BAE Systems Wins $138 Million Navy Submarine Contract

BAE Systems received a $138 million contract from the United States Navy to manufacture propulsors for the Virginia-class submarine program. The agreement covers the production of propulsor assemblies, engineering services, replacement parts, and support services, with an ordering period that extends through September 2032.

The company currently produces two propulsor sets annually and has provided major assemblies for every Virginia-class submarine built to date. Manufacturing and engineering for these components occur at BAE Systems facilities in Louisville, Kentucky; Jacksonville, Florida; and Minneapolis, Minnesota.

Jason Casciotti, vice president of BAE Systems Weapon Systems, stated that the company's scaled facilities and skilled workforce are focused on strengthening the submarine force, adding that the firm is delivering components essential to U.S. undersea dominance.