USS Barracuda (SSK-1/SST-3/SS-550), the lead ship of her class, was the second ship of the United States Navy to be named for the barracuda, a voracious, pike-like fish. Her keel was laid down on 1 July 1949 by the Electric Boat Division of General Dynamics Corporation in Groton, Connecticut. She was launched on 2 March 1951 as K-1 sponsored by Mrs. Willis Manning Thomas, and commissioned on 10 November 1951 with Lieutenant Commander F. A. Andrews in command. Notably, United States President Jimmy Carter served as an officer on the SSK-1 during its first year.
The three SSK boats, Barracuda (SSK-1), Bass (SSK-2), and Bonita (SSK-3), were built around the large BQR-4 bow-mounted sonar array as part of Project Kayo, which experimented the use of passive acoustics with low-frequency, bow sonar arrays. When the boat was rigged for silent running, these arrays gave greatly improved convergence zone detection ranges against snorkeling submarines. The SSKs themselves were limited in their anti-submarine warfare abilities by their low speed and their need to snorkel periodically, but the advances in sonar technology they pioneered were invaluable to later nuclear-powered submarines.
Barracuda joined Submarine Development Group 2 with her home port at New London, Connecticut. She cruised along the Atlantic coast of the United States and Canada, in the Caribbean Sea, and made a voyage to Greenock and Rothesay, Scotland, in June 1955. On 16 December 1956 her name was changed from K-1 to Barracuda (SSK-1). During intervals between and after these cruises, Barracuda operated along the eastern seaboard carrying out training and experimental exercises.
Barracuda was redesignated SST-3 on 3 July 1959 and on 15 August 1959 was changed to SS-550, the same day she was decommissioned. She was scrapped between 8 April and 8 July 1974 near Charleston, South Carolina, possibly at the Braswell Shipyards.