We consider the stochastic background of gravity waves produced by fir
st-order cosmological phase transitions from two types of sources: col
liding bubbles and hydrodynamic turbulence. First we discuss the fluid
mechanics of relativistic spherical combustion. We then numerically c
ollide many bubbles expanding at a velocity v and calculate the result
ing spectrum of gravitational radiation in the linearized gravity appr
oximation. Our results are expressed as simple functions of the mean b
ubble separation, the bubble expansion velocity, the latent heat, and
the efficiency of converting latent heat to kinetic energy of the bubb
le walls. A first-order phase transition is also likely to excite a Ko
lmogoroff spectrum of turbulence. We estimate the gravity waves produc
ed by such a spectrum of turbulence and find that the characteristic a
mplitude of the gravity waves produced is comparable to that from bubb
le collisions. Finally, we apply these results to the electroweak tran
sition. Using the one-loop effective potential for the minimal electro
weak model, the characteristic amplitude of the gravity waves produced
is h congruent-to 1.5 x 10(-27) at a characteristic frequency of 4.1
x 10(-3) Hz corresponding to OMEGA approximately 10(-22) in gravity wa
ves, far too small for detection. Gravity waves from more strongly fir
st-order phase transitions, including the electroweak transition in no
nminimal models, have better prospects for detection, though probably
not by LIGO.