Huntington Ingalls Industries Awarded Contract for Construction of First Two Columbia-Class Submarine Modules
November 23 2020 - 6:00PM
Huntington Ingalls Industries (NYSE:HII) announced today that its
Newport News Shipbuilding division has been awarded a contract
modification from General Dynamics Electric Boat in support of
construction on the first two Columbia-class ballistic missile
submarines
The contract modification, valued at approximately $2.2 billion,
provides continued design support efforts, as well as the
construction and delivery of six module sections for each of the
first two Columbia-class submarines.
As part of the contract, Newport News will deliver the completed
modules to Electric Boat for final assembly. The contracted module
delivery dates are scheduled to start in November 2022 with the
last module delivery taking place by January 2028.
“We are pleased to be a crucial design and manufacturing
contributor to the Columbia-class program,” said Charles Southall,
Newport News’ vice president of Columbia-class Submarine
Construction. “This contract continues NNS’ longstanding and strong
commitment to the Navy’s undersea enterprise through the design and
construction of major modules and assemblies necessary to achieve
program objectives.”
Newport News is a major contractor and shipbuilding partner in
the Columbia-class program, and in May 2019 began advance
construction activities on the lead ballistic missile submarine
under contract to Electric Boat.
The Columbia class will replace the fleet of Ohio-class
ballistic missile submarines. The lead ship is scheduled to be
delivered to the Navy in 2027.
Huntington Ingalls Industries is America’s largest military
shipbuilding company and a provider of professional services to
partners in government and industry. For more than a century, HII’s
Newport News and Ingalls shipbuilding divisions in Virginia and
Mississippi have built more ships in more ship classes than any
other U.S. naval shipbuilder. HII’s Technical Solutions division
supports national security missions around the globe with unmanned
systems, defense and federal solutions, and nuclear and
environmental services. Headquartered in Newport News, Virginia,
HII employs more than 42,000 people operating both domestically and
internationally. For more information, visit:
- HII on the web: www.huntingtoningalls.com
- HII on Facebook:
www.facebook.com/HuntingtonIngallsIndustries
- HII on Twitter: www.twitter.com/hiindustries
- HII on YouTube: www.youtube.com/huntingtoningalls
- HII on Instagram: www.instagram.com/huntingtoningalls
Contact:
Duane Bourne
Duane.A.Bourne@hii-co.com
(757) 380-3581
Huntington Ingalls Indus... (NYSE:HII)
Historical Stock Chart
From Mar 2024 to Apr 2024
Huntington Ingalls Indus... (NYSE:HII)
Historical Stock Chart
From Apr 2023 to Apr 2024