China Hosts Foreign Naval Officials Amid South China Sea Tensions
By Laurie Chen QINGDAO, China, April 21 (Reuters) – The Chinese Navy on Sunday kicked off a biennial meeting of top foreign naval officials in the port city of Qingdao, in a...
Out of the ashes of the once financially troubled Northrop Grumman Shipbuilding, Huntington Ingalls Industries charges ahead with the award of a $504M contract associated with the latest Gerald R. Ford -class (CVN 78) nuclear-powered aircraft carrier.
NEWPORT NEWS, Va., July 29, 2011 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) received a $504 million cost-plus-incentive-fee contract extension to continue engineering work associated with construction of the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78).
The company’s Newport News Shipbuilding division is the prime contractor. Work performed under the contract includes the continuation of design-related activities and integration and system analysis for non-propulsion plant work.
“This contract allows the company to complete the Gerald R. Ford class design and planning activities in support of the ship’s construction,” said Mike Shawcross, vice president, Gerald R. Ford class engineering andJohn F. Kennedy (CVN 79) construction. “The Ford‘s structure is nearly 50 percent erected in our No. 12 dry dock, and construction continues on schedule for delivery in 2015.”
Gerald R. Ford is on track to meet its scheduled launch in 2013 and delivery to the U.S. Navy in 2015. An estimated 5,000 shipbuilders, including design, engineering, planning and construction, are working on the ship today. As with all aircraft carriers built by Newport News Shipbuilding, suppliers from more than 40 states across the nation, representing more than 24,000 jobs, are contributing to Gerald R. Ford‘s construction.
Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder. Employing nearly 38,000 in Virginia, Mississippi, Louisiana and California, its primary business divisions are Newport News Shipbuilding and Ingalls Shipbuilding. For more information, please visit www.huntingtoningalls.com.
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