A 1935 graduate of the United States Naval Academy in Annapolis, Maryland, Reich attended the submarine school at New London, Connecticut, then in 1939 became executive officer and engineer on the first. Sealion was the first US submarine damaged in World War II; it was bombed on December 10, 1941 while undergoing repairs at Cavite Navy Yard in the Philippines, and later scuttled, four men were killed and three others wounded during the bombing. After Sealion was scuttled Reich served on the staff of the submarine commander at Corregidor and Bataan in the Philippines, escaping aboard before the surrender of U.S. forces there in the spring of 1942. He was executive officer aboard the in 1943, then in March 1944 assumed command of the second. Under Reich's command, Sealion II was credited with sinking the, the only Japanese battleship sunk by submarine during World War II, the destroyer, and a prisoner of war ship, Rayuko Maru. After sinking the POW ship, Sealion II surfaced and rescued 23 Australian and 31 Britishprisoners of warfrom the sea.
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Shortly after his retirement from the Navy, Reich was named director of the Emergency Energy Allocations Program, which was responsible for the distribution of oil and gasoline during the 1973 oil crisis. Described as a "crusty three-star admiral" by syndicated columnists Rowland Evans and Robert Novak, Admiral Reich was reported by the columnists to have told staff members:
I don't give a damn for the public image. We're not here to create an image. We're to do a job—my way. And that's the military way.
After a short time at the job, Admiral Reich clashed with energy chief William E. Simon, and he left the newly formed Department of Energy. Reich later did consulting on national security matters involving weapons systems acquisitions, shipbuilding and mobilization planning. Reich is also credited with founding the Naval Undersea Museum in Keyport, Washington. After his retirement he created the Naval Undersea Museum Foundation which raised the funds, designed, and built the museum. The museum has since been donated to by the US Navy. Reich's family donated "many of his awards, battle flag, uniforms, and memorabilia to the museum after his death." The museum also commissioned an oil portrait and bust of him which are currently on display along with many of the families donations.
Awards
Reich received the Navy Cross three times, the second-highest decoration for valor the United States Navy awards, after the Medal of Honor, for "extraordinary heroism" as commander of the Sealion II from its March 8, 1944 commissioning until relieved by Lieutenant Commander Charles F. Putnam on December 4, 1944. Reich was also twice awarded the Navy Distinguished Service Medal, once awarded the Legion of Merit, and received the Bronze Star. In 1963 the American Society of Naval Engineers awarded Eli T. Reich the Gold Medal Award for his work on Surface Missile Systems. The Gold Medal Award, has been awarded annually since 1958, and is given to an individual who has made a significant naval engineering contribution in a particular area during the past five years.
In the field of naval engineering, the nominee must have made a most significant contribution through personal effort, or through the direction of others, during or culminating in the five-year period ending in the current year. Evidence of personal involvement shall be explicitly stated. If, for security reasons, the evidence cannot be publicly disclosed, the statement should be sufficiently specific for recognition of the accomplishment by those qualified to assess it.
In the early 1990s the Naval Academy honored Reich at a "Heroes of WWII" dinner. There is also a "VADM Eli T. Reich Building" named in his honor at Naval Surface Warfare Center Port Hueneme Division in Port Hueneme, California. This building is one of the station's on site engineering facilities, housing combat system simulators, selected weapon systems and combat systems equipment, and much of the other shipboard equipment for which NSWC PHD is the designated In-Service Engineering Agent.