WASHINGTON – The U.S. Navy is proud to announce a groundbreaking co-investment collaboration to bolster U.S. maritime dominance and national security.
In order to meet submarine production requirements, and in support of Navy Secretary Carlos Del Toro’s Maritime Statecraft initiative, the Navy and its submarine industrial base partners are committed to rebuilding a manufacturing base that has shrunk to just one-third of its capacity from 30 years ago. As part of this challenge, submarine production must nearly double, requiring an additional 3.5 to 4.5 million submarine module production and outfitting hours annually. This partnership will play a key role in ensuring submarine shipbuilders can meet the Navy’s required sustained submarine construction cadence for the Columbia Class and Virginia Class submarine programs.