Submarines

Submarines

General Dynamics Virginia-Class Submarine Program Revealed to Be $17 Billion Over Budget with 2-3 Year Delays

| Importance: 9/10

Representative Ken Calvert, chairman of the House defense appropriations subcommittee, disclosed that General Dynamics’ Virginia-class submarine program faced a projected $17 billion cost overrun through 2030, increasing the program’s total cost from $184 billion and delaying submarine …

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General Dynamics Pays $4 Million to Settle Fraud Charges for Defective Submarine and Aircraft Parts

| Importance: 8/10

General Dynamics Armament and Technical Products agreed to pay $4,058,750 to settle federal fraud charges that it defectively manufactured or failed to properly test components for Navy aircraft and submarines, then fraudulently billed the government despite knowing the equipment did not meet …

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