in ,

Huntington Ingalls Gets $618M Modification on Destroyer Shipbuilding Contract with Navy

Huntington Ingalls Gets $618M Modification on Destroyer Shipbuilding Contract with Navy - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Huntington-Logo_ExecutiveBizThe U.S. Navy has awarded Huntington Ingalls Industries a $618 million contract modification for work on DDG 123, the fourth Arleigh Burke-class that the company will build under a five-ship contract it won in June 2013.

HII said Wednesday its received about $55 million in funds from the Navy prior to the award of the modification that will extend the company’s construction services for the DDG 51 program through 2023.

HII’s Ingalls Shipbuilding division is currently building USS John Finn, USS Ralph Johnson, USS Paul Ignatius, USS Delbert D. Black and USS Frank E. Peterson Jr. destroyers.

To date, the company has built and delivered 28 Arleigh Burke-class ships to the Navy.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Lockheed-Serco-Jacobs JV Lands Updated UK Atomic Weapons Establishment Mgmt Support Contract - top government contractors - best government contracting event
Lockheed-Serco-Jacobs JV Lands Updated UK Atomic Weapons Establishment Mgmt Support Contract
Capgemini Continues App Dev't Support to UK Revenue & Customs Agency - top government contractors - best government contracting event
Capgemini Continues App Dev’t Support to UK Revenue & Customs Agency