July 17, 2015
NEWPORT NEWS, Va., July 17, 2015 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division was awarded a $106 million contract to provide engineering and industrial support on U.S. Navy submarines, special mission submersibles, submarine support facilities and related programs. If all options are exercised, the total value of the contract will be $564 million.
Work will include engineering, design, configuration management, integrated logistic support, database management, research and development, modernization and industrial support. Work will begin immediately and is expected to continue through September 2019.
"Receiving this contract allows Newport News Shipbuilding to continue decades of delivering the best engineering, design and logistics support for U.S. Navy submarines," said Jennifer Boykin, Newport News' vice president, engineering and design. "We look forward to providing continued support to the operational readiness of our nation's submarine force."
Newport News is one of only two U.S. shipyards capable of building nuclear-powered submarines and has completed hundreds of ship repair projects for the U.S. government, ranging from paint repair to complete hull and machinery renovation.
HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong.
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