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Fiscal Receipts

Virginia Class Submarine

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What it is
The Virginia Class Submarine (VCS) program funds construction of the U.S. Navy's nuclear-powered attack submarines under the 'Shipbuilding and Conversion, Navy' account, and is categorized as a shipbuilding program.
What changed
-$2.24B FY25→26 P-1 TOA · PB2026
Who gets it
GENERAL DYNAMICS leads 4 contractor families sharing $55.4B in high-confidence matched awards.
01 / Sea / Field guideAll exhibits

Explore the investment beneath the surface.

Pilot exhibit
Side elevation of a Virginia-class submarine in a drydock under a gantry crane, with a second hull in sections on the apron.
Illustrative geometry · Select a funding topic
What the program supports

Ship construction

The Navy’s request supports construction of Virginia-class submarines. The budget narrative also describes funding to complete ships procured in earlier years.

$11.1BP-1 TOA · PB2026

Funding for this budget line. The illustration does not allocate costs to individual parts.

Full budget & accounting notes

Simplified submarine and shipyard illustration. Objects show funding topics, not quantities or component costs.

Budget figures

FY24 Actuals
$10.7BP-1 TOA · PB2026
FY25 Enacted
$13.3BP-1 TOA · PB2026
FY26 Request
$11.1BP-1 TOA · PB2026
64.4% reconciliation

$3.94B discretionary + $7.13B one-time reconciliation. Discretionary change vs FY2025 enacted: -70.4%.

FY25→26 Change
-$2.24BP-1 TOA · PB2026

Two official figures, one label— reconciled below

Fiscal Receipts uses P-1/R-1 workbook total obligation authority (TOA) as the headline figure sitewide. The workbook TOA includes budget rows that the R-2/P-40 J-book program line excludes — advance procurement in an ordinary year, and in FY2026 the one-time reconciliation appropriation as well. Each row below names the one it is. How the two bases relate →

FY26 Request · $11.1B TOA − $4.45B J-book line = 6.62B (11,078.0 − 4,453.9 = 6,624.1) — $7.13B of one-time FY2026 reconciliation money accounts for this gap — not advance procurement

Figures in the sentence are rounded for reading; the parenthesised arithmetic is the same subtraction in USD millions, at the precision where it closes.

Data coverage

FY2026 award data is a partial year — USAspending reports awards on a rolling basis, and this corpus runs through 2026-09-04. why partial FY2026 data? →

Budget trajectory

The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends higher than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.
The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends higher than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.FY24: $10.7BFY25: $13.3BFY26: $11.1BFY24FY25FY26
Budget trajectory: one row per fiscal year, carrying the summary figure the sparkline plots. Every figure opens its own citation.
Fiscal yearAmount
FY24$10.7B
FY25$13.3B
FY26$11.1B

All series figures: P-1 TOA · PB2026

Decade view

P-1/R-1 workbook TOA basis, shown compact in $B/$M (the workbook records USD thousands); each figure cites its own President's Budget edition

5 fiscal years of this program as published (FY2022–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.
5 fiscal years of this program as published (FY2022–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.FY2022 actuals — PB2024 editionFY2023 actuals — PB2025 editionFY2024 actuals — PB2026 editionFY2023 enacted — PB2024 editionFY2024 enacted — PB2025 editionFY2025 enacted — PB2026 editionFY2024 request — PB2024 editionFY2025 request — PB2025 editionFY2026 request — PB2026 editionFY22FY23FY24FY25FY26

The vertical scale does not start at zero: the baseline sits just below this program’s smallest year, so a low point on this line is not a small amount. Read the shape for direction and the grid below for the figures.

● actuals (line)  ·  ○ enacted  ·  ◇ request — gaps are editions the program is absent from, never interpolated.

Decade series values by fiscal year and President's Budget edition: one row per series (actuals, enacted, request), one column per fiscal year. Every figure opens its own citation.
SeriesFY22FY23FY24FY25FY26
Actuals$6.34B$6.86B$10.7B
Enacted–$6.86B$10.3B$13.3B
Request––$10.3B$7.34B$11.1B

blank = series not published for this year; – = absent from that edition.

Asked vs spent: the PB2024 book requested $10.3B for FY2024; the PB2026 book reported $10.7B as actual total obligation authority — $311.4M above the request. 10,656.9 − 10,345.5 = 311.4 USD millions — the compact figures above are rounded for reading.

Program lineage

No predecessor/successor lineage was recorded for this program element — no FY-to-FY transfer into or out of this line was stated in the ingested J-books, and none was inferred from the program structure.

Description

Description — Virginia Class Submarine

MISSION: To seek out and destroy enemy ships across a wide spectrum of tactical scenarios, working both independently and in concert with a battle group/other ships, providing Joint Commanders with early, accurate knowledge of the battlefield on which power may be projected from sea; covert striking power against targets ashore; the capability to establish covertly an expeditionary force on land; and the maritime strength to destroy enemy naval forces and interdict seaborne commerce. NOTE: For VIRGINIA Class Submarine (VCS), the Department requests a total of $11,078,029 thousand and a total quantity of 2 ships. This request includes $3,943,521 thousand of discretionary and a quantity of 1 and $7,134,508 thousand and a quantity of 1 of mandatory for a total of $11,078,029 thousand and a quantity of 2. The mandatory funds one FY 2026 VCS as well as continued investments in nuclear shipbuilder productivity wage enhancements. The discretionary includes funds for one FY 2026 VCS, and advance procurement and economic order quantity funds for future VIRGINIA Class Submarines. Further information for this reconciliation request is provided in Section 20002 (Shipbuilding) of the Reconciliation Exhibit. The program is currently executing the fourth Multi-Year Procurement (MYP) (Block V) contract which was awarded on 2 December 2019, modified on 22 March 2021 to exercise an option for a tenth SSN, and subsequently modified on 30 April 2025 to include the FY 2024 eleventh and twelfth SSNs. The April 2025 modification includes funds received via the American Relief Act (ARA) of 2025 (H.R.10545) to support construction of the FY 2024 hulls ($1,950M) and FY 2025 hull ($1,528M), as well as investments in shipbuilder workforce support and infrastructure enhancements ($2,213M). Block V incorporates Acoustic Superiority (AS) modifications on all SSNs, and VIRGINIA Payload Module (VPM) beginning with SSN 803. All Block V SSNs will include modifications to provide enhanced capability and improved performance based upon efforts performed via RDT&E (PE 0604558N/Prj 1947). VPM is an 84-foot hull section with four additional payload tubes, each capable of carrying seven Tomahawk cruise missiles or various other payloads. VPM helps mitigate the loss of undersea strike capability with the retirement of the Service's four guided missile submarines (SSGNs) in the late-2020s. Funding associated with these changes to the baseline are shown in more detail on subsequent pages of these exhibits. The program is currently planning the fifth MYP (Block VI) contract for FY 2025 - FY 2029 procurements.

Justification

Justification — Virginia Class Submarine

The FY 2026 request for VIRGINIA Class Submarine (VCS) includes $3,943,521 thousand of discretionary and a quantity of 1 and $7,134,508 thousand and a quantity of 1 of mandatory (reconciliation) for a total of $11,078,029 thousand and a quantity of 2. The mandatory funds one FY 2026 VCS as well as continued investments in nuclear shipbuilder productivity wage enhancements. Further information for this reconciliation request is provided in Section 20002 (Shipbuilding) of the Reconciliation Exhibit. FY 2026 funds Advance Procurement (AP) and economic order quantity for future SSNs, Full Funding ($817M), as well as $130 million of Submarine Industrial Base (SIB) investment for construction spares to help de-risk schedules (Advance Procurement funded in Plans- see exhibit P-10). FY 2026 includes Completion of Prior Year Shipbuilding Programs (cost-to-complete) for the Block IV FY 2016 SSNs 796 and 797 ($121.5M) FY 2017 SSNs 798 and 799 ($99.1M), and FY 2018 SSNs 800 and 801 ($289.8M) to finance the Government responsible portion of the shipbuilding construction contract overrun.

Budget line items(workbook-cited)

P-1/R-1 workbook Total Obligation Authority basis (USD thousands) · PB2026.

Exhibit P-1

AccountOrgTypeAmount
Shipbuilding and Conversion, NavyNFY24 Actuals$10.7B
Shipbuilding and Conversion, NavyNFY25 Enacted$13.3B
Shipbuilding and Conversion, NavyNFY26 Disc. Request$3.94B
Shipbuilding and Conversion, NavyNFY26 Reconciliation$7.13B
Shipbuilding and Conversion, NavyNFY26 Total$11.1B

Budget Details(R-2/P-40 facts)

J-book detail basis (R-2/P-40, USD millions) · PB2026 — a different accounting basis from the P-1/R-1 workbook TOA above; where the two disagree, the reconciliation strip under Budget figures shows both.

Wider than this screen — swipe the table sideways for the remaining fiscal-year columns.

ProjectAll Prior YearsFY24 ActualsFY25 TotalFY26 BaseFY26 Request
Program Element$112.3B$10.7B$13.3B$4.45B$4.45B

Follow the dollar

Appropriation → program element → top high-confidence awards → recipient families → congressional districts.

Follow-the-dollar covers 312 of 1,938 programs — only high-confidence budget→award links are shown. why coverage is partial? →

The program's money traced left to right: the N appropriation, program element 2013 (Virginia Class Submarine), its 9 largest high-confidence awards, the 3 recipient families behind them, and the 4 congressional districts the work is recorded in. Read it for concentration — how few families and districts the awards run through. Amounts inside the diagram are illustrative per-award transaction sums; the table below carries the cited per-district obligations.
The program's money traced left to right: the N appropriation, program element 2013 (Virginia Class Submarine), its 9 largest high-confidence awards, the 3 recipient families behind them, and the 4 congressional districts the work is recorded in. Read it for concentration — how few families and districts the awards run through. Amounts inside the diagram are illustrative per-award transaction sums; the table below carries the cited per-district obligations.APPROPRIATIONPROGRAM ELEMENTTOP AWARDSRECIPIENT FAMILIESDISTRICTSNProcurement appropriation201311.1B FY26N0002417C2100ELECTRIC BOAT CORPORATION36.0BN0002412C2115ELECTRIC BOAT CORPORATION8.13BN0002424C2110ELECTRIC BOAT CORPORATION7.11BN0002420C2120ELECTRIC BOAT CORPORATION5.20BN0002415C4103BAE SYSTEMS LAND & ARMAMENT…123.4MN0002421C4106BAE SYSTEMS LAND & ARMAMENT…85.2MN0002419C6269LOCKHEED MARTIN CORPORATION44.7MN0016721F0120BAE SYSTEMS LAND & ARMAMENT…18.7MN0002409C4137BAE SYSTEMS LAND & ARMAMENT…277.7KGeneral Dynamics CorpBAE Systems PLCLockheed Martin CorpCT-02MN-05NY-22KY-03

The diagram illustrates the cited table below — amounts shown in the diagram are transaction sums per award (no citation chips); the per-district obligations in the table cite USAspending queries.

The diagram as text: one row per congressional district in the diagram, the recipient families shown there, and that district's cited program obligations.
DistrictProgram obligations
CT-02$55.1B
MN-05$224.0M
NY-22$44.5M
KY-03-$2.40M

Related awards

Award linkage is shown for 32 of 200 profiled companies — high- and medium-confidence USAspending matches, each row labeled; medium is the weaker evidence. why partial award coverage? →

Rows marked medium rest on evidence weaker than a program-level match, and of more than one kind. An account-based row, where the award drew from the same appropriation account as this program, is an association, not evidence that this program paid for the contract. Where the evidence is instead an FPDS acquisition-program tag or a subaward description, the program is established but which of its budget lines paid is not. An announcement link a recorded review did not leave standing is medium too. Only high rows rest on the contract naming this program with a recorded review upholding it and no recorded rejection or refutation applying.

RecipientPIIDConfidence
BAE SYSTEMS LAND & ARMAMENTS L.P.N0002409C4137high
BAE SYSTEMS LAND & ARMAMENTS L.P.N0002415C4103high
BAE SYSTEMS LAND & ARMAMENTS L.P.N0002421C4106high
BAE SYSTEMS LAND & ARMAMENTS L.P.N0016721F0120high
BAE SYSTEMS LAND & ARMAMENTS L.P.N0016724D0004high
ELECTRIC BOAT CORPORATIONN0002412C2115high
ELECTRIC BOAT CORPORATIONN0002417C2100high
ELECTRIC BOAT CORPORATIONN0002420C2120high
ELECTRIC BOAT CORPORATIONN0002424C2110high
LOCKHEED MARTIN CORPORATIONN0002419C6269high
SEEMANN COMPOSITES, LLCN0016720D0015high
3 PHOENIX, INC.N0002413C6264medium
BAE SYSTEMS LAND & ARMAMENTS L.P.N0002417F4109medium
BAE SYSTEMS LAND & ARMAMENTS L.P.N0002419F4126medium
DEFENSE MARITIME SOLUTIONS, INC.N6278920P0005medium
ELECTRIC BOAT CORPORATIONN0002409C2104medium
ELECTRIC BOAT CORPORATIONN0002410C2118medium
ELECTRIC BOAT CORPORATIONN0002416C2111medium
L3 TECHNOLOGIES, INC.N0002411C6293medium
L3 TECHNOLOGIES, INC.N0002415C6250medium
ROLLS-ROYCE MARINE NORTH AMERICA INC.N0002412C4158medium

Contractor concentration

HHI Indexⓘ
9904
Highly Concentrated
2023 Merger Guidelines bands
Top Contractor
GENERAL DYNAMICS
Contractor Families
4
Program Obligationsⓘ
$55.4B

High-confidence award links only, pooled across ingested years. The index uses positive obligations; program obligations are net of deobligations. The figures over every published link, including medium-confidence ones, are in the downloadable warehouse, not on this page — why.

Lobbying mentions

Showing 25 of 38 from the Senate LDA disclosure database.

GENERAL DYNAMICS CORPVirginia|Class|Submarine2026matched 2+ title words

FY26 and FY27 State and Foreign Operations & FY26 and FY27 Department of State issues and funding including but not…

GENERAL DYNAMICS CORPVirginia|Class|Submarine2026matched 2+ title words

FY27 State and Foreign Operations & FY27 Department of State issues and funding including but not limited to relevant…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2026matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2026matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2026matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2026matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2026matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

GENERAL DYNAMICSVirginia|Class2025matched 2+ title words

Monitored issues related to military equipment sales to key nations and the Australia - United Kingdom - United States…

GENERAL DYNAMICS CORPVirginia|Class|Submarine2025matched 2+ title words

FY25 and FY26 State and Foreign Operations & FY24 Department of State issues and funding including but not limited to…

GENERAL DYNAMICS CORPVirginia|Class|Submarine2025matched 2+ title words

FY25 and FY26 State and Foreign Operations & FY24 Department of State issues and funding including but not limited to…

GENERAL DYNAMICS CORPVirginia|Class|Submarine2025matched 2+ title words

FY25 and FY26 State and Foreign Operations & FY24 Department of State issues and funding including but not limited to…

GENERAL DYNAMICS CORPVirginia|Class|Submarine2025matched 2+ title words

FY25 and FY26 State and Foreign Operations & FY24 Department of State issues and funding including but not limited to…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2025matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2025matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2025matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

GENERAL DYNAMICS CORPORATIONVirginia|Class|Submarine2025matched 2+ title words

Lobbied for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDVirginia|Class|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDClass|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

HUNTINGTON INGALLS INDUSTRIES INCORPORATEDVirginia|Class|Submarine2025matched 2+ title words

Carrier Replacement Program VCS CVN RCOH DDG-51 Class Multi-year Procurement DDG(X) DDG 1002 LHA and LPD Flight II…

GENERAL DYNAMICSVirginia|Class2024matched 2+ title words

Monitored issues related to military equipment sales to key nations and the Australia - United Kingdom - United States…

GENERAL DYNAMICSVirginia|Class2024matched 2+ title words

Monitored issues related to military equipment sales to key nations and the Australia - United Kingdom - United States…

GENERAL DYNAMICSVirginia|Class2024matched 2+ title words

House (no bill number) and Senate (no bill number) Fiscal Year 2025 Department of Defense Appropriations Bill - issues…

Oversight

Department-level designation (not specific to this program)

GAO lists 5 high-risk areas for DOD as a whole. That designation covers the department, not Virginia Class Submarine. No program-specific GAO finding for this line is in the ingested data. See the DOD oversight record.

Program dossier

Every sentence below carries its citation — warehouse figures open the citation panel, news claims link the cached source.

Research dossiers exist for 50 of 1,938 programs — the 50 largest fully J-book-detailed programs by FY2026 request. why no dossier here? →

What it is

  • The Virginia Class Submarine (VCS) program funds construction of the U.S. Navy's nuclear-powered attack submarines under the 'Shipbuilding and Conversion, Navy' account, and is categorized as a shipbuilding program.
  • The stated mission of these submarines is to seek out and destroy enemy ships across a wide spectrum of tactical scenarios, operating either independently or with a battle group, and to provide covert striking power against targets ashore, the ability to establish an expeditionary force on land, and the maritime strength to destroy enemy naval forces and interdict seaborne commerce.
  • For fiscal year 2026, the Department requests a total of $11,078,029 thousand (about $11.1 billion) for a total quantity of 2 ships.
  • That FY2026 total is split into $3,943,521 thousand of discretionary funding for one ship and $7,134,508 thousand of mandatory (reconciliation) funding for one ship.
  • The mandatory funding pays for one FY2026 submarine plus continued investments in nuclear shipbuilder productivity wage enhancements, while the discretionary funding covers one FY2026 submarine along with advance procurement and economic order quantity funds for future submarines.
  • The program is currently executing its fourth Multi-Year Procurement (MYP) contract, known as Block V, which was awarded on 2 December 2019, modified on 22 March 2021 to add a tenth submarine, and modified again on 30 April 2025 to include the FY2024 eleventh and twelfth submarines.
  • Block V submarines incorporate the Virginia Payload Module (VPM), an 84-foot hull section with four additional payload tubes, each capable of carrying seven Tomahawk cruise missiles or other payloads, beginning with hull SSN 803.
  • The VPM is intended to help mitigate the loss of undersea strike capability that will come with the planned retirement of the Navy's four guided missile submarines (SSGNs) in the late-2020s.
  • The program is also planning its fifth Multi-Year Procurement contract, Block VI, covering procurements from FY2025 through FY2029.

Why it matters

  • The program is a large and growing line: actual spending in FY2024 was $10,656,927 thousand (about $10.7 billion).
  • For FY2025, enacted funding was $13,320,211 thousand (about $13.3 billion).
  • The FY2026 request of $11,078,029 thousand represents an increase over the FY2024 actual level of $10,656,927 thousand.
  • FY2026 funding includes $130 million of Submarine Industrial Base (SIB) investment for construction spares to help de-risk schedules, plus $817 million of full funding for advance procurement and economic order quantity for future submarines.
  • FY2026 also funds completion of prior-year shipbuilding programs to cover the Government's share of contract cost overruns: $121.5 million for the FY2016 SSNs 796 and 797, $99.1 million for the FY2017 SSNs 798 and 799, and $289.8 million for the FY2018 SSNs 800 and 801.
  • The April 2025 contract modification drew on funds from the American Relief Act of 2025 (H.R.10545) — $1,950 million to support FY2024 hulls, $1,528 million for the FY2025 hull, and $2,213 million for shipbuilder workforce support and infrastructure enhancements.

Key players

  • Lobbying filings from General Dynamics Corporation reported lobbying for full funding of the Virginia Class and Columbia Class submarine programs and funding for the submarine industrial base.
  • Additional 2025 filings from General Dynamics Corporation similarly referenced lobbying for full funding of the Virginia Class and Columbia Class submarine programs.
  • Filings from General Dynamics also referenced monitoring issues related to military equipment sales to key nations and the Australia–United Kingdom–United States (AUKUS) partnership.
  • Lobbying filings from Huntington Ingalls Industries Incorporated referenced the Virginia Class Submarine (VCS) among a list of Navy programs including the Carrier Replacement Program, CVN RCOH, DDG-51 class multi-year procurement, DDG(X), LHA, LPD Flight II, and Columbia class.
  • A 2025 Huntington Ingalls Industries filing likewise referenced the Virginia Class Submarine among its list of Navy programs.

Primary sources

Open any budget figure for its exact receipt. Verified line items lead with the highlighted government PDF; original spreadsheets download with their budget edition and exhibit in the filename.

Budget totals · TOA sources

Detailed budget justification

The related TOA spreadsheets above use a different accounting basis from R-2/P-40 detail. Their amounts are not assumed to match these detailed sources.