Navy Virginia (SSN 774) Class Attack Submarine Procurement: Background and Issues for Congress

Abstract

The Navy has been procuring Virginia (SSN-774) class nuclear-powered attack submarines since FY1998. The two Virginia-class boats requested for procurement in FY2017 are to be the 25th and 26th boats in the class. The 10 Virginia-class boats programmed for procurement in FY2014-FY2018 (two per year for five years) are being procured under a multiyear-procurement (MYP) contract. The Navy estimates the combined procurement cost of the two Virginia-class boats requested for procurement in FY2017 at $5,408.9 million, or an average of $2,704.5 million each. The boats have received a total of $1,623.3 million in prior-year advance procurement (AP) funding and $597.6 million in prior-year Economic Order Quantity (EOQ) funding. The Navys proposed FY2017 budget requests the remaining $3,188.0 million needed to complete the boats estimated combined procurement cost. The Navys proposed FY2017 budget also requests $1,767.2 million in AP funding for Virginia-class boats to be procured in future fiscal years, bringing the total FY2017 funding request for the program (excluding outfitting and post-delivery costs) to $4,955.2 million.

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Document Details

Document Type
Technical Report
Publication Date
Oct 25, 2016
Accession Number
AD1021070

Entities

People

  • Ronald O'Rourke

Organizations

  • Congressional Research Service

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Aircraft Carriers
  • Attack Submarines
  • Boats
  • Engineers
  • Los Angeles Class
  • National Security
  • Naval Operations
  • Naval Warfare
  • Navy
  • Nuclear Powered Submarines
  • Nuclear Propulsion
  • Seawolf Class
  • Submarine Warfare
  • Virginia Class

Readers

  • Public Financial Management and Budgeting