INGALLS SHIPBUILDING AWARDED MODERNIZATION CONTRACT FOR CG 47-CLASS SHIPS
Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has been awarded an $83.3 million cost-plus-award-fee contract from the U.S. Navy for continued life-cycle engineering, modernization and support services on the U.S. Navy's fleet of USS Ticonderoga-class (CG 47) Aegis guided missile cruisers. The contract is the first of five options which, if exercised, would place the total value of the contract at $468.2 million.
HUNTINGTON INGALLS INDUSTRIES TO PRESENT AT CITI GLOBAL INDUSTRIALS CONFERENCE
Huntington Ingalls Industries (NYSE:HII) will present at the 2012 Citi Global Industrials Conference on Wednesday, Sept. 19 in Boston. The presentation by HII President and Chief Executive Officer Mike Petters and Chief Financial Officer Barbara Niland will begin at 8 a.m. EDT and will be webcast on www.huntingtoningalls.com.
MULTIMEDIA RELEASE — NEWPORT NEWS SHIPBUILDING OPENS NEW SUBMARINE FACILITY
Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding (NNS) division opened a new, 65,000-square-foot facility, called the Supplemental Module Outfitting Facility (SMOF), to facilitate the Virginia Class Submarine (VCS) Program's two-submarines-per-year build plan.