 billion by the project’s completion in 2014.

    That’s good news for the Navy. The new Virginia-class fast-attack submarines will be specially designed for shallow-water warfare and will allow for attacks both in the water and on shore.

    “This investment shows that even in times of fiscal uncertainty, the work that Electric Boat employees are doing each day remains absolutely crucial to the strength of our submarine fleet,” Courtney said in a press release.

    The original contract was awarded in April 2012 for the construction of three Virginia-class submarines.