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Posted April 29. 2014 1:12PM

Pentagon buys 10 more Virginia-class subs for $17.6B; latest generation needs 25% less shipyard maintenance

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U.S. Navy safety swimmers stand on the deck of the Block II Virginia class submarine USS New Hampshire at the North Pole. The new Block IV submarines will require significantly less shipyard maintenance than the early boats. (U.S. Navy)

The U.S. Navy today underscored its commitment to an advanced and adaptable submarine force by awarding General Dynamics Electric Boat a contract valued at $17.6 billion for the construction of 10 additional Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics.