Austal Wins $450-Million Submarine Contract

 Austal USA was recently awarded a $450-million contract by General Dynamics Electric Boat to expand submarine module production capacity in Mobile in support of the U.S. Navy Submarine Industrial Base. This contract award will fund Austal to enhance its existing infrastructure by designing, constructing and outfitting a new module fabrication and outfitting facility to support the Navy’s goal of delivering one Columbia-class and two Virginia-class submarines annually. Construction of the new building will start this fall and be complete in 2026. When fully operational, the building will support approximately 1,000 jobs and provide capability to fabricate, outfit and transport submarine components.