Huntington Ingalls awarded $97.7 million contract for USS Harry S. Truman
Get Alerts HII Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.9%
EPS Growth %: +18.8%
Join SI Premium – FREE
Investing.com -- Huntington Ingalls Inc. (NYSE: HII), Newport News Shipbuilding has been awarded a $97,680,000 contract modification for the USS Harry S. Truman aircraft carrier overhaul project.
The U.S. Department of War announced Monday that the cost-plus-incentive-fee modification is for additional long-lead-time materials needed for the refueling and complex overhaul (RCOH) of the USS Harry S. Truman (CVN 75).
This modification builds upon a previously awarded contract (N00024-24-C-2106) for the Virginia-based shipbuilder.
Work on the project will be performed at Newport News, Virginia, and is expected to be completed by September 2026.
The Naval Sea Systems Command in Washington, D.C. is serving as the contracting activity for the project. The announcement noted that funding will not be obligated at the time of the award.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- L3Harris awarded $876 million Navy contract for jammer system work
- Everpure raises FY28 revenue outlook, targets four growth areas
- Minerals Technologies outlines calcium metal and slag recycling plans
Create E-mail Alert Related Categories
InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share