By Tony Capaccio (Bloomberg) --General Dynamics Corp. has received a $22.2 billion contract from the U.S. Navy to build nine more nuclear-powered Virginia-class submarines, the largest shipbuilding contract in the service’s history. The contract includes an option for a 10th vessel over five years, the Navy said Monday. Huntington Ingalls Industries Inc. is the top … [Read more...]
NASSCO Awarded Contract to Build More Expeditionary Sea Base Ships for U.S. Navy
General Dynamics NASSCO has been awarded a contract to build up to three more Expeditionary Sea Base ships for the U.S. Navy. The contract, announced Friday by the Department of Defense, calls for the construction two ESBs for $1.08 billion at the company’s San Diego shipyard. It also includes an option for a third vessel that, if exercised, would bring the total contract … [Read more...]
USS Ford Munitions Elevators Miss Another Deadline in Latest Setback
By Tony Capaccio (Bloomberg) --Only two of 11 elevators needed to lift munitions to the deck of the U.S. Navy’s new $13 billion aircraft carrier have been installed, according to a Navy veteran who serves on a key House committee. “I don’t see an end in sight right now” to getting all the elevators working on the USS Gerald R. Ford, the costliest warship ever, Democratic … [Read more...]
VT Halter Marine Wins $745 Million Icebreaker Contract
Yesterday, the U.S. Coast Guard and U.S. Navy awarded VT Halter Marine Inc., Pascagoula, Mississippi, a contract for the Detail Design and Construction of the Coast Guard’s lead Polar Security Cutter (PSC). The initial award is valued at $745.9 million and supports non-recurring engineering and detail design of the PSC class as well as procurement of long lead-time … [Read more...]
U.S. Navy Awards $15 Billion Contract for Construction of New Ford-Class Aircraft Carriers
WASHINGTON, Jan 31 (Reuters) - The Pentagon said on Thursday it awarded Huntington Ingalls Industries Inc a $15.2 billion contract to build two nuclear-powered aircraft carriers. The U.S. Navy told lawmakers in December it intended to pursue a block purchase of two Ford-class aircraft carriers, a step officials have said could save billions of dollars as the Trump … [Read more...]