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A fire raged through the nuclear-powered Los Angeles-class fast attack submarine USS Miami on Wednesday 23 May while sitting in a dry dock at...
The U.S. Navy took delivery of PCU Mississippi (SSN 782) from General Dynamics Electric Boat (GDEB) yesterday May 2, 2012 one year early to the submarine's contract delivery date of April 30, 2013. PCU Mississippi took just more than 62 months to build, which set the record for the Virginia Class Submarine Program's fastest delivery
The military submarine market is expected to continue growing in a modest pace through the second decade of the 21st century, as naval forces are inducting modern, more capable submarines, designed for extended operational missions at sea.
Submarines form an essential core of today’s naval fleets as a result of their flexible mission capabilities and ability to complement other strategic resources. Worldwide, 41 countries possess submarine capability and together operate 450 submarines. Most of these nations are modernizing their fleets or increasing them as a result of changing security situations. A total of 154 submarines are to be procured over the forecast period, costing US$186.3 billion.