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  • Monday, December 23, 2024

HII Books $175M Navy Contract for Aircraft Carrier Elevator Support Maintenance

Huntington Ingalls Industries (NYSE: HII) will maintain and repair elevator support units aboard the U.S. Navy‘s nuclear-powered aircraft carriers under a five-year, $174.9M contract. 

The Navy awarded the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract via a competitive solicitation and will obligate funding at the issuance of task orders, the Department of Defense said Friday.

HII will carry out work aboard CVN units stationed in the continental and outside the continental U.S. and forward deployed areas.

DOD expects the company to wrap up work by January 2026.

The Naval Sea Systems Command awarded the contract after a competitive solicitation and procurement process through the beta SAM website.

The service branch deploys CVN units to perform maritime security missions and support air vehicles that engage afloat, airborne and ashore targets that could potentially affect free use of the sea.

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