January 06 2017
The outgoing head of acquisition for the Pentagon has given his approval for advanced development for the Navy's planned fleet of 12 nuclear-powered ballistic-missile submarines (SSBNs), reports Bloomberg News.
The Navy is in contract talks with General Dynamics, which is leading the project to replace the Ohio-class SSBNs. Huntington Ingalls Industries is the top subcontractor.
The service's latest cost estimate puts research and development at $13 billion and procurement at...
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