Why it’s on the map
Electric Boat: Buy American / Jones Act + 50% steel tariffs lock in domestic yards. FY27 request $65.8B for Navy shipbuilding.
Government money & contracts
July 30, 2026: $29.5B for five Columbia-class + share of $42.1B for nine Virginia-class Block VI + $5B nuclear shipbuilding infrastructure ($76.6B package with HII).
Customers & commercial
US Navy.
Catalysts
Q3 late Oct; FY27 NDAA.
Risk
Lead Columbia boat slipped to 2028; labor; tariff-inflated steel on fixed-price work.
Tariff durability
Durable.