Following delays, pending multiship contract awards for 15 nuclear-powered submarines are expected in the second quarter of 2026, HII CEO Chris Kastner told investors today. Funding and multiyear procurement authority for up to 13 block VI Virginia-class attack boats was granted by Congress in 2023, along with authority for five build II Columbia-class ballistic missile submarines in 2025. In April, Naval Nuclear Propulsion Director Adm. William Houston said the incentivization structure of the contracts was still being developed to meet...