More Submarine Money

Military.com; Today in the military

Bush Approves More Submarine Money

Associated Press | November 14, 2007

WASHINGTON – President Bushsigned a defense spending bill Tuesday that would double Virginia-class submarine production to two boats per year, capping a long battle by Connecticut and Rhode Island lawmakers eager to protect home-state jobs.

The lawmakers won House and Senate approval of the measure last week. They have been pressing the Navy for several years to accelerate plans to double production of the high-tech attack submarine. Boosting production could help safeguard jobs at Electric Boat, the submarine-maker with facilities in both states.

The bill includes $588 million to allow the Navy to begin building two boats per year as early as 2010, lawmakers said.

About 7,600 people work at Electric Boat’s shipyard in Groton while about 2,000 are employed at the company’s Quonset Point facility in Rhode Island. Electric Boat, a division of General Dynamics Corp., and Northrop Grumman Newport News in Virginia together produce one $2.5 billion submarine a year.

Read More Here

I thought this was interesting!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: