
HuntingtonâŊIngalls Lands Major U.S. Navy Contract for AircraftâCarrier Support
âĒBy ADMIN
Related Stocks:HII
Huntington Ingalls Industries (HII) has secured a costâplusâfixedâfee contract from the United States Navy worth $91.9âŊmillion â with potential addâons pushing total value up to roughly $472âŊmillion.
The deal tasks HII with providing engineering, technical, and design support for both the Nimitzâclass and the newer Gerald R. Fordâclass aircraft carriers. Services will include integrated logistics support, configuration/database management and modernization, as well as development of shipâchange documentation.
Work will occur primarily in Newport News, Virginia (ââŊ96%), with smaller portions allocated to Portsmouth, Virginia and Bremerton, Washington.
If all contract options are exercised, this effort extends through NovemberâŊ2030 â reinforcing HIIâs longâterm role as a critical maintenance and modernization partner to the U.S. fleet.
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