Hello, Guest!
  • Sunday, December 22, 2024
"HII logo", by Huntington Ingalls Industries, https://hii.com/wp-content/uploads/2023/04/Fact-File-MT-February-2023.pdf, licensed under CC0

HII Shipbuilding Unit Books $528M Contract to Help Maintain Navy Aircraft Carriers

HII‘s (NYSE: HII) Newport News Shipbuilding division will help the U.S. Navy maintain Nimitz- and Gerald R. Ford-class aircraft carriers under a potential five-year, $528.4 million contract.

The indefinite-delivery/indefinite-quantity award will include repair and modernization of the nuclear-powered ships visiting or stationed in San Diego, HII said Monday.

NNS, which designed the Nimitz- and Gerald Ford-class ships, will also respond to Chief of Naval Operations scheduled availabilities as part of the contract.

Thomasina Wright, NNS vice president of fleet support programs, said the business has serviced aircraft carriers for the Navy for more than two decades.

Video of the Day

Related Articles

HII Books $305M DIA Task Order for US Forces Korea Intelligence Support Contract Awards

HII Books $305M DIA Task Order for US Forces Korea Intelligence Support

HII‘s (NYSE: HII) mission technologies division will help U.S. Forces Korea analyze actionable intelligence to inform threat detection initiatives under a $305 million recompete task order from the Defense Intelligence Agency. The company said Tuesday it will provide intelligence analysis and operational support services for the Joint Intelligence Operations Center-Korea and help execute the Korean

Navy Makes $1.2B Contract Modification to USS Boise Overhaul by HII Contract Awards

Navy Makes $1.2B Contract Modification to USS Boise Overhaul by HII

The U.S. Navy awarded HII’s (NYSE: HII) Newport News Shipbuilding business a contract modification worth up to $1.17 billion to complete engineering overhaul of the Los Angeles-class attack boat USS Boise, the Department of Defense said Friday. The action comes more than six years after the service branch initially announced the contract, which is expected

GovCon Index Edged Lower but Held Steady for Most of the Week Financial Reports

GovCon Index Edged Lower but Held Steady for Most of the Week

Executive Mosaic’s GovCon Index ticked slightly lower to an average of $154.69 despite positive gains in three of the five trading sessions beginning Jan. 29. Corporate earnings, including those from tech titans, flooded Wall Street. Investors also awaited the outcome of the first Federal Open Market Committee meeting in 2024.Check out last week's market reports for more information on daily GovCon Index performance. To view the complete list of tracked companies, click here.