U.S. Navy awards Huntington Ingalls $724.3M yard support contract
The shipbuilder will undertake technical support for amphibious transport and assault ships in the U.S. and Japan.
The U.S. Navy has selected Huntington Ingalls to undertake a shipyard technical support contract in Mississippi.
The deal has a hybrid structure, which includes options that if exercised would take the total value of the contract to $724.3 million.
Huntington will undertake yard support for various amphibious transport and assault ships, and will also undertake on-site technical support for naval operations in Florida, Virginia, California, and Japan.
The work is expected to be completed by May 2028.
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Huntington is the U.S.’s largest military shipbuilder and was formed in 2011 as a spin-off of Northrop Grumman. It trades on the New York Stock Exchange under the ticker HII.
