GAO Report on Risk in Defense Industrial Base

The following is the July 7, 2022, Government Accountability Office report, Defense Industrial Base DoD Should Take Actions to Strengthen Its Risk Mitigation Approach.

From the report

The Department of Defense’s (DOD) Industrial Base Policy office does not yet
have a consolidated and comprehensive strategy to mitigate risks to the
industrial base—the companies that develop and manufacture technologies and
weapon systems for DOD. The office is using a combination of four previously
issued reports...

https://news.usni.org/2022/07/08/gao-report-on-risk-in-defense-industrial-base

Electric Boat Awarded $2.4 Billion for 2nd FY 2021 Virginia-class Attack Boat

Rendering of Block V Virginia-class submarine with Virginia Payload Module. General Dynamics Electric Boat Image

The Navy today awarded a construction contract for a second Virginia-class attack submarine this fiscal year, which the Trump administration had cut from its FY 2021 budget request and the House Armed Services Committee fought to have included in the final spending and defense bills.

The Navy awarded $2.42 billion to General Dynamics Electric Boat for SSN-811, a Block V Virginia-class...

https://news.usni.org/2021/03/19/electric-boat-awarded-2-4-billion-for-2nd-fy-2021-virginia-class-attack-boat

General Dynamics CEO Says Electric Boat Ready To Meet ‘Increased Demand’ for Submarines

USS Vermont (SSN-792) transits the Thames River while conducting routine operations on Oct. 15, 2020. US Navy Photo

General Dynamics is equipped to meet the Navy’s “increased demand” for submarines, the company’s chief executive officer told investors on Wednesday.

With a multi-billion dollar contract for the Virginia Block V program, the company’s Marine Systems business hit revenue records in Fiscal Year 2020. While the Trump administration forecasted more submarine work in the coming years,...

https://news.usni.org/2021/01/27/general-dynamics-ceo-says-electric-boat-ready-to-meet-increased-demand-for-submarines