# HII receives $305M contract modification for Virginia-class submarines

HII's Newport News Shipbuilding division received a $305.2 million contract modification from General Dynamics Electric Boat to procure long-lead-time material for two additional Block V Virginia-class submarines, bringing the overall contract value to $10.2 billion.

- Type: Contract
- Announced: 2023-05-24
- Where: Newport News, Virginia, United States
- Value: $305.2M
- Status: announced
- Products: Virginia-class submarines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HII](https://endata.com/companies/39223.md)
- [General Dynamics Electric Boat](https://endata.com/companies/5313.md) (customer)

## Sources

- [business.woonsocketcall.com](https://business.woonsocketcall.com/observerreporter/article/gnwcq-2023-5-24-hii-is-awarded-advance-procurement-contract-modification-for-virginia-class-block-v-submarines), 2023-05-24: "HII announced today that its Newport News Shipbuilding division has received a $305.2 million contract modification from General Dynamics Electric Boat to procure long-lead-time material for two additional Block V Virginia-class submarines."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.