The Virginia (SSN-774)-class submarine construction program is proceeding on a schedule consistent with the master schedule established in 1993, and is essentially on budget, considering inflation and material cost adjustments. The lead ship of the class is approximately 75% complete (as of July 2002) with cost performance on track to achieve a significant reduction in acquisition cost compared to the Seawolf (SSN-21). All material to support the construction schedule of all four ships is available or on order. This successful performance has its origins in the concurrent engineering design process called Design Build.
Virginia: On time, On Budget
By William Kowenhoven and Fredrick J. Harris