Established in 1992, the Submarine Industrial Base Council seeks to educate policymakers and the public about the nation's ability to design, build, and maintain submarines.

The SIBC encourages its membership to engage in dialogue with decision and policy makers and can provide materials at the local, state and national level. On occasion, the SIBC issues media statements and provides background information for members of the national and local media.

SIBC membership is ongoing and open to the more than 5,000 U.S. companies that provide critical materials to the Virginia-class submarine program. Member businesses range from the smallest specialty shops to manufacturers of main propulsion equipment. Shipbuilder General Dynamics Electric Boat Corporation provides funding for administrative support.

All activities are voluntary, there are no membership fees, and travel expenses are borne by each individual company.