HII is Awarded Contract Modification for Construction of Two Additional Block V Virginia-class Submarines

Core Points - HII's Virginia-class shipbuilding team has received a contract modification for the construction of two Block V submarines for fiscal year 2024 [1][2] - The contract modification involves Newport News Shipbuilding and General Dynamics Electric Boat, authorizing the construction of the 11th and 12th fast-attack submarines under the Block V contract [1] - HII has successfully built and delivered a total of 24 Virginia-class submarines to date [2] Company Overview - HII is recognized as the largest military shipbuilder in the United States, with over 135 years of experience in enhancing national security [6] - The company employs a workforce of 44,000 and provides a wide range of capabilities, including ships, unmanned systems, cyber solutions, ISR, AI/ML, and synthetic training [6] - HII's mission focuses on delivering powerful ships and all-domain solutions to protect peace and freedom globally [5]