On July 29, the U.S. Navy awarded $42.1 billion for nine new Virginia-class fast attack submarines, designated SSN 814 through 822, as part of a $76.6 billion multi-year procurement package, according to the U.S. Navy.
The contract award is the latest in a series of major U.S. defense investments. As The Zioneer reported, the U.S. House recently passed a $95 billion Iran war budget, and the Space Development Agency awarded $1.75 billion for missile defense satellites under the Golden Dome program. The Virginia-class submarines are a key component of the U.S. Navy's fast-attack fleet, and this multi-year procurement ensures continued production through the 2030s.
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