Artist’s rendering of the Columbia-class SSBN submarine. US Navy Image
The Navy and its lead builder for a new class of ballistic-missile submarines have hammered out their path forward for how to fully fund the first two boats, the head of Navy procurement told reporters on Monday.
The agreement, pending Department of Defense and congressional approval, lays out a cost and incentive schedule for the full-rate construction contract options for $9.5 billion for first two Columbia-class (SSBN-826)...