Press Releases July 29, 2026 05:45 PM

HII is Awarded Contracts for Construction of Block VI Virginia-class and Build II Columbia-class Submarines

HII Secures $76.6 Billion in Submarine Contracts for Block VI Virginia-class and Build II Columbia-class Vessels

By Maya Rios
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HII, through its Newport News Shipbuilding division, has been awarded approximately $76.6 billion in U.S. Navy contracts for the construction of five additional Columbia-class and nine additional Virginia-class nuclear submarines. The contracts also include funding for shipyard infrastructure improvements. HII will build multiple submarines and submarine sections, continuing its leadership in U.S. naval shipbuilding and defense technologies.

HII is Awarded Contracts for Construction of Block VI Virginia-class and Build II Columbia-class Submarines
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Key Points

  • HII and General Dynamics Electric Boat received contract modifications totaling about $76.6 billion from the U.S. Navy.
  • The contracts cover the construction of five Columbia-class and nine Virginia-class submarines, plus shipyard infrastructure funding.
  • Newport News Shipbuilding will deliver six Virginia-class submarines and construct six module sections per Columbia-class submarine.
  • Sectors impacted include U.S. defense, naval shipbuilding, aerospace and defense manufacturing, and infrastructure development.

NEWPORT NEWS, Va., July 29, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that the U.S. nuclear submarine shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded contracts for construction of Block VI Virginia-class and Build II Columbia-class submarines.

The combined total of approximately $76.6 billion in contract modifications from the U.S. Navy to HII’s Newport News Shipbuilding and General Dynamics Electric Boat (GDEB) is to support the construction of five additional Columbia-class, nine additional Virginia-class submarines, and other funding for shipyard infrastructure.

In the Virginia-class program, NNS will serve as the delivery yard for six of the planned submarines. In the Columbia-class program, NNS is a major shipbuilding partner, constructing and delivering six module sections per submarine.

“We are committed to building the nuclear-powered submarines that protect our nation,” NNS President Kari Wilkinson said. “These contracts provide the American shipbuilding industrial base the opportunity to demonstrate that commitment in a meaningful way and we are honored to serve our customer and our country.”

NNS and GDEB have built and delivered 26 Virginia-class submarines to date.


A photo accompanying this release is available at: http://hii.com/news/hii-is-awarded-contracts-for-construction-of-block-vi-virginia-class-and-build-ii-columbia-class-submarines/.

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong. For more information, visit:

  • HII on the web: https://www.HII.com/
  • HII on Facebook: https://www.facebook.com/TeamHII
  • HII on X: https://www.twitter.com/WeAreHII
  • HII on Instagram: https://www.instagram.com/WeAreHII
  • HII on LinkedIn: https://www.linkedin.com/company/wearehii

Contact:

Todd Corillo
[email protected]
(757) 688-3220

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/675cac32-80d8-4d2b-bd11-a32099dec39a


Risks

  • Delays or cost overruns in complex submarine construction projects could impact profitability and delivery schedules.
  • Dependence on U.S. government defense spending and budget allocations introduces potential funding risks.
  • Technical challenges in advanced nuclear-powered submarine production may pose operational and financial uncertainties.

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