Hello, Guest!
  • Sunday, December 22, 2024
HII Shipbuilding division / hii.com/news

HII Receives $155M Navy Contract Modification for USS Zumwalt Modernization Work

HII’s (NYSE: HII) Ingalls Shipbuilding division has secured a $154.8 million contract modification from the U.S. Navy to modernize the USS Zumwalt (DDG 1000) guided-missile destroyer.

USS Zumwalt will integrate the Conventional Prompt Strike weapon system and undergo other technology upgrades under the contract modification, HII said Tuesday.

The ship left San Diego in early August and arrived in Pascagoula, Mississippi, on Aug. 19.

In January, Ingalls Shipbuilding received a $10.5 million contract to support modernization period planning work on USS Zumwalt (DDG 1000) and Michael Monsoor (DDG 1001) destroyers.

Zumwalt-class destroyers are multimission vessels designed to enable the Navy to project power and perform deterrence, sea control and command-and-control operations. The ships come with an electric propulsion system, a stealth design, tumblehome hull, warfighting technologies and other weaponry.

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.